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CAC 40 Inches Higher As Investors Await US Inflation Data
French stocks opened higher on Tuesday, the dollar declined, and bond yields eased as investors remained convinced that key U.S. inflation data due later in the day would show an easing in price pressures on an annual basis.
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952天前
DAX Edges Higher Ahead Of US Inflation Data
German stocks opened slightly higher on Tuesday amid expectations that key U.S. inflation data for January due later in the day will show downward pressure on prices year-on-year.
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952天前
Walmart To Close Three Tech Hubs, Urges Employees To Return To Offices
Walmart Inc. plans to close three of its 11 U.S. technology hubs, asking employees to relocate to other locations, the Wall Street Journal reported citing an internal memo. The retail major would also require nearly all technology employees to return to their offices for at least two days a week, while some roles may be converted into remote positions.
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952天前
Japanese Yen Higher As Ueda Nominated To Be BoJ Governor
The Japanese yen advanced against its major counterparts on Tuesday, following the nomination of Kazuo Ueda as the next governor of the Bank of Japan.
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952天前
Asian Shares Advance As Investors Await U.S. Inflation Data
Asian stocks rose on Tuesday, the dollar slipped, and Treasury bond yields remained pressured as investors remained convinced that key U.S. inflation data due later in the day would show an easing in price pressures on an annual basis.
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952天前
Australia Consumer Sentiment Weakens Sharply: Westpac
Australia's consumer sentiment declined sharply in February to near historic lows seen last year due to the cost of living pressures and interest rate hikes, survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute consumer sentiment index fell 6.9 percent to 78.5 in February from 84.3 in January.
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952天前
European Economic News Preview: UK Unemployment Data Due
The labor market statistics from the UK and flash quarterly national accounts from the euro area are the top economic news due on Tuesday. At 1.30 am ET, France's statistical office INSEE is set to release quarterly unemployment data. The jobless rate is seen unchanged at 7.3 percent in the fourth quarter.
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952天前
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Australia Business Confidence & Conditions Strengthen In January
Australia's business confidence and conditions improved in January signaling that the economy remained resilient to headwinds from inflation and higher interest rates, survey results from National Australia Bank showed on Tuesday. The business confidence index rose to +6 in January from zero in December. Following two months of rebound, confidence turned positive.
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952天前
European Shares Seen Flat To Slightly Lower With Focus On US Inflation
European stocks may open broadly lower on Tuesday as investors await the all-important U.S. consumer price inflation report later in the day, which could impact the outlook for interest rates.
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952天前
Daiso California Recalls Certain Prepackaged Snacks
La Mirada, California-based Daiso California LLC is recalling certain prepackaged snacks due to undeclared allergen ingredients, the U.S. Food and Drug Administration said. The products contain milk, soy, wheat, or tree nuts, such as almonds, cashew, or coconut. The recall was initiated after it was discovered that packaging did not adequately disclose the presence of all allergens.
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952天前
Sensex, Nifty Open Higher Led By IT Stocks
Indian shares opened a tad higher in cautious trade on Tuesday, with IT stocks pacing the gainers.
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952天前
Asian Markets Track Global Markets Higher
Asian stock markets are mostly higher on Tuesday, following the broadly positive cues from global markets overnight, as traders picked up stocks at reduced levels after last week's weakness. They also remain cautious and continued to refrain from creating fresh long positions ahead of the release of the closely watched report on US consumer price inflation later in the day.
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952天前
Thai Stock Market Due For Continued Support On Tuesday
The Thai stock market on Monday wrote a finish to the five-day losing streak in which it had dropped more than 25 points or 1.5 percent. The Stock Exchange of Thailand now rests just beneath the 1,665-point plateau and it's likely to open higher again on Tuesday.
The global forecast for the Asian markets is positive on optimism over the outlook for interest rates. The European and U.S. markets finished firmly higher and the Asian bourses are expected to open in similar fashion.
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952天前
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