News: 2024.03.12
5 major events in today’s financial market: The much-anticipated U.S. CPI surged 13% before Oracle opened the market
Here are five important things to know about the financial markets on Tuesday, March 12:
The focus during the day is on the U.S. CPI in February. The data is expected to help investors judge whether the Federal Reserve will adjust interest rate policy. The market's reaction to the inflation data will directly affect the dollar index and stock market performance.
Oracle shares surged $13% before the market opened as the company announced a major acquisition. Investor optimism about the move drove shares higher.
China will release the latest economic data, including data on industrial production, retail sales and fixed asset investment. The data will help investors assess the health of China's economy.
The European Central Bank will announce its latest interest rate decision, and the market will pay close attention to the central bank's assessment of the euro zone economy and future policy trends. This will have an impact on the euro exchange rate and European stock markets.
Global stock markets have experienced significant fluctuations in recent times, mainly affected by factors such as global trade tensions, slowing economic growth, and geopolitical risks. Investors should pay close attention to market dynamics and adjust investment strategies in a timely manner.