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FTSE 100 Slips After Inflation Data
U.K. stocks traded lower on Wednesday after U.K. inflation came in unchanged at the official target in June, but the stability of services inflation reduced chances of a rate cut in August.
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vor 105 Tagen
ADB Raises Developing Asia's Growth Outlook
The Asian Development Bank raised developing Asia's economic growth outlook for this year as strong export growth and domestic demand boosted activity in the first quarter. In the Asian Development Outlook report released Wednesday, the ADB said the region will grow 5.0 percent in 2024, which was slightly better than the previous projection of 4.9 percent. The outlook for 2025 was maintained at 4
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vor 105 Tagen
CAC 40 Extends Losses On Worries About Trade Tensions
French stocks fell on Wednesday to extend losses from the previous session as fears over Trump's presidency overshadowed the prospect of U.S. interest-rate cuts in 2024.
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vor 105 Tagen
DAX Extends Losses As Investors Weigh Trump Win
German stocks edged lower on Wednesday as Donald Trump's pick of Senator JD Vance as his running mate hardened the Republican party's shift toward trade protectionism.
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vor 105 Tagen
Asian Shares Mixed After Trump's Comments On Taiwan
Asian stocks ended mixed on Wednesday while the dollar edged up as Donald Trump's election odds rose and the U.S. Republican presidential candidate said that Taiwan should pay the U.S. for supplying the island with defense equipment.
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vor 105 Tagen
UK Inflation Steady At 2.0%
UK inflation remained unchanged at the official target in June but the stability of services inflation reduced chances of a rate cut in August. The consumer price index grew 2.0 percent on a yearly basis, the same pace of growth as seen in May, the Office for National Statistics said Wednesday. Headline inflation was expected to ease to 1.9 percent.
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vor 105 Tagen
European Shares Poised For Higher Open
European stocks may open on a positive note Wednesday, tracking a widespread rally on Wall Street overnight.
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vor 105 Tagen
more news
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices from the UK and final inflation from the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for June. Output prices are expected to grow 1.8 percent on year after rising 1.7 percent in the previous month.
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vor 105 Tagen
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic about the outlook for interest rates after US Fed Chair Jerome Powell said on Monday that the three inflation readings over the second quarter of this year showed "more progress." Asian markets closed mixed on Tuesday.
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vor 105 Tagen
Indian Markets Closed For Muharram
Indian stock markets remain closed today on account of the Muharram festival.
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vor 105 Tagen
Thai Shares May Snap Losing Streak
The Thai stock market has moved lower in consecutive trading days, slumping more than 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now rests just above the 1,320-point plateau although it may stop the bleeding on Wednesday.
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vor 105 Tagen
Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Wednesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 41,300 level, with gains in exporters, automakers and financial stocks.
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vor 105 Tagen
Higher Open Predicted For Indonesia Stock Market
The Indonesia stock market has finished lower in consecutive trading days, stumbling more than 100 points or 1.4 percent along the way. The Jakarta Composite Index now sits just beneath the 7,225-point plateau although it's poised to open to the upside on Wednesday.
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vor 105 Tagen
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