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UK Job Placements Fall Further On Bleak Outlook, Labor Shortages
Permanent placements in the United Kingdom decreased further at the end of the year 2022, as hiring activity was dampened by the rising economic uncertainty, low candidate numbers along with the squeeze on clients budgets, results of the KPMG/REC Report on Jobs survey, compiled by S&P Global, showed Tuesday.
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European Shares Inch Lower Ahead Of Powell's Speech
European stocks slipped into the red on Tuesday after two Fed officials said the Federal Reserve would likely raise interest rates to above 5 percent and hold them there for some time in order to keep inflation under control.
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BoE Chief Economist Pill Sees Threat Of Persistent Inflation Easing
Bank of England Chief Economist Huw Pill said the slowdown in the UK economy together with the tight labor market conditions will put a lid on domestic inflationary pressures and weaken the risk of persistent inflation. But the extent to which an easing in the labor market induced by monetary tightening will weigh against inflationary pressures will depend on the wider context, he noted.
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FTSE 100 Edges Lower On Inflation Worries
U.K. stocks declined on Tuesday as commodities shed recent gains from China's reopening,
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Australian Dollar Drops On Hawkish Fed Remarks
The Australian dollar fell against its major counterparts on Tuesday, as comments from U.S. Fed officials indicated that the central bank will have to keep raising rates to somewhere above 5 percent.
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CAC 40 Declines On Profit Taking
French stocks fell on Tuesday, as investors booked some profits following recent gains on optimism surrounding China's reopening and expectations over a potential slowdown in U.S. interest rate hikes.
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DAX Dips Ahead Of Powell's Speech
German stocks were moving lower on Tuesday after two Federal Reserve officials said the fed funds rate will need to surpass 5 percent in order to get inflation under control.
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Asian Shares Mixed On Fed Comments, Recession Worries
Asian stocks ended on a mixed note Tuesday, with hawkish remarks from two Federal Reserve officials and fears of a coming recession weighing on markets.
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Tokyo Inflation Hits 4% First Time In 4 Decades; Japan Household Spending Unexpectedly Declines
Inflation in Japan's capital Tokyo hit 4 percent for the first time in four decades at the end of 2022, lifting speculation over a shift in the Bank of Japan's massive monetary easing stance. Separate data showed an unexpected fall in overall household spending in November, driven by rising consumer prices.
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Fisher-Price, Kids2 Again Recall Millions Of Sleepers As Infant Fatalities Continue
Millions of sleepers were recalled again by Fisher-Price, owned by Mattel Inc., and Kids2 as many infant fatalities are being reported even after the initial recall in April 2019. The U.S. Consumer Product Safety Commission noted that approximately 100 deaths have reportedly occurred so far while infants were in Fisher-Price's Rock 'n Play sleepers.
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European Economic News Preview: France Industrial Output Data Due
Industrial production data from France is the only major statistical report due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Sweden is scheduled to release GDP, household consumption and industrial output data.
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European Shares Set To Open Lower On Hawkish Fed Remarks
European stocks are likely to open lower on Tuesday as investors digest hawkish comments from Federal Reserve officials and look toward the release of U.S. consumer price inflation data on Thursday for more clarity on rate hikes.
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Sensex, Nifty Open Lower; Tata Motors Shares Up 6%
Indian shares opened lower on Tuesday on the back of mixed global cues and disappointing earnings from Tata Consultancy Services (TCS), the country's largest IT services company.
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Před 758 dny
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