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CAC 40 Slides On Interest-rate Worries
French stocks lost ground on Wednesday as inflation and interest-rate worries returned to haunt investors.
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915 일 전
DAX Tumbles On Inflation Worries
German stocks tumbled on Wednesday as inflation concerns returned to the fore ahead of Federal Reserve Chair Jerome Powell's testimony to Congress later in the day.
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915 일 전
Asian Shares Retreat Ahead Of Powell's Testimony
Asian stocks fell broadly on Wednesday despite a jump in U.S. equities overnight. Inflation and interest-rate concerns took center stage ahead of congressional testimony by Federal Reserve Chair Jerome Powell.
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915 일 전
Australian, NZ Dollars Weaken Amid Rising Risk Aversion
The Australian and NZ dollars fell against their major counterparts in the Asian session on Wednesday, as risk sentiment dampened on fears about a recession in the wake of aggressive rate hikes by the Federal Reserve to tame inflation.
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915 일 전
UK Inflation Strongest Since 1982
UK consumer price inflation rose further in May at the fastest pace in 40 years on rising energy and food prices, deepening the cost of living crisis. Consumer price inflation rose to 9.1 percent in May, in line with expectations, from 9.0 percent in April, data from the Office for National Statistics revealed on Wednesday.
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915 일 전
Pound Drops Following U.K. CPI, PPI
At 2.00 am ET Wednesday, the Office for National Statistics has published UK consumer and producer prices for May. The pound declined against its major counterparts after the data.
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915 일 전
Pound Mixed Ahead Of U.K. CPI, PPI
At 2.00 am ET Wednesday, the Office for National Statistics releases UK consumer and producer prices for May. Consumer price inflation is forecast to rise to 9.1 percent in May from 9.0 percent in April. Factory gate inflation is seen at 14.7 percent versus 14.0 percent in April.
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915 일 전
more news
Australia Leading Index Growth Slows In May
Australia's leading index growth slowed in May largely due to the deterioration in consumer sentiment, data released by Westpac showed on Wednesday. Nonetheless, the index signaled above trend growth for this year. The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index, fell to 0.58 percent in May from 1.09 percent in April.
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915 일 전
European Shares Set To Resume Downward Trend
European stocks look set to resume downward trend on Wednesday amid lingering concerns that higher interest rates could lead to a recession.
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915 일 전
European Economics Preview: UK Inflation Data Due
Consumer and producer price figures from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for May. Consumer price inflation is forecast to rise to 9.1 percent in May from 9.0 percent in April. Factory gate inflation is seen at 14.7 percent versus 14.0 percent in April.
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915 일 전
Sensex, Nifty Decline Ahead Of Powell's Testimony
Indian shares opened lower on Wednesday, tracking weak Asian markets and a decline in U.S. stock futures as investors awaited a key testimony by Fed Chair Jerome Powell due later in the day.
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915 일 전
Asian Markets Mostly Lower In Cautious Trade
Asian stock markets are trading mostly lower on Wednesday, despite the broadly positive cues overnight from global markets, as traders remain cautious ahead of the US Fed Chair Jerome Powell's key testimony before the Congress later in the day. However, traders continue to pick up stocks at reduced levels following recent weakness in the markets. Asian Markets closed mostly higher on Tuesday.
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916 일 전
Sensex, Nifty Seen Opening Lower After Strong Rally
Indian shares look set to open a tad lower on Wednesday following the previous session's strong rally.
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916 일 전
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