Asian shares mostly lower on strong China price data

asian shares mostly lower on strong china price data

Sumary of Asian shares mostly lower on strong China price data:

  • BANGKOK (AP) — Shares fell Friday in most Asian markets after China reported a stronger than expected rise in prices that could prompt authorities to act to cool inflation..
  • On Thursday, stocks closed moderately higher on Wall Street, lifted by gains in large technology companies that benefit from lower bond yields..
  • China reported that consumer prices rose in March due to a jump in fuel prices, while producer prices climbed at the fastest pace in more than four years..
  • The consumer price index rose 0.4% in March compared with minus 0.2% in February, as fuel prices jumped nearly 12% from a year earlier..
  • On Thursday, the S&P 500 index gained 0.4% to 4,097.17, another record high following records set on Monday and Wednesday..
  • Stocks have benefited this week as bond yields, which had been steadily ticking higher, retreated from highs hit earlier in the month….

Want to know more click here go to source.

From -
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Site Language

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.