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European Stocks Mostly Higher On Soft Inflation Data, Dovish Fed Comments
European stocks are mostly higher a little past noon on Wednesday with dovish comments from Fed Governor Christopher Waller on Tuesday raising optimism that the U.S. central bank might cut rate as early as March 24.
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vor 609 Tagen
CAC-40 Rebounds As Easing In Inflation Triggers Rate Cut Hopes
The CAC-40 benchmark rebounded in Wednesday's trading amidst the sentiment boost provided by easing inflation indicators from Spain and Germany.
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vor 609 Tagen
Sensex, Nifty Close On Buoyant Note
Indian shares, led by information technology stocks, rallied sharply on Wednesday amid optimism the Federal Reserve will start cutting interest rates by March next year.
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vor 609 Tagen
DAX Surges On Fed Cues, Softer Regional CPI
The DAX benchmark of the Frankfurt bourse rallied more than a percent in Wednesday's trading amidst data showing a cooling in inflation in the regional CPI updates.
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vor 609 Tagen
FDA Probes Serious Risk Of Secondary Cancer Following CAR T Cell Therapies
The Food and Drug Administration or FDA said it is investigating serious risk of T-cell malignancies following BCMA or CD19-directed autologous Chimeric Antigen Receptor or CAR T cell Immunotherapies. However, the overall benefits of these products continue to outweigh their potential risks for their approved uses.
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vor 609 Tagen
Asian Equities Close On A Mostly Negative Note
Asian markets closed on a predominantly negative note on Wednesday amidst anxiety ahead of release of PMI readings from China.
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vor 609 Tagen
New Zealand Holds Interest Rate As Expected
New Zealand's central bank decided to hold the benchmark interest rate unchanged and to keep the policy at a restrictive level for longer. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, maintained the Official Cash Rate at 5.50 percent.
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vor 609 Tagen
more news
NZ Dollar Rises As RBNZ Holds Rates As Expected
The New Zealand dollar appreciated sharply against other major currencies in the Asian session on Wednesday, after the announcement of Reserve Bank of New Zealand's Official Cash Rate steady, as expected by the economists.
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vor 609 Tagen
Commodity Currencies Rise Amid Risk Appetite
Commodity currencies such as the Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday, as Asian stock markets traded mostly in the green, following the broadly positive cues from the Wall Street overnight. Traders are also cautiously optimistic over the outlook for interest rates following recent economic data.
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vor 609 Tagen
European Equities Brace For Muted Opening
European stock markets are seen opening on a weak note on Wednesday as worries about inflation as well as the economic situation in China eclipse the relief triggered by dovish comments from Fed officials.
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vor 609 Tagen
Indian Shares Rise, Lift Nifty Up Past 20k Mark Again; IT Stocks Rally
Indian shares are up firmly in positive territory Wednesday morning, with investors indulging in some brisk buying amid optimism about US Federal Reserve beginning to cut interest rates sooner than earlier thought.
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vor 609 Tagen
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Wednesday.
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vor 609 Tagen
Australian Dollar Advances Against Most Majors
The Australian dollar strengthened against most major currencies in the Asian session on Wednesday.
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vor 609 Tagen
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