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Indian Rupee Climbs To 2-day High Against U.S. Dollar
The Indian rupee appreciated against the U.S. dollar in late morning deals on Wednesday, as oil prices fell following an industry data showing an unexpected increase in U.S. crude inventories last week.
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vor 1114 Tagen
China Inflation At 2-Year High; Factory Gate Inflation Eases
China consumer price inflation accelerated to the highest in two years in July driven by pork prices, while factory gate inflation continued to ease, official data revealed Wednesday. Consumer price inflation rose to a two-year high of 2.7 percent in July from 2.5 percent in June, the National Bureau of Statistics reported. But the rate was below economists' forecast of 2.9 percent.
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vor 1114 Tagen
European Shares To See Cautious Start Ahead Of US Inflation Data
European stocks are seen opening little changed on Wednesday as investors await key U.S. consumer inflation data later in the day, which could impact the outlook for interest rates.
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vor 1114 Tagen
European Economics Preview: Germany Final Inflation Data Due
Final consumer price data from Germany is due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's final consumer and harmonized index of consumer prices for July. According to flash estimate, consumer price inflation eased slightly to 7.5 percent from 7.6 percent in June.
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vor 1114 Tagen
Sensex, Nifty Slip Ahead Of US Inflation Data
Indian shares opened on a sluggish note Wednesday as investors awaited the release of U.S. inflation data later in the day for cues on the Fed's policy tightening path.
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vor 1114 Tagen
Asian Markets Mostly Lower Amid Cautious Trades
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, with technology stocks tumbling to mirror their peers on the tech-heavy Nasdaq. Traders also make their moves cautiously ahead of the release of crucial U.S. inflation data later in the day, which could impact the outlook for interest rates.
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vor 1114 Tagen
Sensex, Nifty Set To Follow Global Peers Lower Ahead Of US Inflation Data
Indian shares look set to open a tad lower on Wednesday as investors eye U.S. inflation data due later in the day for clues on the Fed's next move.
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vor 1115 Tagen
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Winning Streak Expected To End For Thai Stock Market
The Thai stock market has climbed higher in five straight sessions, gathering almost 30 points or 1.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,620-point plateau although it may run out of steam on Wednesday.
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vor 1115 Tagen
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Wednesday, extending the losses in the previous session, with the Nikkei 225 above the 27,800 level, following the broadly negative cues from Wall Street overnight, dragged down by tumbling technology stocks, which mirrored their peers on the tech-heavy Nasdaq. Traders also remain cautious ahead of the release of crucial U.S. inflation data.
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vor 1115 Tagen
Indonesia Stock Market Expected To Open Under Pressure
The Indonesia stock market has finished higher in seven straight sessions, rising almost 150 points or 2.2 percent along the way. The Jakarta Composite Index now sits just above the 7,100-point plateau although it's overdue for consolidation on Wednesday.
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vor 1115 Tagen
China Inflation Climbs 2.7% On Year In July
Consumer prices in China were up 2.7 percent on year in July, the National Bureau of Statistics said on Wednesday.
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vor 1115 Tagen
Australian Market Modestly Lower
The Australian stock market is modestly lower on Wednesday, giving up some of the gains in the previous three sessions, with the benchmark S&P/ASX 200 staying above the 7,000 mark, following the broadly negative cues from Wall Street overnight, dragged down by tumbling technology stocks, which mirrored their peers on the tech-heavy Nasdaq.
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vor 1115 Tagen
Losing Streak May Continue For Hong Kong Shares
The Hong Kong stock market has moved lower in back-to-back sessions, sinking almost 200 points or 1 percent along the way. The Hang Seng now rests just above the 20,000-point plateau and it may take further damage on Wednesday.
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vor 1115 Tagen
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