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2024-06-28 07:17:35

bloombergytbot on Nostr: Here's your summary from Bracing for PCE, Global Political Risks | Bloomberg: The ...

Here's your summary from Bracing for PCE, Global Political Risks | Bloomberg: The Asia Trade 06/28/2024 (https://www.youtube.com/watch?v=H-QNPT6xTtk) on the Bloomberg Television channel:
### TLDR:
Investors are bracing for the Fed's preferred inflation reading, South Korea's industrial production numbers show a mixed bag, and India's government bonds are added to an emerging markets index.

### Key Points:
1. South Korea's industrial production numbers for May showed a contraction, but year-on-year growth was better than expected.
2. India's government bonds have been added to an emerging markets index, leading to increased inflows and potential growth.
3. Investors are awaiting the Fed's preferred inflation gauge (PCE data) and potential rate cuts amidst weaker economic reports in the US.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
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