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European Shares Decline As Inflation Edges Up In April
European stocks were moving lower on Tuesday as trading resumed after a three-day holiday break.
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Australia Central Bank Hikes Rate Unexpectedly Despite Slowing Inflation
Despite an easing in inflation, the Reserve Bank of Australia unexpectedly raised its benchmark interest rate by a quarter-point and signaled more hikes to bring inflation back to the target in a reasonable timeframe. The RBA Board decided to hike the cash rate target by 25 basis points to 3.85 percent. This was the highest rate since early 2012.
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FTSE 100 Little Changed Ahead Of Central Bank Meetings
U.K. stocks were little changed on Tuesday as investors reacted to mixed earnings updates and looked ahead to key central bank meetings this week for directional cues.
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CAC 40 Slips Into Red On Growth Worries
French stocks were subdued on Tuesday as traders returned to their desks after a long holiday weekend.
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DAX Slides In Cautious Trade Ahead Of Inflation Data
German stocks traded lower on Tuesday, with the benchmark DAX slipping 0.4 percent to 15,866 ahead of key central bank meetings this week.
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Asian Shares Mixed As Investors Look To Key Central Bank Meetings
Asian stocks ended Tuesday's session on a mixed note, with weak manufacturing data from China and uncertainty over the U.S. debt ceiling limit keeping investors nervous.
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FDA Approves First Drug For Anemia In Cats With CKD
The U.S. Food and Drug Administration conditionally approved Elanco US Inc.'s Varenzin-CA1 (molidustat oral suspension) for treating anemia in cats with chronic kidney disease or CKD. It is the first drug for the control of nonregenerative anemia associated with CKD in cats. Varenzin-CA1 works by helping to increase production of erythropoietin in the kidney, which in turn stimulates the bone mar
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more news
Australian Dollar Rises On RBA's Surprise Rate Hike
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after Australia's central bank unexpectedly raised its benchmark interest rate by a quarter-point.
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Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Tuesday.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against its most major currencies in the Asian session on Tuesday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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European Economic News Preview: Eurozone Flash Inflation, Final Factory PMI Data Due
Flash inflation and final manufacturing Purchasing Managers' survey results from the euro area are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to fall 3.6 percent annually in April, following a 3.1 percent drop in March.
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European Shares Seen Up Ahead Of Key Central Bank Meetings
European stocks are seen opening higher on Tuesday as trading resumes after a long holiday weekend.
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