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European Shares Inch Higher Ahead Of US CPI Report
European stocks traded higher on Thursday after two consecutive sessions of losses.
Amid a light day on the economic front, investors awaited U.S. CPI data later in the day for more clues on the Federal Reserve's rate trajectory.
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576 days ago
FTSE 100 Gains As Retailers Report Strong Holiday Sales Growth
U.K. stocks traded slightly higher on Thursday after two of Britani's biggest retailers reported bumper grocery sales over Christmas.
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576 days ago
CAC 40 Gains As US Inflation Data Looms
French stocks traded higher on Thursday amid renewed optimism that the U.S. Federal Reserve is going to cut interest rates in March.
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576 days ago
DAX Climbs Ahead Of US Inflation Reading
German stocks climbed on Thursday as investors awaited U.S. CPI data later in the day for clues on the Federal Reserve's rate trajectory.
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576 days ago
Asian Shares Mostly Higher As Investors Await US CPI Data
Asian stocks advanced on Thursday as investors awaited U.S. CPI data, due out later in the day for additional clues on how soon the Federal Reserve will cut interest rates this year.
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576 days ago
Bank Of Korea Holds Policy Rate Steady
The Bank of Korea decided to leave its benchmark interest rate unchanged for the eighth straight session on Thursday, but rate-setters kept the door open for policy easing amid an intensification of the real estate project financing risks. The Monetary Policy Board, led by Governor Rhee Chang-yong, unanimously decided to maintain the key base rate at 3.50 percent.
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576 days ago
Commodity Currencies Rise Amid Risk Appetite
Commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday, as Asian Share markets traded higher amid optimism about near-term rate cuts by the U.S. Fed ahead of the release of key U.S. inflation data later in the day and tomorrow, which will affect the outlook for interest rates.
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576 days ago
more news
European Economic News Preview: Italy Industrial Output Data Due
Industrial production from Italy and Spain are the major economic reports due on Thursday, headlining a light day for the European economic news. At 3.00 am ET, Spain's INE releases industrial production data for November. Production had decreased 1.5 percent annually in October.
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576 days ago
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Thursday.
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576 days ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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576 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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576 days ago
European Shares Seen Opening Up Ahead Of US CPI Data
European stocks may open on a firm note Thursday as investors await U.S. consumer price inflation data later in the day for important clues on the Federal Reserve's rate trajectory.
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576 days ago
Sensex, Nifty Edge Higher In Cautious Trade; Auto And Financials Climb
Indian shares edged up slightly in cautious trade on Thursday as investors awaited earnings from IT majors as well as the latest readings on industrial output and retail inflation for directional cues.
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576 days ago
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