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Swiss Govt Sees "Well Below Average Growth" Next Year
The Swiss economy is set to register well below average growth in 2024 as the weaker momentum in the euro area hurts Swiss exports and higher financing cost curbs investment, the State Secretariat for Economic Affairs, or SECO, said Wednesday. In the economic forecast, the expert group of the SECO said gross domestic product will grow 1.3 percent this year.
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623 일 전
European Shares Log Modest Gains As Investors Await Fed Verdict
European stocks rose slightly on Wednesday ahead of Eurozone industrial production data for October and the Federal Reserve's interest-rate decision due later in the session.
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623 일 전
FTSE 100 Rises As Pound Weakens After GDP Data
U.K. stocks rose on Wednesday and the British pound weakened after data showed the U.K. economy contracted in October on widespread declines across services, production and construction sectors.
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623 일 전
CAC 40 Gains Ahead Of Central Bank Meetings
French stocks rose on Wednesday as investors looked ahead to this year's final policy decision from the Federal Reserve later in the day for additional clues on the Fed's rate trajectory.
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623 일 전
DAX Marginally Higher Ahead Of Fed Decision
German stocks were seeing marginal gains in cautious trade on Wednesday ahead of Eurozone industrial production data for October and the Federal Reserve's interest-rate decision due later in the session.
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623 일 전
Asian Shares Mixed As Investors Await Powell's Comments
Asian stocks turned in a mixed performance on Wednesday after data showed U.S. inflation remained stubborn enough to thwart any Federal Reserve rate cuts soon.
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624 일 전
NZ Dollar Falls As Asian Shares Traded Lower
The New Zealand dollar weakened against other major currencies in the late Asian session on Wednesday, as Asian stock markets traded lower, despite the broadly positive cues from Wall Street overnight. Traders seem reluctant to make significant moves ahead of the U.S. Fed's final monetary policy announcement this year later in the day.
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624 일 전
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NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the late Asian session on Wednesday.
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624 일 전
European Shares Set For Cautious Start Ahead Of Fed Decision
European stocks may open broadly lower on Wednesday as investors await the Federal Reserve's rate announcement later in the day.
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624 일 전
European Economic News Preview: UK GDP Data Due
Monthly GDP and foreign trade from the UK and industrial production from the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK GDP and foreign trade figures for October. GDP is forecast to remain flat on month after rising 0.2 percent in September.
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624 일 전
Sensex, Nifty Fall On Fed Worries
Indian shares were slightly lower on Wednesday as investors digested lackluster U.S. inflation data and awaited the final Federal Reserve decision of the year.
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624 일 전
Asian Markets Mostly Lower
Asian stock markets are mostly lower on Wednesday, despite the broadly positive cues from Wall Street overnight. Traders seem reluctant to make significant moves ahead of the US Fed's final monetary policy announcement this year later in the day. US data showing persisting inflationary pressures reinforced the view that the Fed is unlikely to cut interest rates anytime soon.
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624 일 전
Japanese Market Notably Higher
The Japanese stock market is notably higher on Wednesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 moved above the 33,000 mark, with gains across most sectors, led by exporters, financial and technology stocks.
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624 일 전
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