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UK Inflation Strongest Since 1982
UK consumer price inflation rose further in May at the fastest pace in 40 years on rising energy and food prices, deepening the cost of living crisis. Consumer price inflation rose to 9.1 percent in May, in line with expectations, from 9.0 percent in April, data from the Office for National Statistics revealed on Wednesday.
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Před 1030 dny
Pound Drops Following U.K. CPI, PPI
At 2.00 am ET Wednesday, the Office for National Statistics has published UK consumer and producer prices for May. The pound declined against its major counterparts after the data.
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Před 1030 dny
Pound Mixed Ahead Of U.K. CPI, PPI
At 2.00 am ET Wednesday, the Office for National Statistics releases UK consumer and producer prices for May. Consumer price inflation is forecast to rise to 9.1 percent in May from 9.0 percent in April. Factory gate inflation is seen at 14.7 percent versus 14.0 percent in April.
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Před 1030 dny
Australia Leading Index Growth Slows In May
Australia's leading index growth slowed in May largely due to the deterioration in consumer sentiment, data released by Westpac showed on Wednesday. Nonetheless, the index signaled above trend growth for this year. The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index, fell to 0.58 percent in May from 1.09 percent in April.
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Před 1030 dny
European Shares Set To Resume Downward Trend
European stocks look set to resume downward trend on Wednesday amid lingering concerns that higher interest rates could lead to a recession.
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Před 1030 dny
European Economics Preview: UK Inflation Data Due
Consumer and producer price figures from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for May. Consumer price inflation is forecast to rise to 9.1 percent in May from 9.0 percent in April. Factory gate inflation is seen at 14.7 percent versus 14.0 percent in April.
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Před 1030 dny
Sensex, Nifty Decline Ahead Of Powell's Testimony
Indian shares opened lower on Wednesday, tracking weak Asian markets and a decline in U.S. stock futures as investors awaited a key testimony by Fed Chair Jerome Powell due later in the day.
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Před 1030 dny
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Asian Markets Mostly Lower In Cautious Trade
Asian stock markets are trading mostly lower on Wednesday, despite the broadly positive cues overnight from global markets, as traders remain cautious ahead of the US Fed Chair Jerome Powell's key testimony before the Congress later in the day. However, traders continue to pick up stocks at reduced levels following recent weakness in the markets. Asian Markets closed mostly higher on Tuesday.
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Před 1030 dny
Sensex, Nifty Seen Opening Lower After Strong Rally
Indian shares look set to open a tad lower on Wednesday following the previous session's strong rally.
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Před 1030 dny
Thai Stock Market May Test Resistance At 1,600 Points On Wednesday
The Thai stock market on Tuesday snapped the four-day losing streak in which it had slumped more than 40 points or 2.7 percent. The Stock Exchange of Thailand now sits just beneath the 1,575-point plateau and it's expected to see additional support on Wednesday.
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Před 1030 dny
Japanese Market Slightly Higher
The Japanese stock market is slightly higher in choppy trading on Wednesday, extending the gains in the previous session, with the Nikkei 225 staying above the 26,200 level, following the broadly positive cues from global markets overnight, as traders continue to pick up stocks at a bargain after the sell-off last week. Meanwhile, the weaker yen continued to impact the broader economy.
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Před 1030 dny
Win Streak May Continue For Indonesia Stock Market
The Indonesia stock market has finished higher in two straight sessions, gathering almost 110 points or 1.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,050-point plateau and it's expected to open higher again on Wednesday.
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Před 1030 dny
Australian Market Modestly Higher
The Australian stock market is modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 6,500 level, following the mostly positive cues overnight from global markets, as traders continue to pick up stocks at a bargain after the sell-off last week. Materials and energy stocks rebounded.
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Před 1030 dny
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