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Berita Forex
Canadian Market Modestly Lower In Cautious Trade
Canadian stocks are turning in a mixed performance Wednesday afternoon with investors digesting recent economic data from the U.S., and the Federal Reserve's decision to hold rates steady, pausing after hiking rates in the previous ten meetings.
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700 hari yang lalu
Fed Leaves Interest Rates Unchanged But Forecasts Further Increases
Following ten consecutive interest rate hikes, the Federal Reserve on Wednesday announced its widely expected decision to pause its rate increases. The Fed said it has decided to maintain the target range for the federal funds rate at 5 to 5.25 percent, marking the first time the central bank has left rates unchanged since January 2022.
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700 hari yang lalu
Swiss Market Ends Weak
The Switzerland stock market ended weak on Wednesday, bucking the positive trend seen across Europe.
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700 hari yang lalu
European Stocks Close Higher On Strong Economic Data
European stocks closed higher on Wednesday thanks to encouraging data from Germany and the U.K., and on hopes the Federal Reserve will pause its interest rate hikes after data showed a moderation in U.S. consumer price inflation in the month of May.
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700 hari yang lalu
U.S. Dollar Down As Producer Inflation Drops Before Fed Announcement
The U.S. dollar fell against its major counterparts in the New York session on Wednesday, as the nation's producer prices decreased more than expected in May, cementing hopes of a rate pause by the Federal Reserve when it announces its monetary policy decision later in the day.
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700 hari yang lalu
U.S. Producer Prices Dip More Than Expected In May, Annual Growth Extends Slowdown
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. The Labor Department said its producer price index for final demand fell by 0.3 percent in May after inching up by 0.2 percent in April. Economists had expected producer prices to edge down by 0.1 percent.
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700 hari yang lalu
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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700 hari yang lalu
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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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700 hari yang lalu
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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700 hari yang lalu
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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700 hari yang lalu
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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700 hari yang lalu
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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700 hari yang lalu
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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700 hari yang lalu
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