News Highlights: Top Global Markets News of the Day - Wednesday at 7 AM ET

Stock Futures Mixed as Big-Name Earnings in Spotlight 
 

S&P 500 futures edged up, while Dow futures were little changed ahead of a flurry of earnings.

 
Is There Light at the End of the Tunnel for Hong Kong? 
 

Proposed regulatory changes are welcome news for the city's stock market, but they probably aren't enough.

 
Asian Central Banks Face Policy Dilemma From Fed Rate-Cut Delay, FX Crunch 
 

A surprise rate hike by Indonesia's central bank underlines expectations that the start of monetary policy easing is looking increasingly far off for many Asian central banks, if it is on the horizon at all.

 
China Central Bank Remarks Suggest Bond-Trading Liquidity Boost Not Imminent 
 

The PBOC has reinforced views that it is unlikely to deliver a big liquidity boost via bond trading after the finance ministry voiced support for the central bank to resume such trading.

 
Indonesia Central Bank Delivers Surprise Rate Hike as Rupiah Tumbles 
 

The country's first rate rise of the year is aimed at bolstering the rupiah as it languishes around four-year lows versus the dollar.

 
The Folly of China's Real-Estate Boom Was Easy to See, but No One Wanted to Stop It 
 

Developers, home buyers and Western bankers all ignored warning signs, but not two accountants who went looking for "financial anomalies" and "shenanigans."

 
German Business Mood Brightens Further 
 

Sentiment among German companies ticked higher for a third-straight month in April, despite slow economic growth expected in the early part of this year.

 
Grant's Take: The Travel Bug Is Keeping the U.S. Economy Strong 
 

The U.S. economy keeps humming along, and strong travel demand is a key reason why.

 
Australia's Inflation Remains Strong 
 

Australian consumer price inflation remained strong in the latest quarter, illustrating the challenge the country's central bank faces in bringing inflation back to target and adding uncertainty around the timing of interest-rate cuts.

 
Cathie Wood's Popular ARK Funds Are Sinking Fast 
 

Investors have pulled a net $2.2 billion from ARK's active funds this year, topping outflows from all of 2023.

(END) Dow Jones Newswires

April 24, 2024 07:15 ET (11:15 GMT)

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