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CAC 40 Gains As Inflation Slows

CAC 40 Gains As Inflation Slows

French stocks advanced on Wednesday as data showed inflation in the country unexpectedly slowed in December from a record high in the previous month.
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Asian Shares Rise On China Recovery Hopes

Asian Shares Rise On China Recovery Hopes

Asian stocks rose broadly on Wednesday and the dollar eased after reports emerged that the wave of COVID infections sweeping across China may already have peaked in some of the country's largest cities.
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Twitter To Relax Ad Policy To Allow Political, Cause-based Ads

Twitter To Relax Ad Policy To Allow Political, Cause-based Ads

Twitter is relaxing ads policy to allow political as well as cause-based advertising in the United States. The changes come as Elon Musk is looking for more ways to cut costs and boost revenue as the social media platform, following its acquisition by the billionaire, is struggling to keep going.
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European Shares Poised For Firm Start

European Shares Poised For Firm Start

European stocks are likely to open on a firm note Wednesday, even as a cautious undertone may prevail amid lingering worries over the Russia-Ukraine conflict and uncertainty over the Fed's rate hike path.
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European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Final composite Purchasing Managers' survey results from the euro area and other major Eurozone economies are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's import prices for November. Economists expect import price inflation to ease to 18.0 percent from 23.5 percent in October.
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Sensex, Nifty Open Tad Lower As Metal Stocks Drag

Sensex, Nifty Open Tad Lower As Metal Stocks Drag

Indian shares opened a tad lower on Wednesday, as investors awaited a slew of U.S. data and the latest FOMC meeting minutes this week for additional clues on when and where interest rates might peak.
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Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, amid firm bullion prices and positive cues from European markets. The signs that COVID infections may have peaked in some big Chinese cities is also aiding market sentiment as trader are hopeful of a swift post-COVID era recovery in China.
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Thai Stock Market Overdue For Consolidation

Thai Stock Market Overdue For Consolidation

The Thai stock market has climbed higher in nine straight sessions, advancing almost 80 points or 5 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,680-point plateau although investors are likely to cash in on Wednesday.
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Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is sharply lower on Wednesday, giving up the slight gains in the previous session, with the Nikkei 225 falling below the 25,800 level, following the broadly negative cues from Wall Street overnight, with traders remaining concerned about interest rate hikes and recessionary fears even as they returned from a extended-new year weekend.
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