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RBNZ Set To Hike Rates By 25 Bps In April & May

New Zealand's central bank is likely to spread out its interest rate hikes over the next few meetings amid softer than expected data, and rate cuts may be on the horizon before year-end, according to a Capital Economics economist. The Reserve Bank of New Zealand is set to raise rates by 75 basis points at the upcoming meeting on February 22, as policymakers signaled in November.
RTTNews | 729 дней спустя
Inflation Angst Seen Dragging European Benchmarks

Inflation Angst Seen Dragging European Benchmarks

Markets in Europe are expected to open on a weak note on Wednesday as investors weigh the less-than-expected drop in inflation in the U.S. and the fears of a potentially painful and prolonged recession. Hawkish comments from Fed and ECB officials could also weigh on market sentiment.
RTTNews | 729 дней спустя
European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer and producer prices 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 January. Consumer price inflation is forecast to ease to 10.3 percent from 10.5 percent in December.
RTTNews | 729 дней спустя
Shirakiku Brand Spice Seasoning Products Recalled

Shirakiku Brand Spice Seasoning Products Recalled

Santa Fe Springs, California-based Wismettac Asian Foods, Inc. is recalling Shirakiku brand Spice Seasoning products citing undeclared allergens due to incorrect packaging, the U.S. Food and Drug Administration said. The recall involves Spice Ichimi Togarashi 300g and Spice Shichimi Togarashi 300g. The product package of Ichimi spice seasoning contains Shichimi spice seasoning contents.
RTTNews | 729 дней спустя
FSIS Warns Against Raw, Ready-To-Cook Stuffed Chicken Products

FSIS Warns Against Raw, Ready-To-Cook Stuffed Chicken Products

The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert against Tampa Bay Fisheries Inc.'s raw, ready-to-cook chicken entrée products due to misbranding and undeclared allergens. There is concern that the stuffed chicken products may be missing labeling that includes the list of ingredients and cooking instructions.
RTTNews | 729 дней спустя
Asian Markets A Sea Of Red After US Inflation Data

Asian Markets A Sea Of Red After US Inflation Data

Asian stock markets are trading mostly in the red on Wednesday, following the mixed cues from Wall Street overnight, as traders digest the closely watched key U.S. inflation data, which accelerated in January but came in line with estimates, probably dashing hopes that the US Fed might further ease the pace of its interest rate hikes. Asian markets closed mostly higher on Tuesday.
RTTNews | 730 дней спустя
Thai Stock Market Expected To Remain Rangebound

Thai Stock Market Expected To Remain Rangebound

The Thai stock market headed south again on Tuesday, one day after halting the five-day losing streak in which it had dropped more than 25 points or 1.5 percent. The Stock Exchange of Thailand now rests just above the 1,650-point plateau and it's likely to remain in that neighborhood again on Wednesday.
RTTNews | 730 дней спустя
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Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower on Wednesday after opening in the green, giving up some of the gains in the previous session, with the Nikkei 225 falling below the 27,600 level, following the mixed cues from Wall Street overnight, as traders reacted to higher-than-expected US inflation reading, which supports a case for further interest rate hikes.
RTTNews | 730 дней спустя
Soft Start Seen For Indonesia Stock Market

Soft Start Seen For Indonesia Stock Market

The Indonesia stock market has moved higher in two straight sessions, gathering more than 60 points or 0.9 percent along the way. The Jakarta Composite Index now rests just above the 6,940-point plateau although it may run out of steam on Wednesday.
RTTNews | 730 дней спустя
Australian Market Significantly Lower

Australian Market Significantly Lower

The Australian stock market is significantly lower on Wednesday, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 7,400 levels, following the mixed cues from Wall Street overnight, dragged by tumbling financial stocks as traders reacted higher-than-expected US inflation reading, which supports a case for further interest rate hikes.
RTTNews | 730 дней спустя
Hong Kong Stock Market May Stop The Bleeding On Wednesday

Hong Kong Stock Market May Stop The Bleeding On Wednesday

The Hong Kong stock market has finished lower in three straight sessions, surrendering almost 510 points or 2.5 percent along the way. The Hang Seng Index now sits just above the 21,110-point plateau although it's due for support on Wednesday.
RTTNews | 730 дней спустя
Little Movement Seen For China Stock Market

Little Movement Seen For China Stock Market

The China stock market has finished higher in two straight sessions, collecting more than 30 points or 1 percent along the way. The Shanghai Composite Index now rests just above the 3,290-point plateau although it may spin its wheels on Wednesday.
RTTNews | 730 дней спустя
Tech Shares May Support Taiwan Stock Market

Tech Shares May Support Taiwan Stock Market

The Taiwan stock market on Tuesday wrote a finish to the three-day losing streak in which it had slipped more than 70 points or 0.5 percent. The Taiwan Stock Exchange now rests just above the 15,650-point plateau and it may tick higher again on Wednesday.
RTTNews | 730 дней спустя

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