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Bay Street Looks Headed For Positive Start
Canadian shares are likely to open higher on Wednesday, tracking positive cues from European markets and firm commodity prices. U.S. consumer price inflation data, due before the opening bell, is likely to make a significant impact on investor mood.
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vor 236 Tagen
German Economy Stuck In Recession
The German economy shrank for the second straight year in 2024 as the euro area struggles with global headwinds and the political and structural problems on the domestic front. Gross domestic product contracted 0.2 percent in 2024 after a 0.3 percent decline in 2023, Destatis reported Wednesday.
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vor 236 Tagen
U.S. Dollar Slides Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
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vor 236 Tagen
FTSE 100 Advances Over 0.7% On Surprise Drop In Inflation Rate
U.K. stocks are up firmly in positive territory Wednesday morning, outperforming other major markets in Europe, after data showed an unexpected drop in British consumer price inflation in the month of December.
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vor 236 Tagen
Pound Rebounds After U.K. CPI Data
The British pound rebounded from recent weakness against other major currencies in the European session on Wednesday, after reacting wildly to data showing that U.K. consumer price inflation moderated unexpectedly in December.
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vor 236 Tagen
CAC 40 Modestly Higher After Inflation Data
French stocks are modestly higher Wednesday morning with investors digesting the nation's consumer price inflation data, and looking ahead to U.S. inflation report for clues about Fed interest rates.
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vor 236 Tagen
DAX Rises Nearly 0.5% As Bond Yields Drop Slightly
German stocks are climbing higher on Wednesday thanks to easing bond yields, and data showing an unexpected drop in British inflation. Investors, focusing on quarterly earnings, are also looking ahead to U.S. consumer price inflation data for more clues about Fed interest rates.
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vor 236 Tagen
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Sensex, Nifty End Modestly Higher; Financials Underperform
Indian shares ended Wednesday's session higher, the dollar rally paused, and bond yields dropped after data showed U.S. producer prices rose by slightly less than expected in December, offering temporary relief to investors worried about inflation and interest rates.
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vor 236 Tagen
FDA Proposes Front-of-package Nutrition Label For Packaged Foods
The U.S. Food and Drug Administration is proposing to require a front-of-package or FOP nutrition label for most packaged foods as part of a government-wide effort in combatting the chronic disease crisis in the United States. If finalized, the proposal would give consumers readily visible information about a food's saturated fat, sodium and added sugars content.
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vor 236 Tagen
Pound Rebounds Against Majors
The British pound rebounded from recent weakness against other major currencies in the European session on Wednesday.
RTTNews
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vor 236 Tagen
European Shares Rise As Bond Yields Ease
European stocks edged higher on Wednesday as bond yields eased after the release of softer-than-expected U.S. producer inflation data.
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vor 236 Tagen
Asian Shares Muted Ahead Of US CPI Data
Asian stocks ended little changed on Wednesday after reports emerged that U.S. President-elect Donald Trump's economic advisers are discussing slowly ramping up tariffs month by month.
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vor 236 Tagen
Pound Slides Against Majors
The British pound weakened against other major currencies in the pre-European session on Wednesday.
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vor 236 Tagen
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