CAC 40 Slips Into Red On China COVID Concerns

Yen Slides Amid Risk-on Mood

The Japanese yen weakened against other major currencies in the Asian session on Wednesday amid increased risk-on by the investors, as traders react to China's central bank saying it would cut its key policy rate by 10 basis points and lower the reserve requirement ratio by 50 basis points to boost growth. There is also confirmation that U.S. and Chinese officials are set to start formal trade talks this week.

RTTNews | hace 15 minutos

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.

RTTNews | hace 1h 5min

China Unveils Monetary Easing Measures

The People's Bank of China reduced its benchmark interest rate and reserve requirement ratio and also unveiled a slew of measures to support economy hit by trade tariffs. The PBoC cut the 7-day reverse repo rate by 10 basis points to 1.4 percent. The new rate takes effect on May 8.

RTTNews | hace 1h 20min

European Shares Seen Up As China Eases Policy To Boost Growth

European stocks are seen opening broadly higher on Wednesday after chipmaker AMD reported better-than-expected earnings results and Chinese authorities announced a raft of stimulus measures, including interest rate cuts and a major liquidity injection, to help boost the economy.

RTTNews | hace 3h 2min

European Economic News Preview: Germany Factory Orders Data Due

Factory orders and construction Purchasing Managers' survey results from Germany 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 data for March. Orders are forecast to grow 1.4 percent month-on-month, after remaining flat in February.

RTTNews | hace 3h 17min

Sensex, Nifty Marginally Higher In Cautious Trade

Indian shares were flat to slightly higher on Wednesday after the Indian Armed Forces launched precision missile strikes under 'Operation Sindoor', targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK) in a strong response to the brutal Pahalgam terror attack.

RTTNews | hace 4h 12min

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,200 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and technology stocks.

RTTNews | hace 5h 14min

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, despite the negative cues from Wall Street overnight, as traders react to China's central bank saying it would cut its key policy rate by 10 basis points and lower the reserve requirement ratio by 50 basis points to boost growth. There is also confirmation that U.S. and Chinese officials are set to start formal trade talks this week.

RTTNews | hace 5h 29min

EURUSD	1.1369	GBPUSD	1.33536	AUDUSD	0.6477
USDJPY	143.318	USDCAD	1.37856	USDCHF	0.8254

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CAC 40 Slips Into Red On China COVID Concerns