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European Economic News Preview: UK GDP Data Due
Monthly GDP, industrial output and foreign trade data from the UK and industrial production from the euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial output and foreign trade figures. The economy is forecast to shrink 0.2 percent on month, in contrast to the 0.5 percent rise in June
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vor 639 Tagen
FDA Warns CVS Health, Walgreens Against Unapproved Eye Products
The U.S. Food and Drug Administration has warned eight companies including CVS Health and Walgreens Boots Alliance, Inc. against manufacturing or marketing unapproved ophthalmic drug products in violation of federal law. The agency has issued warning letters to these companies as part of its ongoing effort to protect Americans from potentially harmful ophthalmic products.
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vor 639 Tagen
Sensex, Nifty Subdued In Early Trade; IT Stocks Drag
Indian shares were subdued on Wednesday as investors awaited the release of U.S. inflation data later in the day that could influence the Federal Reserve's policy path.
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vor 639 Tagen
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, as traders remained cautious ahead of the release of a key US inflation data later in the day that could influence the outlook for interest rates. Inflation fears due to the continued spike in crude oil prices also weighed on sentiment. Asian markets closed mixed on Tuesday.
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vor 639 Tagen
Sensex, Nifty Seen Lower As Investors Await US Inflation Data
Indian shares are seen opening slightly lower on Wednesday as investors react to weak global cues and encouraging domestic data.
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vor 639 Tagen
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Wednesday, giving up some of the gains in the previous session, with the Nikkei 225 falling below the 32,700 level, following the broadly negative cues from Wall Street overnight, as traders remained cautious ahead of the release a key US inflation data later in the day that could influence the outlook for interest rates.
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vor 639 Tagen
Renewed Consolidation Anticipated For Thai Stock Market
The Thai stock market on Tuesday ended the two-day slide in which it had slumped almost 10 points or 0.6 percent. The Stock Exchange of Thailand now sits just above the 1,545-point plateau although it's likely to head south again on Wednesday.
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vor 639 Tagen
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Soft Start Called For Indonesia Stock Market
The Indonesia stock market found renewed selling pressure on Tuesday, one session after ending the two-day losing streak in which it had slumped more than 70 points or 1 percent. The Jakarta Composite Index now sits just above the 6,930-point plateau and it's predicted to move lower again on Wednesday.
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vor 639 Tagen
Australian Market Notably Lower
The Australian stock market is notably lower on Wednesday, giving up some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 falling below the 7,200 level, following the broadly negative cues from Wall Street overnight, dragged by weakness in mining and technology stocks.
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vor 639 Tagen
Hang Seng May Give Up Support At 18,000 Points
The Hong Kong stock market has moved lower in six straight sessions, tumbling more than 820 points or 4.6 percent along the way. The Hang Seng Index now sits just above the 18,025-point plateau and it's predicted to open lower again on Wednesday.
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vor 639 Tagen
China Stock Market Tipped To Open Under Pressure
The China stock market moved lower again on Tuesday, one day after snapping the two-day losing streak in which it had slumped more than 40 points or 1.3 percent. The Shanghai Composite Index now rests just above the 3,135-point plateau and the losses could accelerate on Wednesday.
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vor 639 Tagen
Taiwan Shares May Head South Again On Wednesday
The Taiwan stock market on Tuesday wrote a finish to the four-day losing streak in which it had stumbled more than 350 points or 2.3 percent. The Taiwan Stock Exchange now rests just above the 16,570-point plateau although it may see renewed selling pressure on Wednesday.
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vor 639 Tagen
Japan Producer Prices Rise 0.3% On Month In August
Producer prices in Japan were up 0.3 percent on month in August, the Bank of Japan said on Wednesday.
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vor 639 Tagen
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