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UK GDP Growth Masks Recession Ahead Of BoE Rate Hike

The UK economy rebounded at a faster-than-expected pace in October with a strong contribution from the services activity, though economists and observers said the monthly figures mask the underlying recession. Later this week, the Bank of England is widely expected to shift the gear down on interest rate hikes.
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Will U.S. CPI Weaken Fed's Resolve To Slow Rate Hikes?

Will U.S. CPI Weaken Fed's Resolve To Slow Rate Hikes?

Ever since the Fed Chair Jerome Powell announced on November 30, a commitment to moderate interest rate increases, markets have been jolted by a series of data releases that threatened to jeopardize the Fed's intentions. Will the U.S. CPI data due on Tuesday be the next to weaken the Fed's resolve?
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European Shares Retreat On China Concerns

European Shares Retreat On China Concerns

European stocks fell in cautious trade on Monday, as investors avoided making big bets ahead of key U.S. inflation data as well as a trio of central bank meetings due this week.
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FTSE 100 Dips On China Concerns

FTSE 100 Dips On China Concerns

U.K. stocks fell on Monday as investors weighed positive GDP data against worries that rising COVID cases in China might disrupt consumption and manufacturing.
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CAC 40 Slips Into Red On China COVID Concerns

CAC 40 Slips Into Red On China COVID Concerns

French stocks fell in cautious trade on Monday, as investors avoided making big bets ahead of key U.S. inflation data as well as a trio of central bank meetings due this week.
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DAX Dips As Investors Look To Central Bank Meetings

DAX Dips As Investors Look To Central Bank Meetings

German stocks fell notably on Monday as investors awaited key U.S. consumer inflation data as well as the outcome of the last U.S. Federal Reserve meeting of 2022 this week for additional clues on the pace of rate rises.
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Asian Shares Decline On Fed, China COVID Worries

Asian Shares Decline On Fed, China COVID Worries

Asian stocks declined on Monday as data on U.S. producer prices sent mixed signals on inflation and China faced a surge in virus 19 cases after partially easing aspects of its so-called zero-COVID policy.
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European Economic News Preview: UK GDP & Foreign Trade Data Due

European Economic News Preview: UK GDP & Foreign Trade Data Due

GDP monthly estimates and foreign trade figures are the top economic news due on Monday, headlining a light day for the European economic news. At 1.00 am ET, Finland's current account data is due for October. At 2.00 am ET, the Office for National Statistics publishes UK monthly GDP, industrial production and foreign trade data. The economy is forecast to grow 0.4 percent on a monthly basis.
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Sensex, Nifty Open Lower On Weak Global Cues

Sensex, Nifty Open Lower On Weak Global Cues

Indian shares opened lower on Monday amid weak global cues and ahead of industrial production and retail inflation readings due later in the day.
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Sensex, Nifty Set To Follow Global Peers Lower

Sensex, Nifty Set To Follow Global Peers Lower

Indian shares are seen opening a tad lower on Monday, with CPI inflation data for November due later in the day, movements in bond markets and the direction of rupee likely to be in focus.
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Asian Shares Follow Wall Street Lower Amid Fed Uncertainty

Asian Shares Follow Wall Street Lower Amid Fed Uncertainty

Asian stocks followed Wall Street lower on Monday after a measure of U.S. consumer sentiment exceeded expectations in December and producer price data for November indicated that inflation is stickier than most assume, complicating the Fed's task to slow the pace of its rapid interest-rate hikes.
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