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DAX Rises Amidst U.K.'s Inflation Surprise
The DAX benchmark of the Frankfurt bourse moved higher on Wednesday amidst relief following the more-than-expected dip in inflation in the U.K.
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Před 821 dny
Indonesia Trade Surplus Grows On Exports Surge
Indonesia's trade surplus increased markedly at the start of the year, as exports grew more rapidly than imports, figures from Statistics Indonesia showed on Wednesday. The trade surplus rose to $3.87 billion in January from $0.96 billion in the same month last year. Exports logged a double-digit annual growth of 16.37 percent yearly in January.
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Před 821 dny
Asian Stocks Decline As U.S. CPI Renews Fed Fears
Asian markets lost further on Wednesday as markets weighed the risk of sticky inflation on central banks' monetary policy and the likelihood of economic recession, following the release of the latest CPI numbers from the U.S. Data from the U.S. on Tuesday had shown that inflation cooled in January, but less than what markets had expected.
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Před 821 dny
RBNZ Set To Hike Rates By 25 Bps In April & May
New Zealand's central bank is likely to spread out its interest rate hikes over the next few meetings amid softer than expected data, and rate cuts may be on the horizon before year-end, according to a Capital Economics economist. The Reserve Bank of New Zealand is set to raise rates by 75 basis points at the upcoming meeting on February 22, as policymakers signaled in November.
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Před 821 dny
Inflation Angst Seen Dragging European Benchmarks
Markets in Europe are expected to open on a weak note on Wednesday as investors weigh the less-than-expected drop in inflation in the U.S. and the fears of a potentially painful and prolonged recession. Hawkish comments from Fed and ECB officials could also weigh on market sentiment.
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Před 821 dny
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for January. Consumer price inflation is forecast to ease to 10.3 percent from 10.5 percent in December.
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Před 821 dny
Shirakiku Brand Spice Seasoning Products Recalled
Santa Fe Springs, California-based Wismettac Asian Foods, Inc. is recalling Shirakiku brand Spice Seasoning products citing undeclared allergens due to incorrect packaging, the U.S. Food and Drug Administration said. The recall involves Spice Ichimi Togarashi 300g and Spice Shichimi Togarashi 300g. The product package of Ichimi spice seasoning contains Shichimi spice seasoning contents.
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Před 821 dny
more news
FSIS Warns Against Raw, Ready-To-Cook Stuffed Chicken Products
The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert against Tampa Bay Fisheries Inc.'s raw, ready-to-cook chicken entrée products due to misbranding and undeclared allergens. There is concern that the stuffed chicken products may be missing labeling that includes the list of ingredients and cooking instructions.
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Před 821 dny
Asian Markets A Sea Of Red After US Inflation Data
Asian stock markets are trading mostly in the red on Wednesday, following the mixed cues from Wall Street overnight, as traders digest the closely watched key U.S. inflation data, which accelerated in January but came in line with estimates, probably dashing hopes that the US Fed might further ease the pace of its interest rate hikes. Asian markets closed mostly higher on Tuesday.
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Před 821 dny
Thai Stock Market Expected To Remain Rangebound
The Thai stock market headed south again on Tuesday, one day after halting the five-day losing streak in which it had dropped more than 25 points or 1.5 percent. The Stock Exchange of Thailand now rests just above the 1,650-point plateau and it's likely to remain in that neighborhood again on Wednesday.
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Před 821 dny
Japanese Market Slightly Lower
The Japanese stock market is slightly lower on Wednesday after opening in the green, giving up some of the gains in the previous session, with the Nikkei 225 falling below the 27,600 level, following the mixed cues from Wall Street overnight, as traders reacted to higher-than-expected US inflation reading, which supports a case for further interest rate hikes.
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Před 821 dny
Soft Start Seen For Indonesia Stock Market
The Indonesia stock market has moved higher in two straight sessions, gathering more than 60 points or 0.9 percent along the way. The Jakarta Composite Index now rests just above the 6,940-point plateau although it may run out of steam on Wednesday.
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Před 821 dny
Australian Market Significantly Lower
The Australian stock market is significantly lower on Wednesday, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 7,400 levels, following the mixed cues from Wall Street overnight, dragged by tumbling financial stocks as traders reacted higher-than-expected US inflation reading, which supports a case for further interest rate hikes.
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Před 821 dny
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