Marketmind: Hitting the buffers
newscatcher
2021-09-10 07:30
Marketmind: Hitting the buffers
A look at the day ahead from Sujata Rao.A phone chat between the U.S. and Chinese presidents has made all the difference to markets' mood: world stocks have snapped a three-day losing streak, the yuan is at one-week highs and U.S. Treasury yields are moving up.Yet there is no dismissing the brewing concerns — we seem to be past peak liquidity and peak growth, yet inflationary pressures show no sign of abating. Chinese factory gate prices have hit 13-year highs, the ECB just upped inflation projections and later on Friday, we will see what U.

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