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DAX Edges Higher As Investors Await GDP Data
German stocks were seeing modest gains on Tuesday ahead of fourth-quarter Gross Domestic Product (GDP) data for Germany and the Eurozone due out later in the day.
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Asian Shares Mixed As Fed Meeting Gets Underway
Asian shares ended mixed on Tuesday, with Chinese and Hong Kong markets tumbling amid China's property sector woes.
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France GDP Stagnates In Q4
The French economy failed to expand in the last two quarters of 2023 as the improvement in foreign trade was offset by the falling investment and household spending. Gross domestic product posted nil growth in the fourth quarter, the same rate as seen in the third quarter, flash data from the statistical office INSEE showed on Tuesday.
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Commodity Currencies Rise As Most Asian Shares Advance
The Commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, with investors looking ahead to the upcoming monetary policy meetings of several central banks, and some key economic data, for clues about the likely timing of interest rate cuts.
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Neptune's Fix Products Recalled After FDA Warns Of Tianeptine Risk
Neptune Resources, LLC is recalling all lots of Neptune's Fix products after the U.S. Food and Drug Administration issued a warning against these products citing the presence of tianeptine, an ingredient that is not FDA-approved for any medical use. In the US, tianeptine products are often marketed as dietary supplements that can improve brain function.
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Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Tuesday.
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European Economic News Preview: Eurozone Flash GDP Data Due
Flash quarterly national accounts data from the euro area and major European economies are due on Tuesday, headlining a hectic day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes preliminary GDP data for the fourth quarter. The economy is forecast to stagnate after falling 0.1 percent in the third quarter.
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Australian Dollar Advances Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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European Shares To Open Broadly Higher; Fed, BOE Meetings Eyed
European stocks are seen opening broadly higher on Tuesday after the S&P 500 notched another record closing high overnight ahead of a busy week of mega tech earnings, the highly anticipated Federal Reserve rate decision and the release of all-important U.S. jobs report.
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NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday.
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Sensex, Nifty Marginally Lower In Early Trade
Indian shares were subdued on Tuesday as investors looked forward to the Federal Reserve's interest-rate decision and a slew of key U.S. economic data due this week for directional cues.
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Asian Stocks Slightly Higher But Evergrande Crisis Weigh On Chinese Markets
The stocks markets in the Asia-Pacific region, except the Chinese markets, are up marginally in positive territory on Tuesday, with investors looking ahead to the upcoming monetary policy meetings of several central banks, and some key economic data, for clues about the likely timing of interest rate cuts.
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Sensex, Nifty Seen Higher At Open As Fed Meetings Gets Underway
Indian shares look set to open higher on Tuesday, tracking firm cues from global markets and amid optimism around the upcoming interim Budget to be presented in Lok Sabha on February 1.
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