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GLOBAL MARKETS-Stocks and gold cheer U.S. inflation picture, while dollar slides

13 Sept 23:39 Key points summarised by AI

Global markets rallied, with stocks and gold rising, while the dollar weakened, driven by U.S. inflation data suggesting the Federal Reserve may soon conclude interest rate hikes.
U.S. consumer inflation in March was the smallest annual rise since May 2021 (5%), fueling market expectations for a potential pause or "dovish hike" from the Fed at its upcoming meeting.
European blue-chip stocks hit a two-decade peak, with investors anticipating the European Central Bank will maintain a more hawkish stance longer than the Fed.
Gold surged above $2,000 an ounce, benefiting from a weaker dollar and the prospect of fewer rate increases, enhancing its appeal as an investment.
Upcoming earnings from major U.S. banks are under close scrutiny, as concerns about the banking sector's stability remain a significant factor influencing future monetary policy decisions.

Yesterday 14:22 Key points summarised by AI

Thailand's Education Ministry is implementing a four-pronged strategy to address its students' below-average performance in PISA 2025 and tackle significant educational inequality.
The plan prioritizes closing performance gaps by increasing funding for small and low-income schools, overhauling the curriculum to foster critical thinking, and adopting a data-driven management system to reduce teacher workload.
Key initiatives include enhancing school safety, combating cyberbullying, and expanding mental health support through peer-to-peer networks, recognizing the severe impact of distress on academic performance.
An education expert advises verifying if PISA improvements stem from structural changes, advocating for a revived STEM curriculum with practical 'learn by doing' methods, and urging bureaucratic reform to link teacher evaluations to student development.