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DAX Edges Lower Ahead Of Fed Move

DAX Edges Lower Ahead Of Fed Move

German stocks edged lower on Wednesday as investors monitored increased geopolitical tensions with Russia and braced for another hefty interest rate hike by the U.S. Federal Reserve.
RTTNews | vor 949 Tagen
Australian Dollar Drops Before Fed Decision

Australian Dollar Drops Before Fed Decision

The Australian dollar fell against its most major counterparts in the Asian session on Wednesday, as investors awaited the Federal Reserve's policy meeting where a hefty rate hike is certain.
RTTNews | vor 949 Tagen
UK Budget Deficit Exceeds Estimate In August

UK Budget Deficit Exceeds Estimate In August

The UK budget deficit exceeded the official estimate in August, despite a notable increase in tax revenue, as high inflation raised the debt servicing costs, data published by the Office for National Statistics revealed Wednesday. Public sector net borrowing excluding public sector banks declined to GBP 11.8 billion from GBP 14.4 billion last year.
RTTNews | vor 949 Tagen
European Shares Poised For Cautious Start Ahead Of Fed Decision

European Shares Poised For Cautious Start Ahead Of Fed Decision

European stocks are seen opening on a cautious note Wednesday as investors await the Fed's interest-rate decision, the accompanying statement and Chair Jerome Powell's press conference later in the day for clues as to whether the central bank remains primarily focused on inflation.
RTTNews | vor 949 Tagen
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European Economics Preview: UK Public Sector Finance Data Due

European Economics Preview: UK Public Sector Finance Data Due

Public sector finance data from the UK is due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is slated to issue UK public sector finance data for August. The budget deficit is seen at GBP 8.2 billion versus GBP 4.18 billion in July.
RTTNews | vor 949 Tagen
Asian Markets Mostly Lower Ahead Of Fed Rate Decision

Asian Markets Mostly Lower Ahead Of Fed Rate Decision

Asian stock markets are mostly lower on Wednesday, following the negative cues from global markets overnight, ahead of the US Fed's interest rate decision as well as the anticipated hawkish accompanying statement by Fed Chair Jerome Powell later in the day. The Fed is widely expected to raise interest rates by another 75 basis points, although some see an outside chance for a 100-point rate hike.
RTTNews | vor 950 Tagen
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has tracked higher in back-to-back sessions, gathering almost 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,640-point plateau although it may run out of steam on Wednesday.
RTTNews | vor 950 Tagen
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is sharply lower on Wednesday, giving up all the gains in the previous session, with the Nikkei 225 falling below the 27,400 level, following the broadly negative cues from global markets overnight, with traders cautiously awaiting the US Fed's rate decision and anticipated hawkish comments from Fed Chair Jerome Powell later in the day.
RTTNews | vor 950 Tagen

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