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FTSE 100 Climbs As Inflation Holds Steady; Miners Slump
U.K. stocks traded higher on Wednesday as investors assessed the latest U.S. and U.K. inflation readings.
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vor 562 Tagen
CAC 40 Nudges Higher In Cautious Trade
French stocks traded higher on Wednesday after falling notably the previous day on fading Fed rate-cut hopes.
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vor 562 Tagen
DAX Little Changed As Early Rate-cut Hopes Fade
German stocks were little changed on Wednesday as hotter-than-expected U.S. inflation data dented hopes for early rate cuts and geopolitical tensions continued in the Middle East and eastern Europe.
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vor 562 Tagen
Asian Shares Retreat As Traders Pare Rate Cut Bets
Asian stocks followed Wall Street lower on Wednesday as higher-than-anticipated U.S. consumer inflation data released Friday shrank the odds of early rate cuts by the Federal Reserve before July.
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vor 562 Tagen
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
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vor 562 Tagen
Pound Falls After U.K. CPI, PPI Data
At 2:00 am ET Wednesday, the Office for National Statistics released U.K. consumer and producer prices for January.
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vor 562 Tagen
Pound Mixed Ahead Of U.K. CPI, PPI Data
At 2:00 am ET Wednesday, the Office for National Statistics releases U.K. consumer and producer prices for January. Inflation is seen rising to 4.1 percent from 4.0 percent in December. Output prices are expected to decline 0.5 percent on year, in contrast to the 0.1 percent gain a month ago.
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vor 562 Tagen
more news
European Shares To Open On Sluggish Note Amid Fed Worries
European stocks may open on a subdued note Wednesday as stronger-than-expected U.S. inflation data poured cold water on investor hopes for an imminent interest-rate cut by the Federal Reserve.
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vor 562 Tagen
Malaysian Ringgit Falls To Near 4-month Low Against U.S. Dollar
The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Wednesday.
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vor 562 Tagen
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices from the UK and revised GDP data from the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for January. Inflation is seen rising to 4.1 percent from 4.0 percent in December. Output prices are expected to decline 0.5 percent on year.
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vor 562 Tagen
Sensex, Nifty Follow Global Peers Lower; IT Stocks Worst Hit
Indian shares opened lower on Wednesday, mirroring weak cues from global markets on concerns over elevated inflation in the U.S. and delayed rate cuts by the Federal Reserve.
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vor 562 Tagen
Asian Markets Track Global Markets Lower
Asian stock markets are mostly lower on Wednesday, following the broadly negative cues from global markets overnight, after data showing bigger than expected increase in U.S. consumer price inflation in January reduced the possibility of a rate cut by the US Fed anytime soon. Traders have pushed back their expectations for rate cuts from March to May or June. Asian markets closed mixed on Tuesday.
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vor 562 Tagen
Sensex, Nifty Set To Fall Amid Global Selloff
Indian shares are seen opening sharply lower on Wednesday as traders ratcheted down their expectations for a Federal Reserve's interest-rate cut before July.
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vor 562 Tagen
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