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German Economy Stuck In Recession
The German economy shrank for the second straight year in 2024 as the euro area struggles with global headwinds and the political and structural problems on the domestic front. Gross domestic product contracted 0.2 percent in 2024 after a 0.3 percent decline in 2023, Destatis reported Wednesday.
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U.S. Dollar Slides Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
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FTSE 100 Advances Over 0.7% On Surprise Drop In Inflation Rate
U.K. stocks are up firmly in positive territory Wednesday morning, outperforming other major markets in Europe, after data showed an unexpected drop in British consumer price inflation in the month of December.
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Pound Rebounds After U.K. CPI Data
The British pound rebounded from recent weakness against other major currencies in the European session on Wednesday, after reacting wildly to data showing that U.K. consumer price inflation moderated unexpectedly in December.
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CAC 40 Modestly Higher After Inflation Data
French stocks are modestly higher Wednesday morning with investors digesting the nation's consumer price inflation data, and looking ahead to U.S. inflation report for clues about Fed interest rates.
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DAX Rises Nearly 0.5% As Bond Yields Drop Slightly
German stocks are climbing higher on Wednesday thanks to easing bond yields, and data showing an unexpected drop in British inflation. Investors, focusing on quarterly earnings, are also looking ahead to U.S. consumer price inflation data for more clues about Fed interest rates.
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Sensex, Nifty End Modestly Higher; Financials Underperform
Indian shares ended Wednesday's session higher, the dollar rally paused, and bond yields dropped after data showed U.S. producer prices rose by slightly less than expected in December, offering temporary relief to investors worried about inflation and interest rates.
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more news
FDA Proposes Front-of-package Nutrition Label For Packaged Foods
The U.S. Food and Drug Administration is proposing to require a front-of-package or FOP nutrition label for most packaged foods as part of a government-wide effort in combatting the chronic disease crisis in the United States. If finalized, the proposal would give consumers readily visible information about a food's saturated fat, sodium and added sugars content.
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236 दिनों पहले
Pound Rebounds Against Majors
The British pound rebounded from recent weakness against other major currencies in the European session on Wednesday.
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236 दिनों पहले
European Shares Rise As Bond Yields Ease
European stocks edged higher on Wednesday as bond yields eased after the release of softer-than-expected U.S. producer inflation data.
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Asian Shares Muted Ahead Of US CPI Data
Asian stocks ended little changed on Wednesday after reports emerged that U.S. President-elect Donald Trump's economic advisers are discussing slowly ramping up tariffs month by month.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the pre-European session on Wednesday.
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Yen Rises As BoJ Governor Ueda Signals Rate Hike
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, after Bank of Japan Governor Kazuo Ueda signaled raising interest rates at next week's meeting.
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