Forex News
FTSE 100 Modestly Higher On Fed Rate Cut Hopes
U.K. stocks were seeing modest gains on Wednesday amid hopes that the U.S. Federal Reserve is on track to start cutting interest rates later this year.
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186 days ago
CAC 40 Marginally Higher After Inflation Data
French stocks were marginally higher in cautious trade on Wednesday after Federal Reserve chairman Jerome Powell said on Tuesday that the central bank is unlikely to raise its key interest rate to tackle elevated inflation.
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186 days ago
DAX Climbs On Earnings
German stocks traded higher on Wednesday as investors cheered mostly positive earnings results and awaited key U.S. CPI data later in the day for additional clues on the Fed's rate trajectory.
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186 days ago
Asian Shares Mixed In Thin Holiday Trade
Asian stocks ended mixed on Wednesday, with Hong Kong and South Korean markets closed for Buddha's birthday.
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186 days ago
U.S. Dollar Falls, U.S. Inflation Report In Focus
The U.S. dollar weakened against other major currencies in the Asian session on Wednesday, as traders await the release of key U.S. CPI data along with other reports on U.S. retail sales and homebuilder confidence which is likely to influence the U.S. Federal Reserve's near-term policy path.
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186 days ago
China Keeps Lending Rate Unchanged As Expected
China's central bank left its medium-term lending facility rate unchanged on Wednesday as policymakers focus more on the currency stabilization. The People's Bank of China conducted the CNY 125 billion of one-year MLF facility. The rate on the MLF was retained at 2.5 percent. The MLF usually acts as a guide to the loan prime rate fixing.
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186 days ago
European Economic News Preview: Eurozone GDP Data Due
Flash GDP estimate from the euro area is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.45 am ET, France's statistical office INSEE is set to publish final inflation figures for April. Consumer price inflation is seen at 2.2 percent, unchanged from the flash estimate.
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186 days ago
more news
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews
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186 days ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
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187 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
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187 days ago
European Shares Seen Higher At Open
European stocks may open on a positive note Wednesday, with trading later in the day likely to be influenced by the release of key U.S. CPI data along with other reports on U.S. retail sales and homebuilder confidence.
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187 days ago
Sensex, Nifty Marginally Higher In Early Trade
Indian shares were marginally higher on Wednesday as investors reacted to data showing an unexpected increase in U.S. producer prices and waited for the release of U.S. CPI report later in the day for clues on the Federal Reserve's next steps.
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187 days ago
Asian Markets Trade Mixed Ahead Of CPI Data
Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders react to data showing producer prices in the U.S. increased by more than expected in the month of April, while they cautiously await the release of key consumer price inflation data later in the day. Asian markets closed mixed on Tuesday.
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187 days ago
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