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Asian Shares See Cautious Gains Ahead Of Fed Decision
Asian stocks advanced on Wednesday even as a cautious undertone prevailed ahead of the U.S FOMC meeting outcome later in the day.
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965 days ago
Austria Inflation Climbs To 11.1%
Austria's consumer price inflation accelerated for the first time in four months in January, driven by strong increase in household energy prices, preliminary figures from Statistics Austria in Vienna showed Wednesday. The consumer price index, or CPI, rose 11.1 percent year-on-year following a 10.2 percent increase in December.
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965 days ago
UK BRC Shop Price Inflation Hits Record 8.0%
UK shop price inflation hit a record high in January as retailers offered fewer discounts amid rising input costs, data published by the British Retail Consortium showed Wednesday. The BRC- NielsenIQ shop price index rose 8.0 percent on a yearly basis in January following a 7.3 percent gain in December.
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965 days ago
India Manufacturing Growth Remains Strong
India's factory activity continued to expand strongly at the start of the year despite slower rises in new orders and output amid weaker foreign demand, results of the purchasing managers' survey from S&P Global showed on Wednesday. The manufacturing Purchasing Managers' Index, or PMI, dropped to 55.4 in January from December's recent high of 57.8.
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965 days ago
Boeing Delivers Its Final 747 Jumbo Jet
Boeing has delivered its final 747 jumbo jet, bringing to a close more than 50 years of its production, to Atlas Air Worldwide, the largest operator of the widebody jet called as the "Queen of the Skies." The aerospace and defense major and Atlas Air joined thousands of people to celebrate the delivery of the final 747-8 Freighter at the Everett factory, where 747 began its journey in 1967.
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965 days ago
European Economic News Preview: Eurozone Flash HICP, Unemployment Data Due
Flash consumer prices, unemployment and final manufacturing Purchasing Managers' survey results from the euro area are the top economic news due on Wednesday. At 2.00 am ET, UK Nationwide house price data is due. House price inflation is forecast to ease to 1.9 percent in January from 2.8 percent in December.
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965 days ago
European Shares To Open On Steady Note Ahead Of Fed Decision
European stocks are seen opening on a steady note Wednesday as investors await the Federal Reserve's interest-rate decision later in the day.
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966 days ago
more news
China Manufacturing Sector Shrinks Moderately
China's manufacturing sector shrank at a slower pace in January as the downturns in output and new orders softened, survey results from S&P Global revealed Wednesday. The Caixin manufacturing Purchasing Managers' Index rose to 49.2 from 49.0 in December.
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966 days ago
Sensex, Nifty Open Higher Ahead Of Union Budget
Indian shares opened on a positive note Wednesday ahead of the Union Budget presentation and the Federal Reserve meeting.
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966 days ago
Asian Markets Mostly Higher Ahead Of Fed Decision
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, with traders remaining cautious ahead of the US Fed rate decision and accompanying statement later in the day. The central bank will likely slow the pace of its monetary policy tightening and raise interest rate by only 25 basis points to a range of 4.5 to 4.75 percent.
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966 days ago
Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Wednesday, recouping the losses in the previous session, with the Nikkei 225 moving above the 27,400 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors, led by strong gains in technology and financial stocks.
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966 days ago
Sensex, Nifty Seen Up At Open On Wall Street Cues
Indian shares are likely to open higher on Wednesday, though volatility cannot be ruled out ahead of the Union Budget presentation, the Fed meeting outcome and the release of quarterly reports from the major tech players in the United States.
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966 days ago
Thai Stock Market Tipped To Open In The Green
The Thai stock market has finished lower in two straight sessions, sliding almost 10 points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,670-point plateau although it's expected to open higher on Wednesday.
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966 days ago
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