Apr 6, 2021 7:00:00 AM | LGT Navigator
LGT Navigator: Strong economic data fuel hopes of recovery, but also worries of overheating
While there was no trading on the European stock exchanges for holiday reasons, the indices on Wall Street posted solid gains at the start of the week. The latest economic data from the US and Europe fuel hopes of a further and faster recovery of the global economy, but also increase the concerns of many market participants of a possible overheating and rising inflation risks. Asia's stock markets showed a mixed trend today. On the one hand, positive impetus came from overseas, while on the other hand concerns that China could curb credit growth weighed on investor sentiment.