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China Inflation Weakest Since Late 2021; Producer Price Deflation Worsens

China's consumer prices grew at the slowest pace since September 2021 and producer prices declined the most in 33 months in March, providing some space for monetary policy maneuver. Consumer prices gained 0.7 percent on a yearly basis in March, following an increase of 1.0 percent in February, the National Bureau of Statistics said Tuesday. Inflation was forecast to remain at 1.0 percent.
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Asian Shares Advance On China Stimulus Hopes

Asian Shares Advance On China Stimulus Hopes

Asian stocks closed mostly higher on Tuesday despite uncertainty over the future trajectory of the Federal Reserve's rate hikes and growing risks of a U.S. recession.
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Australian Dollar Rises On Upbeat Economic Data

Australian Dollar Rises On Upbeat Economic Data

The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the release of data showing that the nation's consumer sentiment increased in April.
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European Economic News Preview: Eurozone Retail Sales Data Due

European Economic News Preview: Eurozone Retail Sales Data Due

Retail sales and investor confidence reports from the euro area are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway is scheduled to issue consumer and producer prices for March. Inflation is forecast to ease to 6.1 percent from 6.3 percent in February.
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Salads Recalled For Listeria Concerns

Salads Recalled For Listeria Concerns

The U. S. Food and Drug Administration has announced various recalls of salads and salad kits due to the potential to be contaminated with Listeria monocytogenes. The recall mainly was part of a broader lettuce recall by supplier Revolution Farms LLC, after the recalled product was epidemiologically linked with a multi-state outbreak of Listeriosis.
RTTNews | Před 693 dny
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Tuesday
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Asian Shares Rise In Cautious Trade

Asian Shares Rise In Cautious Trade

Asian stocks traded mostly higher on Tuesday as traders return to their desks after Easter holidays. Chinese shares were underperforming on concerns that tensions across the Taiwan Strait may devolve into any kind of conflict.
RTTNews | Před 694 dny

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