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European Economic News Preview: UK Inflation Data Due

Consumer and producer prices from the UK and current account from the euro area 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 seen at 2.0 percent compared to 2.3 percent in April. Output prices are expected to climb 0.1 percent on month.
RTTNews | Před 139 dny
Sensex, Nifty Modestly Higher Led By Banks

Sensex, Nifty Modestly Higher Led By Banks

Indian shares were seeing modest gains on Wednesday as softer-than-expected U.S. retail sales data reinforced bets of imminent Federal Reserve rate cuts.
RTTNews | Před 139 dny
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders react to signs of escalating geopolitical tensions in Europe and the Middle East. The softer-than-expected U.S. retail sales data reinforced bets of imminent interest rate cuts by the US Fed. Asian markets closed mostly higher on Tuesday.
RTTNews | Před 139 dny
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is significantly higher on Wednesday, extending the gains in the previous session, despite following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,700 level, with gains across most sectors led by index heavyweights and financial stocks.
RTTNews | Před 140 dny
Australian Market Slightly Lower

Australian Market Slightly Lower

Australian shares are trading slightly lower on Wednesday after opening in the green, giving up some of the gains in the previous session, with the benchmark S&P/ASX 200 staying below the 7,800 level, despite the broadly positive cues from Wall Street overnight, with weakness in technology stocks partially offset by gains in mining and energy stocks amid spiking commodity prices.
RTTNews | Před 140 dny
BoJ Minutes On Tap For Wednesday

BoJ Minutes On Tap For Wednesday

The Bank of Japan will on Wednesday release the minutes from its monetary policy meeting on April 25-26, highlighting a busy day for Asia-Pacific economic activity.
RTTNews | Před 140 dny
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TSX Ends Marginally Up

TSX Ends Marginally Up

After posting losses in the previous three sessions, the Canadian market posted a marginal gain on Tuesday, as energy stocks climbed higher on firm crude oil prices. Slight optimism about an interest rate cut by the Federal Reserve later this year aided sentiment.
RTTNews | Před 140 dny
Dollar Tuns Weak After Retails Data

Dollar Tuns Weak After Retails Data

The U.S. dollar lost ground against most of its major counterparts on Tuesday, weighed down by data showing a smaller than expected increase in the retail sales in the month of May.
RTTNews | Před 140 dny
Gold Futures Settle Higher

Gold Futures Settle Higher

Gold futures settled higher on Tuesday, recovering well after exhibiting weakness in early New York session. Data showing weaker than expected U.S. retail sales data helped ease concerns about the outlook for Fed interest rates, and supported the yellow metal.
RTTNews | Před 140 dny
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

After a firm start and a subsequent fall into the red Tuesday morning, the Switzerland market recovered and stayed positive till the end of the session to finish modestly higher.
RTTNews | Před 140 dny
U.S. Dollar Weakens After Soft Retail Sales Data

U.S. Dollar Weakens After Soft Retail Sales Data

The U.S. dollar dropped against its major counterparts in the New York session on Tuesday, as the nation's retail sales increased less than expected in May, fuelling hopes of a rate cut this year.
RTTNews | Před 140 dny
European Stocks Close Broadly Higher

European Stocks Close Broadly Higher

European stocks closed higher on Tuesday, recovering from recent losses, as investors digested some corporate news and looked ahead to the next batch of economic data from the U.S. and Europe.
RTTNews | Před 140 dny

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