European Economic News Preview: UK Inflation Data Due

U.S. Annual Core Consumer Price Growth Unexpectedly Slows In December

While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more than expected in the month of December, the report also showed an unexpected slowdown by the annual rate of core consumer price growth.

RTTNews | Pred 5 h 4 min

Indonesia Unexpectedly Cuts Key Interest Rate To Boost Economic Growth

Indonesia's central bank unexpectedly lowered interest rates for the first time in five policy sessions, in a bid to boost the economic growth, citing the prospect of lower inflation this year and next.

RTTNews | Pred 5 h 34 min

New York Manufacturing Index Unexpectedly Turns Negative In January

New York manufacturing activity unexpectedly declined in the month of January, according to a report released by the Federal Reserve Bank of New York on Wednesday.

RTTNews | Pred 6 h 0 min

U.S. Consumer Prices Climb Slightly More Than Expected In December

Largely reflecting a surge by energy prices, the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased by slightly more than expected in the month of December.

RTTNews | Pred 6 h 7 min

Slowing Inflation Strengthens Calls For Bank Of England Rate Cuts

The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by the Bank of England this year. The consumer price index registered an annual increase of 2.5 percent in December, weaker than the 2.6 percent gain in November, the Office for National Statistics said on Wednesday. The rate was expected to remain unchanged at 2.6 perc

RTTNews | Pred 6 h 24 min

Bay Street Looks Headed For Positive Start

Canadian shares are likely to open higher on Wednesday, tracking positive cues from European markets and firm commodity prices. U.S. consumer price inflation data, due before the opening bell, is likely to make a significant impact on investor mood.

RTTNews | Pred 6 h 29 min

German Economy Stuck In Recession

The German economy shrank for the second straight year in 2024 as the euro area struggles with global headwinds and the political and structural problems on the domestic front. Gross domestic product contracted 0.2 percent in 2024 after a 0.3 percent decline in 2023, Destatis reported Wednesday.

RTTNews | Pred 8 h 4 min

U.S. Dollar Slides Against Majors

The U.S. dollar weakened against other major currencies in the European session on Wednesday.

RTTNews | Pred 8 h 9 min

EURUSD	1.03347	GBPUSD	1.22906	AUDUSD	0.62367
USDJPY	156.278	USDCAD	1.43229	USDCHF	0.91059