Forex News
European Shares Rise On China Optimism
European stocks opened higher on Wednesday, as optimism surrounding China's reopening offset lingering worries about slowing global growth and interest rates staying high for a longer period.
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757 days ago
Asian Shares Mixed As Investors Await US Inflation Data
Asian stocks ended mixed on Wednesday as caution crept in ahead of the release of U.S. consumer price inflation data on Thursday, expected to show further softening.
The Aussie dollar resumed its upward journey after data showed inflation in the country accelerated in November on higher housing and food prices and retail sales rose to record levels.
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757 days ago
European Economics Preview: Italy Retail Sales Data Due
Retail sales from Italy and industrial production from Spain are the top economic news due on Wednesday, headlining a very light day for the European economic news. At 3.00 am ET, Spain's INE releases industrial production for November. Production had increased 2.5 percent annually in October.
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757 days ago
Australia Inflation Rebounds; Retail Sales Rise Most In 10 Months
Australia's inflation accelerated in November on higher housing and food prices and retail sales posted its biggest growth in ten months, official data revealed Wednesday. The monthly consumer price index indicator advanced to 7.3 percent in November from 6.9 percent in October.
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757 days ago
European Shares Seen Slightly Higher In Cautious Trade
European stocks look set to open on a positive note Wednesday despite lingering growth worries and uncertainty about how much longer the Fed will remain hawkish.
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757 days ago
Sensex, Nifty Open Lower In Cautious Trade; Metal And IT Stocks Buck Trend
Indian shares were a tad lower in early trade on Wednesday, as the World Bank slashed its global growth forecasts and investors awaited U.S. inflation data due on Thursday for clues to the economic and rate outlook.
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757 days ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, as optimism surrounding China's reopening helped offset concerns about interest rates. US Fed Chair Jerome Powell refrained from commenting on monetary policy at a symposium. Asian Markets closed mixed on Tuesday.
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757 days ago
more news
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Wednesday, extending the gains in the previous three sessions, with the Nikkei 225 moving above the 26,400 level, following the broadly positive cues from Wall Street overnight, aided by gains in exporters, technology and financial stocks.
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757 days ago
Sensex, Nifty Poised For Steady Start Despite Global Growth Worries
Indian shares look set to open higher on Wednesday despite mixed global cues and fears of earnings downgrades. Auto stocks may see significant activity as the Auto Expo 2023 begins later today.
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757 days ago
Australian Market Significantly Higher
The Australian stock market is trading significantly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving to just below the 7,200 level, following the broadly positive cues from Wall Street overnight, aided by gains in mining and energy sectors amid firmer commodity prices.
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757 days ago
TSX Ends Higher For 3rd Straight Day
After a flat start and a subsequent marginal uptick, the Canadian market slipped into negative territory Tuesday morning, despite staying weak till about the final hour, ended the session on the positive side thanks to some selective buying interest.
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757 days ago
Dollar Stays Firm On Rate Hike Bets
The U.S. dollar stayed positive against most of its major counterparts on Tuesday, riding on hawkish comments from some Fed officials.
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757 days ago
Australia Retail Sales Data Due On Wednesday
Australia will on Wednesday release November numbers for retail sales, highlighting a modest day for Asia-Pacific economic activity. Retail sales are expected to rise 0.6 percent on month after slipping 0.2 percent in October.
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757 days ago
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