{"id":75056,"date":"2025-03-13T17:58:58","date_gmt":"2025-03-13T06:58:58","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=75056"},"modified":"2025-08-06T15:19:38","modified_gmt":"2025-08-06T05:19:38","slug":"thursday-13th-march-2025-global-markets-mixed-as-u-s-inflation-eases-and-tech-stocks-rebound","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/thursday-13th-march-2025-global-markets-mixed-as-u-s-inflation-eases-and-tech-stocks-rebound\/","title":{"rendered":"Thursday 13th March 2025: Global Markets Mixed as U.S. Inflation Eases and Tech Stocks Rebound"},"content":{"rendered":"\n<h3>Global Markets:<\/h3>\n\n\n\n<ul>\n<li>&nbsp;Asian Stock Markets : Nikkei down 0.03%, Shanghai Composite down 0.40%, Hang Seng down 0.88% ASX down 0.48%<\/li>\n\n\n\n<li>Commodities : Gold at $2948.35 (0.10%), Silver at $33.5 (-0.48%), Brent Oil at $70.75 (-0.05%), WTI Oil at $67.58 (-0.14%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.296, UK 10-year yield at 4.7245, Germany 10-year yield at 2.8765<\/li>\n<\/ul>\n\n\n\n<h3>News &amp; Data:<\/h3>\n\n\n\n<ul>\n<li>(USD) Core CPI m\/m 0.2%&nbsp; to 0,3% expected<\/li>\n\n\n\n<li>(USD) CPI m\/m 0,2%&nbsp; to 0.3% expected<\/li>\n\n\n\n<li>(USD) CPI y\/y 2.9%&nbsp; to 2.9% expected<\/li>\n\n\n\n<li>(CAD) Overnight rate&nbsp; 2.75%&nbsp; to 2.75% expected<\/li>\n<\/ul>\n\n\n\n<h3>Markets Update:<\/h3>\n\n\n\n<p><br \/>Asia-Pacific markets showed mixed trends Thursday after a soft U.S. inflation report helped two of Wall Street\u2019s three benchmarks recover from recent losses. The U.S. consumer price index rose 0.2% month-on-month in February, bringing annual inflation to 2.8%. Vishnu Varathan, head of macro research at Mizhuo Bank, called it \u201cwelcome relief\u201d but noted it\u2019s premature for the Federal Reserve to ease its stance.<\/p>\n\n\n\n<p>In Asia, Japan\u2019s Nikkei 225 was flat, while the Topix index edged up 0.18%. Seven &amp; i Holdings climbed 3.6% as Canadian convenience store giant Alimentation Couche-Tard continued efforts to acquire the 7-Eleven operator with a $47 billion bid\u2014the largest-ever foreign buyout in Japan. However, Seven &amp; i has remained resistant, citing regulatory concerns. South Korea\u2019s Kospi and Kosdaq both declined, reversing earlier gains. Hong Kong\u2019s Hang Seng Index fell 1.2%, while China\u2019s CSI 300 dropped 0.54%. Australia\u2019s S&amp;P\/ASX 200 lost 0.48%, marking its third consecutive day of declines.<\/p>\n\n\n\n<p>Indian stocks gained after inflation cooled to 3.61% in February. Nomura economists predict inflation will stay below 4% in early 2025. The Nifty 50 and BSE Sensex were up 0.15% and 0.16%, respectively. Investors are watching how subdued demand, higher crop output, and lower manufacturing costs will impact inflation trends in the coming months.<\/p>\n\n\n\n<p>On Wall Street, the Nasdaq surged 1.22% as tech stocks rebounded. Nvidia soared 6.4%, AMD rose over 4%, Meta gained 2%, and Tesla jumped more than 7%. The S&amp;P 500 added 0.49%, while the Dow slipped 0.2%. The broader market rally was fueled by investor optimism following the inflation report, which eased concerns about a looming recession.<\/p>\n\n\n\n<h3>Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul>\n<li>12:30 PM GMT &#8211; USD Core PPI m\/m<\/li>\n\n\n\n<li>12:30 PM GMT &#8211; USD PPI m\/m<\/li>\n\n\n\n<li>12:30 PM GMT &#8211; USD Unemployment Claims<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets showed mixed [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":77277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[196,215,339],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/75056"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=75056"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/75056\/revisions"}],"predecessor-version":[{"id":75061,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/75056\/revisions\/75061"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/77277"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=75056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=75056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=75056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}