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South Korea Inflation Data Due On Friday
(RTTNews) - South Korea will on Friday release December figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
In November, overall inflation was down 0.1 percent on month and up 5.0 percent on year, while core CPI rose 0.3 percent on month and 4.3 percent on year.
Also, the markets in South Korea are closed for New Year's Eve, while the markets in Australia and New Zealand will have half-day sessions.
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Bay Street Likely To Open Slightly Higher
Modestly higher futures point to a slightly positive start for the Canadian market on Wednesday. However, uncertainty about further interest rate cuts by the Fed this year, and worries about valuations may render the mood cautious and limit market's upside.
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vor 25 Minuten
U.S. Dollar Extends Rise Amid Fed Chair Powell Comments
The U.S. dollar continued to be strong against other major currencies in the European session on Wednesday, weighed down by Federal Reserve Chairman Jerome Powell's comments that equity prices are fairly highly valued by many measures.
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vor 42 Minuten
FTSE 100 Modestly Lower In Cautious Trade
U.K. stocks are turning in a mixed performance in cautious trade on Wednesday. Uncertainty about Fed interest rate outlook, and on comments from Fed Chair Jerome Powell's warning that equity valuations are stretched.
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CAC 40 Drifts Lower On Valuation Concerns, Rate Uncertainty
French stocks are showing some weakness on Wednesday amid apprehensions about the outlook for Fed rate cuts, and Fed Chair Jerome Powell's comments that equity valuations are high.
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vor 1Std 43 Minuten
Sensex, Nifty Extend Declines For Fourth Day
Indian shares ended lower for a fourth day running on Wednesday, with trade-related concerns, rising oil prices and continued selling by foreign investors keeping investors on edge.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
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German Ifo Business Confidence At 4-Month Low
German business sentiment weakened to a four-month low in September as prospects of an economic recovery suffered a setback, monthly survey results from the Munich-based ifo Institute showed Wednesday. The business climate index fell unexpectedly to 87.7 in September from 88.9 in the previous month. The score was seen at 89.3.
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vor 2Std 37 Minuten
DAX Modestly Lower As Powell's Comments Raise Valuation Concerns
German stocks are down in negative territory on Wednesday, weighed down by Federal Reserve Chairman Jerome Powell's comments that equity prices are fairly highly valued by many measures.
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vor 2Std 46 Minuten
