HANG SENG INDEX (^HSI)
| Previous close | 19,115.06 |
| Open | 19,203.82 |
| Volume |
| Day's range | 19,072.64 - 19,301.13 |
| 52-week range | 14,794.16 - 20,361.03 |
| Avg. volume | 2,937,882,928 |
Yahoo Finance UKFTSE 100 LIVE: European stock markets rise to record highs amid hopes for interest rate cuts
Last night, US Federal Reserve chair Jerome Powell said he did not expect interest rates to be increased again, ahead of upcoming inflation figures.
ReutersStocks at record high ahead of inflation; meme mania heats up
LONDON (Reuters) -Global shares rose while the dollar retreated on Wednesday, after a hot reading of U.S. wholesale inflation set a nervous tone for trading ahead of the consumer price report that could prove decisive in when the Federal Reserve cuts interest rates. Price action was more subdued as investors were reluctant to push any market too aggressively one way or another ahead of the monthly U.S. consumer price index later in the day. In European trading, the STOXX rose 0.3%, buoyed largely by healthcare shares, while U.S. stock futures were broadly flat on the day, indicating a more muted start on Wall Street, where activity the previous day centred on the meme-stock rally.
- Reuters
GLOBAL MARKETS-Stocks rise, dollar drifts ahead of US inflation report
Asian stocks rose on Wednesday while the dollar drifted lower as traders weighed mixed U.S. producer price data and braced for the crucial consumer price report later in the day that is likely to influence the Federal Reserve's near-term policy path. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.38%, scaling a fresh 15-month high earlier in the session. Japan's Nikkei gained 0.58%.
