Japan Inflation Data Due On Friday
(RTTNews) - Japan will on Friday release March national figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In February, overall inflation was flat on month and up 2.8 percent on year, while core CPI also rose an annual 2.8 percent.
Malaysia will see Q1 numbers for gross domestic product and March data for imports, exports and trade balance. In the previous three months, GDP was up 3.0 percent on year; in February, imports were up 8.4 percent on year and exports fell an annual 0.8 percent for a trade surplus of MYR10.90 billion.
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M&S Stock Up On Higher FY24 Results, Dividend, Outlook
Shares of Marks and Spencer Group Plc or M&S were gaining more than 7 percent in the morning trading in London after the retail major reported Wednesday significantly higher profit and sales in its fiscal 2024. The company also announced a dividend, and said it is confident to make further progress in 2025 and beyond.
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4g 15 minut temu
European Shares Slip After UK Inflation Data
European stocks declined on Wednesday due to uncertainty over the rate outlook and amid caution ahead of Nvidia's earnings release.
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4g 45 minut temu
FTSE 100 Slides As Inflation Slows Less Than Forecast
U.K. stocks declined on Wednesday while the British pound strengthened against other major currencies after data showed that U.K. consumer price inflation slowed less than expected in April, raising uncertainty over a possible rate cut in June.
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4g 57 minut temu
CAC 40 Dips Ahead Of Fed Minutes
French stocks edged lower on Wednesday as investors awaited AI chip leader Nvidia's earnings and the release of minutes of the Federal Reserve's recent meeting for direction.
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5g 8 minut temu
DAX Dips Ahead Of Nvidia's Earnings
German stocks traded lower on Wednesday due to uncertainty over the rate outlook and amid caution ahead of Nvidia's earnings release.
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5g 15 minut temu
Asian Shares Mixed As Investors Await Fed Minutes
Asian stocks ended mixed in range-bound trade on Wednesday as investors waited for cues from AI chip leader Nvidia's earnings and the release of minutes of the Federal Reserve's recent meeting.
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5g 26 minut temu
Pound Rises As U.K. Inflation Slows Less-than-expected
The British pound strengthened against other major currencies in the pre-European session on Wednesday, after data showed that U.K. consumer price inflation slowed less than expected in April, leaving a 50 percent chance of a June rate cut unchanged.
Data from the Office for National Statistics showed that the U.K. consumer price inflation weakened to the lowest since July 2021. Consumer prices rose 2.3 percent on a yearly basis in April, slower than the 3.2 percent increase in March. However, inflation was stronger than economists' forecast of 2.1 percent.
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6g 37 minut temu
Pound Rises Against Majors
The British pound strengthened against other major currencies in the pre-European session on Wednesday.
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6g 57 minut temu
