Caution Creeps Back as Markets Eye Crucial Inflation Data in the Week

Traders appear to be stepping back from last Friday’s risk-on rally, showing more caution in the Asian session today. The mood in major indices is mixed; with Nikkei trading down by more than -1%, while HSI is showing gain of about 1%. This cautious sentiment is mirrored in the currency markets, where safe-haven currencies like […] The post Caution Creeps Back as Markets Eye Crucial Inflation Data in the Week appeared first on Action Forex.

Aug 29, 2024 - 19:25
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Caution Creeps Back as Markets Eye Crucial Inflation Data in the Week

Traders appear to be stepping back from last Friday’s risk-on rally, showing more caution in the Asian session today. The mood in major indices is mixed; with Nikkei trading down by more than -1%, while HSI is showing gain of about 1%. This cautious sentiment is mirrored in the currency markets, where safe-haven currencies like […]

The post Caution Creeps Back as Markets Eye Crucial Inflation Data in the Week appeared first on Action Forex.

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