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Sensex, Nifty Fall Ahead Of Fed Decision; FMCG Stocks Buck Trend
Indian shares followed global peers lower on Wednesday, as investors awaited the U.S. Federal Reserve's much-anticipated interest-rate decision later in the day.
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European Shares Mixed Amid Geopolitical Tensions, Fed Jitters
European stocks traded mixed on Wednesday, as investors awaited a Federal Reserve rate decision and monitored increased political tensions with Russia.
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FTSE 100 Gains As Oil Prices Climb
U.K. stocks rose on Wednesday as rising oil prices helped lift energy stocks.
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CAC 40 Little Changed Ahead Of Fed Rate Decision
French stocks were little changed on Wednesday ahead of a slew of central bank meetings.
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DAX Edges Lower Ahead Of Fed Move
German stocks edged lower on Wednesday as investors monitored increased geopolitical tensions with Russia and braced for another hefty interest rate hike by the U.S. Federal Reserve.
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Asian Shares Decline As Putin Announces Partial Military Mobilization
Asian stocks closed lower on Wednesday after Russian President Vladimir Putin announced a partial military mobilization in the country, bringing geopolitical tensions to the forefront.
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Australian Dollar Drops Before Fed Decision
The Australian dollar fell against its most major counterparts in the Asian session on Wednesday, as investors awaited the Federal Reserve's policy meeting where a hefty rate hike is certain.
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more news
UK Budget Deficit Exceeds Estimate In August
The UK budget deficit exceeded the official estimate in August, despite a notable increase in tax revenue, as high inflation raised the debt servicing costs, data published by the Office for National Statistics revealed Wednesday. Public sector net borrowing excluding public sector banks declined to GBP 11.8 billion from GBP 14.4 billion last year.
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European Shares Poised For Cautious Start Ahead Of Fed Decision
European stocks are seen opening on a cautious note Wednesday as investors await the Fed's interest-rate decision, the accompanying statement and Chair Jerome Powell's press conference later in the day for clues as to whether the central bank remains primarily focused on inflation.
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European Economics Preview: UK Public Sector Finance Data Due
Public sector finance data from the UK is due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is slated to issue UK public sector finance data for August. The budget deficit is seen at GBP 8.2 billion versus GBP 4.18 billion in July.
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Sensex, Nifty Little Changed; FMCG And Auto Shares Surge
Indian shares were little changed in early trade on Wednesday despite weak cues from global markets.
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Asian Markets Mostly Lower Ahead Of Fed Rate Decision
Asian stock markets are mostly lower on Wednesday, following the negative cues from global markets overnight, ahead of the US Fed's interest rate decision as well as the anticipated hawkish accompanying statement by Fed Chair Jerome Powell later in the day. The Fed is widely expected to raise interest rates by another 75 basis points, although some see an outside chance for a 100-point rate hike.
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Sensex, Nifty Set To Drift Lower As Focus Shifts To Fed Policy
Indian shares may open lower on Wednesday, mirroring weak global cues as investors await the Fed's interest-rate decision and Chair Jerome Powell's press conference later in the day for directional cues.
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