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Asian Shares Follow Wall Street Higher
Asian stocks ended mostly higher on Wednesday even as deteriorating U.S. consumer confidence in the face of tariff fears coincided with economists' forecasts suggesting a risk of stagflation and rising odds of recession.
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Před 155 dny
Commodity Currencies Advance Amid Risk-on Mood
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday, as investors risk-on mood increased amid optimism about earlier interest rate cuts by the U.S. Fed after U.S. consumer confidence deteriorated by more than expected in the month of March. Traders are also optimistic about some tariff exemptions by the U.S. administration as they seek greater clarity on the next round of tariffs.
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Před 155 dny
Canadian Dollar Rises Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Wednesday.
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Před 155 dny
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
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Před 155 dny
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
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Před 155 dny
European Shares Seen Flat To Higher At Open
European stocks may open flat to slightly higher on Wednesday as investors react to Black Sea maritime security deals struck by the U.S. in the war in Ukraine and await more clarity on U.S. President's Donald Trump's trade policy ahead of a new round of tariffs set to take effect next week.
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Před 155 dny
Australia Inflation Eases Slightly In February
Australia consumer price inflation softened unexpectedly in February, raising hopes of another interest rate cut in coming months. The monthly consumer price index rose 2.4 percent year-on-year in February, after holding steady at 2.5 percent in the previous two months, the Australian Bureau of Statistics reported Wednesday.
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Před 155 dny
more news
European Economic News Preview: UK Chancellor To Deliver Spring Statement
The UK Chancellor of the Exchequer will deliver the Spring Statement in the House of Commons on Wednesday. Markets expect Chancellor Rachel Reeves to tighten the fiscal policy by GBP 10 billion. Reeves is likely to reduce spending plans instead of introducing new tax hikes.
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Před 155 dny
Sensex, Nifty Subdued In Early Trade
Indian shares were subdued on Wednesday after recent string of strong gains.
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Před 155 dny
Asian Markets Track Wall Street Higher
Asian stock markets are mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid optimism about earlier interest rate cuts by the US Fed after US consumer confidence deteriorated by more than expected in the month of March. Traders are also optimistic about some tariff exemptions by the US as they seek greater clarity on the next round of tariffs.
RTTNews
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Před 155 dny
Australian Market Maintains Early Gains In Mid-market
The Australian stock market is maintaining its early gains in mid-market trading on Wednesday, extending the gains in the previous four sessions, with the benchmark S&P/ASX 200 moving a tad above the 8,000 mark, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews
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Před 155 dny
Sensex, Nifty Seen Higher At Open
Indian shares may open a tad higher on Wednesday, mirroring firm cues from global markets despite signs of waning U.S. consumer confidence.
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Před 155 dny
Thai Stock Market Tipped To Open To The Upside
The Thai stock market on Tuesday ended the two-day winning streak in which it had collected almost 10 points or 0.8 percent. The Stock Exchange of Thailand now sits just beneath the 1,185-point plateau although it may tick higher again on Wednesday.
RTTNews
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Před 155 dny
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