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Forex News
CAC 40 Rises Led By Banks
French stocks were slightly higher on Wednesday as investors awaited U.S. inflation data later in the day for clues on how aggressive the Federal Reserve will be in its expected interest rate hike in September.
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1063 days ago
DAX Edges Up In Cautious Trade
German stocks were slightly higher on Wednesday after data showed German consumer price inflation slowed as initially estimated in July.
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1063 days ago
Asian Shares Slide As Tech Stocks Drag
Asian stocks fell on Wednesday as risk appetite remained in check ahead of key U.S. inflation data due out later in the day that could offer clues on the Fed's next move on interest rates.
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1063 days ago
Indian Rupee Climbs To 2-day High Against U.S. Dollar
The Indian rupee appreciated against the U.S. dollar in late morning deals on Wednesday, as oil prices fell following an industry data showing an unexpected increase in U.S. crude inventories last week.
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1063 days ago
China Inflation At 2-Year High; Factory Gate Inflation Eases
China consumer price inflation accelerated to the highest in two years in July driven by pork prices, while factory gate inflation continued to ease, official data revealed Wednesday. Consumer price inflation rose to a two-year high of 2.7 percent in July from 2.5 percent in June, the National Bureau of Statistics reported. But the rate was below economists' forecast of 2.9 percent.
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1063 days ago
European Shares To See Cautious Start Ahead Of US Inflation Data
European stocks are seen opening little changed on Wednesday as investors await key U.S. consumer inflation data later in the day, which could impact the outlook for interest rates.
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1063 days ago
European Economics Preview: Germany Final Inflation Data Due
Final consumer price data from Germany is due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's final consumer and harmonized index of consumer prices for July. According to flash estimate, consumer price inflation eased slightly to 7.5 percent from 7.6 percent in June.
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1063 days ago
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Sensex, Nifty Slip Ahead Of US Inflation Data
Indian shares opened on a sluggish note Wednesday as investors awaited the release of U.S. inflation data later in the day for cues on the Fed's policy tightening path.
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1063 days ago
Asian Markets Mostly Lower Amid Cautious Trades
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, with technology stocks tumbling to mirror their peers on the tech-heavy Nasdaq. Traders also make their moves cautiously ahead of the release of crucial U.S. inflation data later in the day, which could impact the outlook for interest rates.
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1063 days ago
Sensex, Nifty Set To Follow Global Peers Lower Ahead Of US Inflation Data
Indian shares look set to open a tad lower on Wednesday as investors eye U.S. inflation data due later in the day for clues on the Fed's next move.
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1063 days ago
Winning Streak Expected To End For Thai Stock Market
The Thai stock market has climbed higher in five straight sessions, gathering almost 30 points or 1.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,620-point plateau although it may run out of steam on Wednesday.
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1063 days ago
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Wednesday, extending the losses in the previous session, with the Nikkei 225 above the 27,800 level, following the broadly negative cues from Wall Street overnight, dragged down by tumbling technology stocks, which mirrored their peers on the tech-heavy Nasdaq. Traders also remain cautious ahead of the release of crucial U.S. inflation data.
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1063 days ago
Indonesia Stock Market Expected To Open Under Pressure
The Indonesia stock market has finished higher in seven straight sessions, rising almost 150 points or 2.2 percent along the way. The Jakarta Composite Index now sits just above the 7,100-point plateau although it's overdue for consolidation on Wednesday.
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1063 days ago
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