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DAX Edges Higher Amid Data Deluge

German stocks edged up slightly on Wednesday as investors digested the latest inflation and consumer confidence data.
RTTNews | 582 дней спустя
Pound Falls As Weak UK CPI Data Signals BoE Rate Cut

Pound Falls As Weak UK CPI Data Signals BoE Rate Cut

The British pound weakened against other major currencies in the European session on Wednesday, as U.K. consumer price inflation reached its lowest level in more than two years in November, increased bets for interest-rate cut next year by the Bank of England (BoE).
RTTNews | 582 дней спустя
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the pre-European session on Wednesday.
RTTNews | 582 дней спустя
European Shares To Open Higher On Rate Cut Expectations

European Shares To Open Higher On Rate Cut Expectations

European stocks are likely to open on a positive note Wednesday after Richmond Fed President Thomas Barkin suggested the U.S. central bank would lower interest rates if recent progress on inflation continued.
RTTNews | 582 дней спустя
European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer and producer prices from the UK and consumer sentiment survey results from Germany are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for November. Inflation is forecast to soften to 4.3 percent from 4.6 percent in October. Output prices are forecast to drop 0.5 percent annually.
RTTNews | 582 дней спустя
China Keeps Benchmark Lending Rates Unchanged

China Keeps Benchmark Lending Rates Unchanged

China's central bank maintained its benchmark lending rates on Wednesday after the rate on the medium-term lending facility was kept unchanged last week. The People's Bank of China kept the one-year loan prime rate, or LPR, unchanged at 3.45 percent. The bank had previously lowered the one-year rate by 10 basis points in August. New and outstanding loans are based on the one-year LPR.
RTTNews | 582 дней спустя
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Sensex, Nifty Gain Led By IT Stocks

Sensex, Nifty Gain Led By IT Stocks

Indian shares were moving higher in early trade on Wednesday after Wall Street extended its rally overnight on bets of interest rate cuts in 2024.
RTTNews | 582 дней спустя
Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from the global markets overnight as traders react to the continued optimism over the outlook for interest rates following the US Fed's monetary policy announcement last week. Asian markets closed mixed on Tuesday.
RTTNews | 582 дней спустя
Sensex, Nifty Seen Opening Up In Cautious Trade

Sensex, Nifty Seen Opening Up In Cautious Trade

Indian shares look set to open higher on Wednesday after the International Monetary Fund (IMF) said India's economic reforms have helped the nation become a star performer, contributing over 16 percent to global growth.
RTTNews | 582 дней спустя
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is sharply higher on Wednesday, extending the strong gains in the previous session, following the broadly positive cues from global markets overnight. The Nikkei 225 moved well above the 33,700 level, with gains across most sectors, led by index heavyweights, after the Bank of Japan left its guidance and ultra-loose monetary policy unchanged.
RTTNews | 582 дней спустя
Thai Shares Have Positive Lead For Wednesday's Trade

Thai Shares Have Positive Lead For Wednesday's Trade

The Thai stock market has finished higher in four straight sessions, gathering more than 35 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,395-point plateau and it's expected to open higher again on Wednesday.
RTTNews | 582 дней спустя
Indonesia Bourse May Again Test Resistance At 7,200 Points

Indonesia Bourse May Again Test Resistance At 7,200 Points

The Indonesia stock market bounced higher again on Tuesday, one day after ending the two-day winning streak in which it had gained more than 15 points or 0.2 percent. The Jakarta Composite Index now sits just beneath the 7,190-point plateau and it's predicted to open to the upside again on Wednesday.
RTTNews | 583 дней спустя

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