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CAC 40 Rebounds As Bond Yields Drop

French stocks traded higher on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates.
RTTNews | 147 дней спустя
China Inflation Steady At 0.3%; PPI Continues To Fall

China Inflation Steady At 0.3%; PPI Continues To Fall

China's consumer prices logged a steady but meager growth and producer prices continued to fall in May, signalling that more stimulus measures are required to boost demand and consumption. The consumer price index posted an annual increase of 0.3 percent in May, the same pace as in April, the National Bureau of Statistics reported Wednesday. Prices were expected to rise 0.4 percent.
RTTNews | 147 дней спустя
Asian Shares Decline Ahead Of Fed Decision

Asian Shares Decline Ahead Of Fed Decision

Asian stocks drifted lower on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates.
RTTNews | 147 дней спустя
DOJ, FDA Form Federal Task Force Against Illegal E-cigarettes

DOJ, FDA Form Federal Task Force Against Illegal E-cigarettes

Amid the increasing nicotine addiction among American youth, the U.S. Department of Justice and the U.S. Food and Drug Administration have formed a federal multi-agency task force to combat the illegal distribution and sale of e-cigarettes. The FDA and the Justice Department is joined by multiple law enforcement partners to coordinate and streamline efforts to bring all available criminal...
RTTNews | 147 дней спустя
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Oracle Stock Up On Deals With OpenAI, Microsoft, Google Amid Strong AI Demand

Oracle Stock Up On Deals With OpenAI, Microsoft, Google Amid Strong AI Demand

Oracle Corp. shares gained over 9 percent in the extended trading on Tuesday on the NYSE after the tech major announced artificial intelligence or AI cloud infrastructure partnerships with Microsoft, ChatGPT maker OpenAI, and Alphabet's Google Cloud. While announcing fourth-quarter results, the company also said it expects continued strong AI demand throughout fiscal year 2025 to push Oracle sales
RTTNews | 148 дней спустя
European Economic News Preview: UK GDP Data Due

European Economic News Preview: UK GDP Data Due

Monthly GDP and foreign trade figures from the UK and final inflation from Germany are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK monthly GDP, industrial production and foreign trade data. Economists forecast gross domestic product to remain flat on month in April after rising 0.4 percent in March.
RTTNews | 148 дней спустя
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead to the key US inflation report and the latest US Fed interest rate decision later in the day. While the Fed is widely expected to leave interest rates unchanged, traders are likely to pay attention to the accompanying statement for cues on the outlook for rates.
RTTNews | 148 дней спустя

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