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Asian equities to be high ahead of US inflation: Market Roundup

(Bloomberg) -- Asian stocks mostly advanced after U.S. equities rallied and bonds climbed ahead of key inflation data that will help shape the outlook for the Fed's next move." Bloomberg Most Read Iran's Better, Stealthier Drones Are Reshaping Global WarfareTrumpism Is Hollowing Out ChurchesUkraine Claims to Be Be Behind Russian Ship Fires in the BalticBillionaire Geiger, Blackstone Nearing L'Occitane DealS&P 500 Rallies Late, CPI in Focus: Market RoundupToday's Currencies

Asian Stocks Set to Rise; Bond Yields Hit 2024 Highs: Market Roundup

(Bloomberg) -- Asian stocks are set to gain ground Tuesday morning after U.S. benchmarks traded lower and Treasuries got off to an unfavorable start to the week ahead of key inflation data. Bloomberg's Most Popular ReadsTrumpism is emptying the churchTrump's media documentary drops from debut to down 36%, losing billionsGermany to order ships and armored vehicles worth as much as 7 billion eurosWhy southern India rejected Modi-and why it mattersBlackRock's $10 billion deal is the latest to bet on real estate near the lowsTokyo Stock Market Futures Prices

Morning Bidding: Bauer, Data, Taiwan Earthquake Keep Markets Nervous

With Federal Reserve Chairman Jerome Powell set to speak soon, markets are skeptical that the central bank will begin easing as early as June. Money market traders disagree with the Fed and most analysts on the timing of the first rate cut of the year and the easing model. At the same time, they also lowered the expected three rate cuts in 2024, but with continued inflation and strong economic data, the Fed itself may slowly accept this view.
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