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European Economic News Preview: UK Chancellor To Present Spring Budget
UK Chancellor of the Exchequer Jeremy Hunt is set to deliver the Spring Budget 2023 on the parliament on Wednesday. Hunt is set to outline the tax and spending plans of the government for the year ahead. The announcement is due at 8.30 am ET. At 3.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for February. Prices had increased 10.6 percent annually in January.
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852 일 전
Australian Dollar Rises Amid Risk Appetite
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as investor sentiment improved after data showed a drop in U.S. consumer prices in February, allaying fears of an accelerated rate hike from the U.S. Fed.
The assurance from the U.S. regulators that there won't be a relapse of the financial crisis from 15 years ago following the collapse of U.S. lender Silicon Valley Bank over the weekend also helped lift sentiment.
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852 일 전
FDA Authorizes Bivalent Pfizer Covid Vaccine As Booster Dose For Select Children Under 5
The U.S. Food and Drug Administration has authorized bivalent Pfizer-BioNTech covid-19 vaccine as booster dose for certain children 6 months through 4 years of age. In a statement, the health regulator said it has amended the emergency use authorization or EUA of the Pfizer-BioNTech COVID-19 Vaccine, Bivalent. According to the agency, children 6 months through 4 years of age who completed ...
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852 일 전
European Shares Seen Opening On Steady Note
European stocks may open higher on Wednesday as worries about SVB contagion and inflation eased.
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852 일 전
Sensex, Nifty Follow Global Peers Higher
Indian shares opened higher on Wednesday, as worries abated over contagion in the U.S. banking sector and in-line inflation data cooled expectations regarding the size of the rate hike at next week's FOMC meeting.
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852 일 전
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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852 일 전
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.
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852 일 전
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Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as data showing a drop in US consumer prices in February contributed significantly to the positive mood in the market, allaying fears of an accelerated rate hike from the US Fed.
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852 일 전
Sensex, Nifty Set To Rebound As Wall Street Climbs
Indian shares look set to open on a positive note Wednesday on optimism of contagion risk from Silicon Valley Bank being contained and bets on a smaller interest-rate hike by the Fed next week.
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852 일 전
Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Wednesday, extending the losses in the previous three sessions, with the Nikkei 225 moving a tad above the 27,300 level, following the broadly positive cues from global markets overnight, aided by the recovery in financial and technology stocks after the two-day rout in the sectors amid the collapse of US lender Silicon Valley Bank over the weekend.
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852 일 전
Thai Stock Market Overdue For Support On Wednesday
The Thai stock market has finished lower in three straight sessions, plunging more than 90 points or 5.7percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,525-point plateau although it should finally catch a break on Wednesday.
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852 일 전
Bargain Hunting Expected For Indonesia Stock Market
The Indonesia stock market has finished lower in two of three trading days since the end of the modest two-day winning streak in which it had collected more than 30 points or 0.4 percent. The Jakarta Composite Index now sits just above the 6,640-point plateau although it's expected to move higher again on Wednesday.
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852 일 전
Hong Kong Shares May See Renewed Support
The Hong Kong stock market turned lower again on Tuesday, one session after snapping the four-day losing streak in which it had plummeted almost 1,300 points or 6.4 percent. The Hang Seng Index now sits just beneath the 19,250-point plateau although it figures to bounce higher again on Wednesday.
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852 일 전
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