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China Adds Stimulus As Economic Recovery Picks Up
China's central bank boosted liquidity in the financial system ahead of the release of official data that showed a faster-than-expected acceleration in industrial production and retail sales growth, which waned the possibility of the economy facing a substantial slowdown, although the real estate market continues to pose risks along with unfavorable external conditions.
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vor 687 Tagen
European Shares Extend Gains As Inflation Worries Fade
European stocks edged higher on Wednesday as softer inflation data eased worries about the Fed's rate trajectory and China reported strong industrial output and retail sales data for October.
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vor 687 Tagen
FTSE 100 Rallies As Inflation Slows Sharply
U.K. stocks rallied on Wednesday after official data showed U.K. consumer price inflation eased sharply to a two-year low in October.
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vor 687 Tagen
CAC 40 Edges Higher As Rate Worries Ebb
French stocks rose notably on Wednesday amid increased bets that the U.S. Federal Reserve may be done hiking interest rates.
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vor 687 Tagen
DAX Gains As Inflation Concerns Ease
German stocks eked out modest gains on Wednesday as positive data from the U.S. and China helped ease investor concerns surrounding interest rate hikes and slowing economic growth.
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vor 687 Tagen
Asian Shares Rally After US, China Data
Asian stocks rose sharply on Wednesday as signs of cooling U.S. inflation bolstered hopes of a pause in interest rate hikes and China reported strong industrial output and retail sales data.
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vor 687 Tagen
Toyota Unveils Hybrid Next Gen Camry, Crown Signia SUV
Toyota Motor North America, affiliated to Japanese automajor Toyota Motor Corp., has introduced purely hybrid next generation Camry as well as Crown Signia SUV into the United States market. As a part of Toyota's effort to provide electrification for all, the 2025 Toyota Camry will be an exclusively Hybrid Electric Vehicle or HEV. The 2025 Toyota Camry is expected to arrive in the Summer of 2024.
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more news
European Shares Seen Mostly Higher At Open
European stocks look set to open mostly higher on Wednesday, though the upside may remain capped due to escalating tensions in Gaza and ahead of a meeting between U.S. President Joe Biden and his Chinese counterpart Xi Jinping on the sidelines of the 21-member APEC summit in San Francisco.
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vor 687 Tagen
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices from the UK and industrial production from the euro area are due on Wednesday, headlining a busy day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes unemployment data for the third quarter. The jobless rate is forecast to rise to 7.3 percent from 7.2 percent in the second quarter.
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vor 687 Tagen
NZ Dollar Rises As Asian Markets Rally Amid U.S. Inflation Data
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday amid risk appetite, as new data showed U.S. inflation is on a firm downward trajectory, boosting bets the Federal Reserve will forgo any more interest rate hikes and indeed start cutting rates in coming months.
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vor 687 Tagen
Sensex, Nifty Rally On Dovish Fed Expectations
Indian shares were sharply higher on Wednesday, tracking firm global cues and a decline in U.S. Treasury yields as tamer than expected U.S. CPI data bolstered the view that the Fed was probably done with rate hikes.
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vor 687 Tagen
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
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vor 687 Tagen
Asian Markets Rally Amid U.S. Inflation Data
The tamer than expected U.S. inflation data in October raised hopes the US Fed will not hike interest rates soon to keep Asian stock markets in the green on Wednesday, following the broadly positive cues from the global markets overnight. With the U.S. inflation on a downward trajectory, further rate hikes may not be necessary. Asian markets closed mostly higher on Tuesday.
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vor 687 Tagen
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