Asian stock markets traded mostly in green territory on Friday, following a positive lead from Wall Street and as oil prices stabilized after reaching multi-year highs in the previous session.
Tuesday trading session is a very busy day for the markets. After yesterday's disappointing data in US producer prices, consumer price inflation justified expectations and was at the level of + 2.5% in annual terms - above PPI for the first time since December 2016 – on the background of rising energy and housing prices.
Today, crypto currency markets are trying to win back losses suffered by crypto earlier this week.
Yesterday's trading session was extremely successful for the US equity market. All major sectors gained, but in general America added 0.7% - 1%.
Last week we have spoken about Warren Buffett’s dislike for Bitcoin and the whole cryptocurrency world.