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Inflation Ease Lifts Global Markets | Tulsa News

Asian markets surged today on Wall Street’s rebound, fueled by surprisingly cooler U.S. inflation data that eases pressure on the Fed to hike rates. South Korea’s Kospi rocketed over 7%, while Japan’s Nikkei also climbed. China’s economy slowed slightly in Q2 but remains on an upward trend. Rising oil prices from renewed U.S.-Iran tensions keep traders cautious, but big tech stocks like Micron and Nvidia rebounded, lifting spirits. Treasury yields dipped as inflation cooled, and the dollar softened against the yen as the euro gained. Despite global headwinds, markets are breathing easier —…

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