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FTSE 100 Edges Lower Ahead Of FOMC Minutes
U.K. stocks edged lower on Wednesday as investors looked ahead to the release of Federal Reserve's December meeting minutes later in the day to gauge the rate hike trajectory.
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CAC 40 Slips Into Red As Investors Await FOMC Minutes
French stocks traded lower on Wednesday as Fed rate cut optimism faded and bond yields rebounded ahead of key U.S. economic data and the release of FOMC minutes that could provide further clues on the Federal Reserve's rate path.
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DAX Little Changed With Labor Market Data In Focus
German stocks were little changed on Wednesday after the release of latest labour market data. Destatis reported that Germany's unemployment remained unchanged in November.
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Asian Shares Decline As Yields Rise On Rate Uncertainty
Asian stocks retreated on Wednesday as an uptick in Treasury yields amid fading optimism about early rate cuts triggered a selloff in technology stocks.
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Antipodean Currencies Slide Amid Risk Aversion
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Wednesday amid risk aversion, following the mostly negative cues from global markets overnight, as major currencies in the region were hit by a stronger U.S. dollar. Technology stocks are bearing the brunt after Barclays cut the iPhone maker Apple's rating to underweight and trimmed its price target.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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more news
European Economic News Preview: Germany Unemployment Data Due
Unemployment from Germany and Spain are the major reports due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Turkish Statistical Institute publishes consumer and producer prices for December. Inflation had surged to 61.98 percent in November from 61.36 percent in October.
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European Shares Set To Drop As Investors Await Fed Minutes
European stocks are likely to open on a tepid note Wednesday as investors keep a wary eye on movements in bond markets for directional cues.
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Sensex, Nifty Edge Lower As IT And Metal Stocks Drag
Indian shares opened lower on Wednesday as Fed rate cut optimism faded and investors looked for cues from this week's Fed minutes and U.S. jobs data.
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Asian Markets Mostly Lower
Asian stock markets are mostly lower on Wednesday, following the mostly negative cues from global markets overnight, as major currencies in the region were hit by a stronger US dollar. Technology stocks are bearing the brunt after Barclays cut the iPhone maker Apple's rating to underweight and trimmed its price target. Asian markets closed mixed on Tuesday.
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Sensex, Nifty Set To Drift Lower On Weak Global Cues
Indian shares are likely to open on a downbeat note Wednesday, tracking downbeat cues from global markets.
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Rally May Stall For Thai Stock Market
The Thai stock market has moved higher in back-to-back sessions, gaining almost 25 points or 1.6 percent along the way. The Stock Exchange of Thailand now rests just shy of the 1,435-point plateau although it's expected to run out of steam on Wednesday.
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