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Asian Shares End Lower As Investors Await Inflation Data
Asian stocks fluctuated before closing lower on Tuesday as investors remained focused on upcoming U.S. and European inflation data for additional clues on the path of interest rates.
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vor 172 Tagen
Crecelac And Farmalac Infant Formula Recalled
Prosper, Texas-based Dairy Manufacturers Inc. has recalled all lot codes for infant formulas available under Crecelac and Farmalac brands as they were sold in the U.S. without complying with the infant formula regulations of the U.S. Food and Drug Administration.
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vor 172 Tagen
Antipodean Currencies Rise Amid Risk Appetite
Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday amid risk appetite, following the broadly positive cues from the European markets overnight, as traders remain cautious ahead of key inflation readings from the U.S., Europe, Japan and Australia later in the week, which could help traders access the timing and pace of interest rate cuts this year.
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vor 172 Tagen
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session Tuesday.
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vor 172 Tagen
Australia Retail Sales Rise Less Than Expected
Australia's retail sales grew less than expected in April as consumers reduced their discretionary spending, flash data from the Australian Bureau of Statistics showed on Tuesday. Retail turnover edged up 0.1 percent on a monthly basis, reversing a 0.4 percent fall in March. But the pace of growth was weaker than economists' forecast of 0.3 percent increase.
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vor 172 Tagen
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday.
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vor 172 Tagen
European Economic News Preview: Germany Wholesale Price Data Due
Wholesale price data from Germany is the only major report due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for April. Economists forecast wholesale prices to rise 0.1 percent on month, in contrast to the 0.2 percent rise in March.
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vor 172 Tagen
more news
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
RTTNews
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vor 172 Tagen
European Shares Seen Higher At Open
European stocks are seen opening on a firm note Tuesday as investors await a swath of global inflation prints for direction.
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vor 172 Tagen
Sensex, Nifty Marginally Higher; Metal And Pharma Stocks Lead Gains
Indian shares were flat to slightly higher on Tuesday, with healthcare and metal stocks leading the surge.
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vor 172 Tagen
Asian Markets Mostly Higher Amid Cautious Trades
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from the European markets overnight, as traders remain cautious ahead of key inflation readings from the U.S., Europe, Japan and Australia later in the week, which could help traders access the timing and pace of interest rate cuts this year. Asian markets closed mostly higher on Monday.
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vor 172 Tagen
Japanese Market Modestly Lower
Giving up some of the gains in the previous session, the Japanese stock market is modestly lower on Tuesday, with the Nikkei 225 falling below the 38,800 level, despite the broadly positive cues from European markets overnight, with losses index heavyweights and technology stocks.
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vor 172 Tagen
Sensex, Nifty Seen Little Changed At Open
Indian shares are seen opening little changed on Tuesday as investors eagerly await the 2024 Lok Sabha election results scheduled to be announced on June 4.
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vor 172 Tagen
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