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DAX Slips In Lackluster Trade

DAX Slips In Lackluster Trade

German stocks slipped into the red on Wednesday after several Federal Reserve officials urged patience on interest-rate cuts.
RTTNews | vor 139 Tagen
Asian Shares Mixed On Hawkish Fed Comments

Asian Shares Mixed On Hawkish Fed Comments

Asian stocks ended mixed on Wednesday as investors reacted to cautious Fed comments, a weaker-than-expected U.S. retail sales report and signs of escalating tensions in Europe and the Middle East.
RTTNews | vor 139 Tagen
Pound Rises As U.K. Inflation Eases To 2% Target

Pound Rises As U.K. Inflation Eases To 2% Target

The British pound strengthened against other major currencies in the European session on Wednesday, after U.K. consumer price inflation eased to the 2 percent target for the first time in nearly three years.
RTTNews | vor 139 Tagen
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Wednesday.
RTTNews | vor 139 Tagen
UK Inflation Eases To 2% Target

UK Inflation Eases To 2% Target

UK consumer price inflation hit the 2 percent target in May, data from the Office for National Statistics showed on Wednesday. Consumer price inflation softened to 2.0 percent in May, as expected, from 2.3 percent in April. The central bank targets to keep inflation at 2 percent.
RTTNews | vor 139 Tagen
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Japan Exports Rise Most Since Late 2022

Japan Exports Rise Most Since Late 2022

Underpinned by weaker yen, Japan's exports grew at the fastest pace since 2022 in May despite the fall in sales volume, official data revealed on Wednesday. Exports advanced 13.5 percent on a yearly basis after rising 8.3 percent in April, the Ministry of Finance said. This was the fastest expansion since late 2022 and marked the sixth consecutive rise.
RTTNews | vor 139 Tagen
European Economic News Preview: UK Inflation Data Due

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 | vor 140 Tagen
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 | vor 140 Tagen
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 | vor 140 Tagen

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