Unemployment from Germany and flash inflation from the euro area are the top economic news due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis publishes Germany's unemployment figures for October. At 2.45 am ET, France's statistical office INSEE is scheduled to release flash consumer prices and detailed quarterly national accounts.
RTTNews | 5h 59min ago
Indian shares opened a tad higher on Wednesday, despite mixed global cues and anxiety ahead of Fed Chair Jerome Powell's speech later in the day.
RTTNews | 7h 40min ago
Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from global markets overnight, as traders remain cautious ahead of key economic events that are likely to affect the outlook for interest rates. The first decrease in new Covid infections in more than a week in China is generating some positive sentiment. Asian Markets closed mostly higher on Tuesday.
RTTNews | 8h 41min ago
The Japanese stock market is significantly lower on Wednesday, extending the losses in the previous three sessions, with the Nikkei 225 falling below the 27,900 level, following the mixed cues from global markets overnight, with weakness in technology and financial stocks. Release of domestic data showing a sharper-than-expected dip in industrial production also weighed on market sentiment.
RTTNews | 9h 28min ago
The Thai stock market on Tuesday wrote a finish to the two-day slide in which it had slipped almost 8 points or 0.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,625-point plateau although it may tick lower again on Wednesday.
RTTNews | 9h 29min ago
Indian shares may struggle for direction on Wednesday, as investors await Fed Chair Jerome Powell's speech at a Brookings Institution event later today for additional clues about his thinking on inflation and interest-rate hikes. Benchmark indexes Sensex and Nifty rose around 0.3 percent each on Tuesday to extend gains for a sixth straight session, while the rupee closed marginally lower at 81.72 per dollar.
RTTNews | 9h 29min ago
The Indonesia stock market has finished lower in three straight sessions, slipping more than 65 points or 0.9 percent along the way. The Jakarta Composite Index now rests just above the 7,010-point plateau although it may find traction on Wednesday.
RTTNews | 9h 59min ago
The manufacturing sector in China continued to contract in November, and at a faster pace, the latest survey from the National Bureau of Statistics revealed on Wednesday with a manufacturing PMI score of 48.0.
RTTNews | 10h 6min ago
The Australian stock market pares early losses to be modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying below the 7,300 level, following the mixed cues from global markets overnight, with particular strength in mining stocks amid improving base metal prices, partially offset by weakness in energy stocks.
RTTNews | 10h 32min ago
The Hong Kong stock market on Tuesday halted the two-day losing streak in which it had slumped more than 360 points or 2.1 percent. The Hang Seng Index now sits just above the 18,200-point plateau although investors may cash in on Wednesday.
RTTNews | 10h 44min ago
The China stock market has alternated between positive and negative finishes through the last four days since the end of the two-day winning streak in which it had picked up almost a dozen points or 0.4 percent. The Shanghai Composite Index now rests just shy of the 3,150-point plateau although it's expected to open under pressure again on Wednesday.
RTTNews | 10h 59min ago
The value of construction work done in Australia was up a seasonally adjusted 2.2 percent on quarter in the third quarter of 2022, the Australian Bureau of Statistics said on Wednesday - coming in at A$54.787 billion.
RTTNews | 11h 12min ago