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China Inflation Weakest Since Late 2021; Producer Price Deflation Worsens
China's consumer prices grew at the slowest pace since September 2021 and producer prices declined the most in 33 months in March, providing some space for monetary policy maneuver. Consumer prices gained 0.7 percent on a yearly basis in March, following an increase of 1.0 percent in February, the National Bureau of Statistics said Tuesday. Inflation was forecast to remain at 1.0 percent.
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Pred 693 dňami
Asian Shares Advance On China Stimulus Hopes
Asian stocks closed mostly higher on Tuesday despite uncertainty over the future trajectory of the Federal Reserve's rate hikes and growing risks of a U.S. recession.
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Australian Dollar Rises On Upbeat Economic Data
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the release of data showing that the nation's consumer sentiment increased in April.
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European Economic News Preview: Eurozone Retail Sales Data Due
Retail sales and investor confidence reports from the euro area are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway is scheduled to issue consumer and producer prices for March. Inflation is forecast to ease to 6.1 percent from 6.3 percent in February.
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Salads Recalled For Listeria Concerns
The U. S. Food and Drug Administration has announced various recalls of salads and salad kits due to the potential to be contaminated with Listeria monocytogenes. The recall mainly was part of a broader lettuce recall by supplier Revolution Farms LLC, after the recalled product was epidemiologically linked with a multi-state outbreak of Listeriosis.
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European Shares Seen Opening Up In Cautious Trade
European stocks are seen opening higher on Tuesday as trading resumes after a long holiday weekend.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Tuesday
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more news
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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Pred 693 dňami
Sensex, Nifty Open Higher On Firm Global Cues; Banks Surge
Indian shares opened higher on Tuesday, mirroring positive global cues.
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Sensex, Nifty Seen Tad Higher At Open
Indian shares are seen opening higher on Tuesday, tracking firm global cues.
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Pred 694 dňami
Asian Shares Rise In Cautious Trade
Asian stocks traded mostly higher on Tuesday as traders return to their desks after Easter holidays. Chinese shares were underperforming on concerns that tensions across the Taiwan Strait may devolve into any kind of conflict.
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Pred 694 dňami
U.S. Dollar Extending Upward Move Following Monthly Jobs Data
Extending the upward move seen during light holiday trading last Friday, the value of the U.S. dollar has moved to the upside during trading on Monday.
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Pred 694 dňami
U.S. Dollar Regains Momentum Amid Growing Fed Rate Hike Expectations
The U.S. dollar regained strength during the European session on Monday, as Friday's jobs data boosted chances of a 25 basis-point rate hike by the Federal Reserve in May.
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Pred 694 dňami
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