Stocks turn more cheery, dollar looks to Powell, US data for direction

Global Market Insights - Forex, Futures, Stocks

May 17 2022 • 4 mins

Hong Kong shares rally, lift Asia and Europe, as China gloom fades. But Wall Street and dollar set sights on US retail sales and Powell’s inflation speech. Pound gets surprise jobs boost, shrugs off Bailey’s apocalyptic warnings.

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