Hong Kong, Jan 16, 2025 (AFP) - Asian stocks follow Wall St higher on welcome US inflation data

NAMPA / AFP

2025-01-16

Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year. Strong earnings from Wall Street banking titans and a ceasefire deal between Israel and Hamas added to the optimistic mood on trading floors. Still, there remains a certain amount of caution ahead of Donald Trump returning to the White House next week, having promis......

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