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DAX Rises On Powell Comments

German stocks were seeing modest gains on Wednesday after Federal Reserve Chair Jerome Powell said that "disinflation has begun" but is going to take time.
RTTNews | 932 дней спустя
India Softens Pace Of Monetary Policy Tightening Amid Slowing Inflation

India Softens Pace Of Monetary Policy Tightening Amid Slowing Inflation

India's central bank softened its pace of monetary policy tightening after inflation returned to the target band and the economy continued to remain resilient despite risks emanating from external environment. At the end of its three-day monetary policy meeting, the Monetary Policy Committee of the Reserve Bank of India decided to raise the policy repo rate by 25 bps to 6.50 percent.
RTTNews | 932 дней спустя
European Economic News Preview: Italy Retail Sales Data Due

European Economic News Preview: Italy Retail Sales Data Due

Retail sales data from Italy is the major statistical report due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Sweden is scheduled to release industrial output, new orders and household consumption data for December.
RTTNews | 932 дней спустя
Sensex, Nifty Gain Ahead Of RBI Meet

Sensex, Nifty Gain Ahead Of RBI Meet

Indian shares traded higher on Wednesday, tracking firm global cues and ahead of the RBI's interest-rate decision scheduled to be announced later in the day.
RTTNews | 932 дней спустя
Asian Markets Mixed On Powell Remarks

Asian Markets Mixed On Powell Remarks

Asian stock markets are trading mixed on Wednesday, following the positive cues from Wall Street overnight, in reaction to US Federal Reserve Chair Jerome Powell's remarks at the Economic Club of Washington that he expects 2023 to be a year of "significant declines in inflation." He also cautioned that interest rates could rise more than markets expect if the economic data doesn't cooperate.
RTTNews | 932 дней спустя
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Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is significantly lower on Wednesday after opening in the green, extending the slight losses in the previous session, with the Nikkei 225 falling to stay just above the 27,500 level, despite the broadly positive cues from Wall Street overnight, dragged by sharp losses at index heavyweights SoftBank Group and Nintendo.
RTTNews | 932 дней спустя
Thai Stock Market Tipped To End Losing Streak

Thai Stock Market Tipped To End Losing Streak

The Thai stock market has finished lower in two straight sessions, slipping almost 8 points or 0.5 percent along the way. The Stock Exchange of Thailand now rests just above the 1,680-point plateau although it may stop the bleeding on Wednesday.
RTTNews | 932 дней спустя
Indonesia Stock Market Set To Extend Tuesday's Gains

Indonesia Stock Market Set To Extend Tuesday's Gains

The Indonesia stock market rebounded on Tuesday, one day after ending the three-day winning streak in which it had picked up more than 70 points or 1.1 percent. The Jakarta Composite Index now rests just above the 6,935-point plateau and it's likely in store for more support on Wednesday.
RTTNews | 932 дней спустя
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 7,500 levels, following the broadly positive cues from Wall Street overnight, as traders reacted positively to US Federal Reserve Chair Jerome Powell's remarks that disinflation has begun in 2023.
RTTNews | 932 дней спустя
Hong Kong Stock Market Has Solid Lead For Wednesday's Trade

Hong Kong Stock Market Has Solid Lead For Wednesday's Trade

The Hong Kong stock market on Tuesday ended the three-day losing streak in which it had plunged more than 840 points or 3.8 percent. The Hang Seng Index now sits just beneath the 21,300-point plateau and it's expected to open higher again on Wednesday.
RTTNews | 932 дней спустя

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