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CAC 40 Rallies Led By Banks

CAC 40 Rallies Led By Banks

French stocks rallied on Wednesday after it emerged that the European Central Bank will hold an unscheduled meeting later today to discuss the recent volatility in government bond markets.
RTTNews | vor 934 Tagen
DAX Rallies Ahead Of Unscheduled ECB Meeting

DAX Rallies Ahead Of Unscheduled ECB Meeting

German stocks climbed on Wednesday, with banks leading the surge, on news that the European Central Bank's policy-setting Governing Council will hold a rare, unscheduled meeting later today to discuss the recent volatility in government bond markets.
RTTNews | vor 934 Tagen
Asian Shares Mixed After Solid China Data

Asian Shares Mixed After Solid China Data

Asian stocks ended Wednesday's session on a mixed note as investors awaited the Federal Reserve's interest-rate decision later in the day for clues on how aggressive the U.S. central bank intends to be in the coming months.
RTTNews | vor 934 Tagen
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European Economics Preview: Eurozone Industrial Output Data Due

European Economics Preview: Eurozone Industrial Output Data Due

Industrial production from euro area and revised consumer price data from France are the major statistical reports due on Wednesday. At 2.00 am ET, the Swiss State Secretariat for Economic Affairs is set to release Summer economic forecast. In the meantime, Statistics Norway publishes foreign trade data for May.
RTTNews | vor 934 Tagen
China Industrial Output Recovers; Retail Sales Fall Less Than Expected

China Industrial Output Recovers; Retail Sales Fall Less Than Expected

China industrial production logged a mild recovery in May and retail sales fell less than expected with the gradual relaxation of pandemic-related restrictions, official data showed on Wednesday. According to the National Bureau of Statistics, industrial production rose 0.7 percent on a yearly basis in May, reversing the 2.9 percent fall in April. Production was forecast to drop 0.7 percent.
RTTNews | vor 934 Tagen
Sensex, Nifty Drift Lower As Investors Eye Fed Meet

Sensex, Nifty Drift Lower As Investors Eye Fed Meet

Indian shares slipped into the red in cautious trade on Wednesday ahead of a Federal Reserve meeting later in the day that's expected to deliver a hefty interest-rate hike to fight inflation.
RTTNews | vor 935 Tagen
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the mostly negative cues overnight from global markets, with investors largely making cautious moves ahead of the U.S. interest rate decision later in the day. The Fed is expected to hike interest rates by 50 basis points, although forecasts are suggesting a 75-bp increase. Asian Markets closed mostly lower on Tuesday.
RTTNews | vor 935 Tagen

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