Global Stock Markets Mostly Rise as US Data Comforts Rate Outlook
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#5e43e797 ver:0.12
Global stock markets mostly rose as US data comforted expectations that the Federal Reserve will be able to cut interest rates. US durable goods orders rebounded slightly more than expected in February, but by much less than the fall in January. US consumers' assessment of their current situation improved in March, but they became more pessimistic about the future and their expectations to buy big-ticket items, autos, and homes in the coming six months fell further. Recent guidance from the Federal Reserve pointed to three interest rate cuts before the end of the year. Investors are also gearing up for the first-quarter earnings season, with some observers warning that profit expectations may have gone too far and disappointing reports could spark a pullback in equities. Oil prices steadie...
#newstr #StockMarkets #UsData #InterestRates #FederalReserve #DurableGoods #ConsumerAssessment #EarningsSeason #OilPrices #CocoaPrices #Atos