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Asian Shares Mixed As Inflation Fears Return To Haunt
Asian stocks ended mixed on Wednesday as upbeat U.S. economic data released overnight led investors to scale back Fed rate cut bets.
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vor 238 Tagen
Australian Dollar Falls Amid RBA Rate Cut Speculation
The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as a slowing Core CPI renewed hopes of a rate cut by the Reserve Bank of Australia in February.
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vor 238 Tagen
European Economic News Preview: Germany Factory Orders Data Due
Factory orders and retail sales from Germany and economic sentiment from the euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders and retail sales for November. Economists forecast factory orders to fall 0.3 percent on month, slower than the 1.5 percent decrease in October.
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vor 238 Tagen
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday.
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vor 239 Tagen
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews
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vor 239 Tagen
European Shares Seen Broadly Lower With Tech Stocks In Focus
European stocks are seen opening broadly lower on Wednesday, though U.K. markets may open on a steady note as oil extended overnight gains on signs of tight supply from Russia and OPEC members.
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vor 239 Tagen
Australia Inflation Rises In November
Australia's consumer price inflation accelerated in November largely due to the timing of electricity rebate, the Australian Bureau of Statistics said on Wednesday.
Headline inflation rose to 2.3 percent in November from 2.1 percent in October. Inflation was slightly above economists' forecast of 2.2 percent. However, annual trimmed mean inflation eased to 3.2 percent from 3.5 percent.
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vor 239 Tagen
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Sensex, Nifty Open Lower As Traders Pare Rate Cut Bets
Indian shares opened slightly lower on Wednesday as upbeat U.S. economic data prompted traders to pare rate cut bets.
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vor 239 Tagen
Sensex, Nifty Set For Muted Start As Dollar And Yields Climb
Indian shares look set to open on a cautious note Wednesday after initial estimates from the government showed the Indian economy is set to grow at the slowest pace in 4 years in the fiscal year 2024-25.
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vor 239 Tagen
Asian Shares Mixed As Traders Scale Back Fed Rate Cut Bets
Asian stocks were mixed on Wednesday as fresh signs of a resilient U.S. economy clouded the outlook for U.S. rate cuts in 2025.
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vor 239 Tagen
Thai Stocks Likely To Remain Rangebound
The Thai stock market has finished higher in two of three trading days since the end of the two-day slide in which it had slumped more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,390-point plateau although it may not be able to hold those gains.
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vor 239 Tagen
Lower Open Anticipated For Indonesia Stock Market
The Indonesia stock market ticked higher again on Tuesday, one day after ending the three-day winning streak in which it had advanced almost 130 points or 1.8 percent. The Jakarta Composite Index now sits just above the 7,080-point plateau although it's expected to open under pressure on Wednesday.
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vor 239 Tagen
Hong Kong Shares May Extend Losing Streak
The Hong Kong stock market has finished lower in two straight sessions, retreating more than 310 points or 1.7 percent along the way. The Hang Seng Index now sits just beneath the 19,450-point plateau and it may extend its losses again on Wednesday.
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vor 239 Tagen
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