TÜV Rheinland North America participated in CES for the tenth consecutive year and announces its investments for 2023

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Marketmind: Keep calm, risk on

U.S. inflation data for December is in, and while market reaction was perhaps a little muted relative to recent releases and the hype surrounding it, the overriding message for investors was clear: keep calm and risk on. A Bank of Korea interest rate decision and Chinese trade data are the main set piece events in Asia, but markets there will likely open strongly after global stocks rose, bond yields fell and credit spreads tightened on Thursday. Annual U.S. consumer price inflation in December slowed as expected and monthly prices fell for the first time since 2020, numbers that suggest the Fed is closer to getting inflation under control and therefore nearer the end of its hiking cycle.