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Australian, NZ Dollars Higher On Solid China Data

Australian, NZ Dollars Higher On Solid China Data

The Australian and NZ dollars climbed against their major counterparts in the Asian session on Wednesday, as strong factory activity data out of China lifted risk sentiment.
RTTNews | vor 941 Tagen
UK House Prices Log First Fall Since Mid-2020 - Nationwide

UK House Prices Log First Fall Since Mid-2020 - Nationwide

UK house prices registered the first annual fall since June 2020 as squeeze on household income from higher interest rates and inflation damped demand in the property market, data from Nationwide Building Society showed Wednesday. House prices declined 1.1 percent on a yearly basis in February, offsetting the 1.1 percent increase in January. Economists had forecast a 0.9 percent fall.
RTTNews | vor 941 Tagen
European Shares Gain On China Optimism

European Shares Gain On China Optimism

European stocks were moving higher on Wednesday, as upbeat manufacturing and non-manufacturing data from China helped offset investor concerns over stubborn inflation and fears of further U.S. interest-rate hikes.
RTTNews | vor 941 Tagen
CAC 40 Edges Higher On Upbeat China Data

CAC 40 Edges Higher On Upbeat China Data

French stocks advanced on Wednesday as improved readings on China's manufacturing and non-manufacturing in February reflected the solid momentum of post reopening recovery.
RTTNews | vor 941 Tagen
FDA Restricts Unlawful Import Of Xylazine

FDA Restricts Unlawful Import Of Xylazine

The U.S. Food and Drug Administration said it has taken steps to restrict unlawful imports of xylazine, an animal tranquilizer that has increasingly been found in illicit drugs, into the United States. With this, the Federal regulator aims to prevent the drug from entering the U.S. market for illicit purposes, while maintaining availability for legitimate use in animals.
RTTNews | vor 941 Tagen
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DAX Rises On China Data

DAX Rises On China Data

German stocks opened higher on Wednesday as better-than-expected Chinese data helped investors shrug off recent concerns about inflation and interest-rate rises.
RTTNews | vor 941 Tagen
Asian Shares Gain On Strong China Data

Asian Shares Gain On Strong China Data

Asian stock rose broadly on Wednesday as strong manufacturing data from China helped offset investor concerns over stubborn inflation and fears of further U.S. interest-rate hikes.
RTTNews | vor 941 Tagen
European Economic News Preview: Eurozone Final Factory PMI Data Due

European Economic News Preview: Eurozone Final Factory PMI Data Due

Final factory Purchasing Managers' survey results from the euro area and the UK are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to fall 0.9 percent annually after rising 1.1 percent in January. In the meantime, Destatis is scheduled to issue Germany's labor market statistics for January.
RTTNews | vor 941 Tagen
China Manufacturing Sector Returns To Expansion Territory

China Manufacturing Sector Returns To Expansion Territory

China's manufacturing sector expanded for the first time in seven months in February, driven by the upturns in production and new orders, suggesting a strong rebound in the first quarter following the easing of pandemic related restrictions. At 51.6, the Caixin manufacturing Purchasing Managers' Index rose from 49.2 in the previous month, survey results from S&P Global showed.
RTTNews | vor 941 Tagen

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