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Forex News
Australian Dollar Higher Ahead Of Fed Decision
The Australian dollar climbed against its major counterparts on Wednesday, on hopes that the Federal Reserve will moderate the pace of tightening at the conclusion of its two-day policy meeting later in the day.
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888 days ago
European Shares Hold Steady Ahead Of Central Bank Decisions
European stocks were seeing modest gains on Wednesday, as investors digested mixed manufacturing data from China and awaited interest-rate decisions from the Federal Reserve, the European Central Bank and the Bank of England for directional cues.
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888 days ago
FTSE 100 Rises Ahead Of Central Bank Decisions
U.K. stocks were seeing modest gains on Wednesday as investors looked ahead to interest-rate decisions from the Federal Reserve, the European Central Bank and the Bank of England.
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888 days ago
Novartis Stock Down On Weak Q4 Results; Sees Growth In FY23
Shares of Novartis AG were losing around 2 percent in the early morning trading in Switzerland after the drug major reported Wednesday sharply lower profit in its fourth quarter with weak sales as well as the absence of prior year's hefty Roche income. Adjusted earnings, however, topped market estimates, while top line missed their view. Further, the company announced higher dividend...
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888 days ago
CAC 40 Inches Higher On Improved China Data
French stocks were slightly higher on Wednesday after two manufacturing surveys out of China painted a positive picture of the world's second-largest economy.
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888 days ago
DAX Holds Steady Ahead Of Fed Decision
German stocks were steady on Wednesday as investors reacted to mixed manufacturing data from China and awaited the Federal Reserve's interest-rate decision later in the day for direction.
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888 days ago
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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888 days ago
more news
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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888 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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888 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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888 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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888 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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888 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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888 days ago
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