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FTSE 100 Climbs As Inflation Slows Unexpectedly
U.K. stocks rose notably on Wednesday and the British pound weakened against other major currencies after data showed the U.K. consumer price inflation slowed unexpectedly in August.
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673 days ago
China Holds Benchmark Lending Rates Steady
The People's Bank of China kept its benchmark lending rates unchanged on Wednesday after recent economic data suggested that the series of easing measures eventually started to provide positive impetus to the economy. After a 10 basis-point reduction in August, the one-year loan prime rate, or LPR, was kept unchanged at 3.45 percent.
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673 days ago
CAC 40 Inches Higher As Banks Climb Ahead Of Fed Decision
French stocks were moving higher on Wednesday as investors await the FOMC interest-rate decision later in the day.
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673 days ago
DAX Gains As Producer Prices Decline At Record Pace
German stocks advanced on Wednesday after preliminary data from Destatis showed German producer prices declined at a record pace in August mainly due to the base effect caused by the very high price level of the previous year.
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673 days ago
Asian Shares Decline As Investors Await Fed Decision
Asian stocks declined on Wednesday, as investors awaited the Fed's monetary policy decision, the summary of economic projections and the updated quarterly rate projections — known as the dot plot —at the conclusion of a two-day policy meeting later in the day.
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673 days ago
Sterling Slumps As U.K. Inflation Slows Unexpectedly
The British pound weakened against other major currencies in the European session on Wednesday, after data showed that the U.K. consumer price inflation slowed unexpectedly in August.
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673 days ago
Boeing Sees China Needing 8,560 New Commercial Airplanes In 20 Years
Aerospace major Boeing projects that China will need 8,560 new commercial airplanes through 2042, and that the country will also account for 20 percent of the world's airplane deliveries in the next two decades. The forecast is based on China's significant economic growth well above the global average and fast growing demand for domestic air travel.
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673 days ago
more news
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
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673 days ago
NZ Dollar Rises As Global Dairy Prices Lifts
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday after the global milk price rose in this month's second Global Dairy Trade (GDT) auction held overnight.
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673 days ago
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices data from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is set to publish UK consumer and producer prices for August. Economists forecast inflation to rise to 7.0 percent from 6.8 percent in July.
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673 days ago
European Shares To See Cautious Start Ahead Of Fed Decision
European stocks may open on a cautious note Wednesday as investors await the U.S. Federal Reserve's monetary policy announcement later in the day.
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673 days ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
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673 days ago
Sensex, Nifty Open Lower; HDFC Bank Shares Tumble Over 3%
Indian shares opened lower on Wednesday, tracking weak cues from global markets and amid concerns over rising oil prices.
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673 days ago
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