Asian Stocks Edge Higher ahead of U.S. Inflation Report
Stocks in Asia traded higher in the morning session on Thursday while investors are looking forward to the U.S. inflation report later today.
Stocks in Asia traded higher in the morning session on Thursday while investors are looking forward to the U.S. inflation report later today.
10 มิ.ย. 2564

Stocks in Asia edged higher on Thursday ahead of the announcement of the U.S. inflation data that was anticipated to be the fastest since 2008.
 
As of 9:25 local time in Thailand, Nikkei rose 0.45%, SSEC gained 0.44%, HSI increased 0.42%, ASX 200 edged 0.41% higher and Kospi advanced 0.30%.
Yesterday, SET Index closed at 1,626.27 points, increased 13.39 points or 0.83% with a trading value of 94 billion baht.
The U.S. expected to report its consumer inflation data later today in which economists estimated headline inflation at 4.7%, the fastest pace since 2008.
 
Finansia Syrus Securities (FSS) expected SET Index to move in sideways to sideways up trends on the positive momentum that the index was able to close above the 1,625 level, but upside was limited.
The analyst recommended investors to keep an eye on the U.S. inflation report tonight. If the headline inflation appears to be higher than expected, it could affect the Fed’s monetary policy and the QE.