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Swiss Consumer Price Inflation Exceeds Expectations

Swiss Consumer Price Inflation Exceeds Expectations

After showing signs of slowdown, Switzerland's consumer price inflation accelerated again at the start of the year, largely reflecting higher food and energy prices, figures from the Federal Statistical Office showed on Monday. Consumer prices rose 3.3 percent on a yearly basis in January after the 2.8 percent increase in December. The rate also far exceeded economists' forecast of 2.9 percent.
RTTNews | 731天前
G1 Therapeutics To Discontinue Phase 3 PRESERVE 1 Trial

G1 Therapeutics To Discontinue Phase 3 PRESERVE 1 Trial

Oncology company G1 Therapeutics, Inc. (GTHX) announced Monday topline results from its pivotal Phase 3 PRESERVE 1 trial showing that the trial achieved its co-primary endpoints related to severe neutropenia with statistical significance.
RTTNews | 731天前
FTSE 100 Gains Ahead Of Inflation Data

FTSE 100 Gains Ahead Of Inflation Data

U.K. stocks were a tad higher on Monday as investors awaited the release of U.K. and U.S. inflation prints this week for directional cues.
RTTNews | 731天前
CAC 40 Edges Higher As Investors Await Key US Data

CAC 40 Edges Higher As Investors Await Key US Data

French stocks rose slightly on Monday as investors awaited a slew of U.S. data, including the all-important CPI report for January, due this week for further clarity on the rate outlook.
RTTNews | 731天前
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Asian Shares Decline On Inflation Fears; Dollar Gains

Asian Shares Decline On Inflation Fears; Dollar Gains

Asian stocks slipped into the red on Monday, the dollar hovered near one-month high, and yields edged up as investors awaited the release of U.S. consumer price data on Tuesday that would provide much clarity on the Federal Reserve's monetary policy trajectory.
RTTNews | 731天前
European Economic News Preview: Swiss Inflation Data Due

European Economic News Preview: Swiss Inflation Data Due

Consumer prices from Switzerland is the only major data due on Monday, headlining a light day for the European economic news. At 2.00 am ET, the Turkish Statistical Institute is set to release retail sales data for December. At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss consumer prices for January.
RTTNews | 731天前
Sensex, Nifty Open Lower In Cautious Trade; Metal Stocks Gain

Sensex, Nifty Open Lower In Cautious Trade; Metal Stocks Gain

Indian shares opened slightly lower on Monday, tracking weak global cues as investors looked ahead to the release of U.S. inflation, retail sales and industrial production data this week for additional clues on the rate outlook.
RTTNews | 731天前
Asian Markets Mostly Lower

Asian Markets Mostly Lower

Asian stock markets are trading mostly lower on Monday, following the mixed cues from Wall Street on Friday, reflecting lingering uncertainty about the outlook for interest rates ahead of this week's release of the closely watched US inflation data. Markets also reflected the reaction to the latest batch of corporate earnings news across markets. Asian markets closed mixed on Friday.
RTTNews | 731天前

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