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U.S. Producer Prices Decrease More Than Expected In May
Producer prices in the U.S. decreased by more than expected in the month of May, according to a report released by the Labor Department on Wednesday.
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722 days ago
Pound Higher As European Shares Climb Ahead Of Fed Decision
The pound appreciated against its major rivals in the European session on Wednesday, as Fed pause hopes and encouraging data from Germany and the U.K. underpinned sentiment.
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722 days ago
Eurozone Industrial Production Rebounds In April
Eurozone industrial output rebounded in April underpinned by a strong bounce-back in capital goods production, data released by Eurostat showed on Wednesday. Industrial production posted a monthly increase of 1.0 percent, as expected, but reversed the revised 3.8 percent decrease in March.
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722 days ago
Bay Street Likely To Open Higher; Fed Policy In Focus
Canadian shares are likely to open on a positive note Wednesday morning, tracking firm European stocks and higher crude oil prices.
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722 days ago
India Wholesale Price Inflation Sinks Deeper Into Negative Territory
India's wholesale price inflation was negative for a second month in a row and prices decreased more than expected from a year ago, suggesting that inflationary pressures are set to ease in the months ahead and give more space for the central bank to maintain a pause in the monetary policy tightening.
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722 days ago
UK Economy Recovers On Services Output
The UK economy grew in April as declines in production and construction were offset by the services output growth, official data revealed on Wednesday. Real gross domestic product grew 0.2 percent in April, in contrast to the 0.3 percent contraction in March, the Office for National Statistics reported. The monthly growth matched economists' expectations.
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722 days ago
Sensex, Nifty Extend Gains For Third Day On Fed Pause Hopes
Indian shares rose for a third consecutive session on Wednesday after overnight data showed U.S. consumer price inflation barely rose in May, reinforcing expectations the Federal Reserve would skip a rate hike later in the day.
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722 days ago
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European Shares Gain Ahead Of Fed Decision
European stocks traded higher on Wednesday, with Fed pause hopes and encouraging data from Germany and the U.K. helping underpin sentiment.
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722 days ago
FTSE 100 Inches Higher After GDP Data
U.K. stocks edged higher on Wednesday after data showed retailers and the film industry helped Britain's economy inch higher in April as expected.
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722 days ago
CAC 40 Rises As Eurozone Industrial Output Improves
French stocks rose notably on Wednesday as signs of moderating U.S. inflation helped reinforce bets that the Federal Reserve would pause its rate hikes after a two-day policy meeting ending later in the day.
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722 days ago
DAX Rises On Fed Policy Optimism
German stocks advanced on Wednesday amid expectations of the U.S. Federal Reserve leaving interest rates unchanged after a two-day policy meeting later in the day.
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722 days ago
Asian Shares Mixed Ahead Of Fed Decision
Asian stocks ended mixed on Wednesday after overnight data showed U.S. consumer price inflation barely rose in May, reinforcing expectations the Federal Reserve would skip a rate hike later in the day.
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722 days ago
European Shares May See Cautious Start As Investors Await Fed Decision
European stocks may open on a cautious note Wednesday as investors look ahead to the Federal Reserve's much-awaited policy decision later in the day.
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722 days ago
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