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UK House Prices To Continue Moderate Upward Trend: Halifax
UK house prices are expected to continue a moderate upward trend for the remainder of this year, the mortgage lender Halifax said Wednesday. House prices grew 0.8 percent on a monthly basis in July after staying flat over the previous three months. Year-on-year, house price growth accelerated to 2.3 percent in July compared to 1.9 percent rise in June. A similar faster growth was last seen in Ja
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European Shares Climb As BOJ Downplays Rate Hike Chances
European stocks climbed on Wednesday, tracking firm cues from Asian markets after Bank of Japan Deputy Governor Uchida Shinichi said the central bank won't raise interest rates when financial markets are volatile.
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Puma SE Cuts FY24 Earnings View After Weak Q2; Stock Down
Shares of Puma SE were losing more than 12 percent in the morning trading in Germany after the sportswear maker reported Wednesday lower profit in its second quarter amid nearly flat sales, while operating profit improved. The company further trimmed its fiscal 2024 earnings view citing external factors of higher freight costs, changing duties and continued muted consumer sentiment...
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FTSE 100 Gains On Economic Optimism
U.K. stocks edged higher on Wednesday after revised official data showed Britain's economy grew more strongly than previously thought in 2022.
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CAC 40 Rises On BOJ's Dovish Remarks
French stocks traded higher on Wednesday, tracking firm cues from Asian markets after Bank of Japan Deputy Governor Uchida Shinichi said the central bank won't raise interest rates when financial markets are volatile.
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DAX Gains With Industrial Production Data In Focus
German stocks advanced on Wednesday after data showed Germany's industrial production recovered in June.
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Asian Shares Advance On BOJ Comments
Asian stocks advanced on Wednesday after Bank of Japan Deputy Governor Uchida Shinichi said the central bank won't raise interest rates when financial markets are volatile.
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Yen Falls After BoJ's Uchida Says No Rate Hikes If Markets Are Volatile
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, after Bank of Japan Deputy Governor Shinichi Uchida said that the central bank won't raise the benchmark interest rate if financial markets are unstable.
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Commodity Currencies Rise Amid Risk Appetite
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday amid risk appetite, following the broadly positive cues from Wall Street overnight, as traders across most markets are picking up stocks at a bargain after the recent strong sell-off amid fears about the world's largest economy slipping into recession.
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Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Wednesday.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday.
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China's Exports Rise Less Than Forecast; Imports Rebound
China's exports grew less than expected at the start of the third quarter, while imports rebounded on domestic demand, official data showed Wednesday. Exports posted an annual growth of 7.0 percent in July, the customs data revealed. This was weaker than the forecast of 9.7 percent and followed an 8.6 percent expansion in June.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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