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CAC 40 Slips Nearly 1%; LVMH Tumbles 7% On Weak Outlook
The French equity index CAC 40 tumbled on Wednesday with stocks from across several sectors going down on selling pressure as investors assessed the recent developments on the trade front, and awaited the Federal Reserve's monetary policy announcement due later in the day.
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227 days ago
DAX Turns Weak After Positive Start; Infineon Rises Over 6%
After moving higher early on in the session thanks to gains in technology stocks, the German market retreated Wednesday morning with investors turning cautious ahead of the Federal Reserve's monetary policy announcement due later in the day.
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227 days ago
Indian Shares Extend Gains On EU Trade Deal
Indian shares rose notably on Wednesday, extending gains from the previous session after the announcement of a free trade agreement (FTA) between India and the European Union (EU).
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227 days ago
German Consumer Sentiment To Improve In February
German consumer confidence is set to improve in February, driven by strong rebounds in income expectations and willingness to buy, survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Wednesday. The forward-looking consumer climate indicator rose more-than-expected to -24.1 from -26.9 in January. The score was expected to climb to -25.5 in February.
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227 days ago
European Shares Subdued As Dollar Extends Slide Ahead Of Fed Decision
European stocks were subdued on Wednesday after two days of gains. A cautious undertone prevailed ahead of the U.S. Federal Reserve's policy decision and earnings from major tech companies.
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227 days ago
Asian Shares Mixed Ahead Of Fed Decision, Tech Earnings
Asian stocks turned in a mixed performance on Wednesday ahead of the U.S. Federal Reserve's interest-rate decision and earnings from mega-cap tech earnings.
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227 days ago
Australian Dollar Rises As Upbeat CPI Data Spurs RBA Rate Hike
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as Australia's upbeat inflation fueled bets of an increase in Reserve Bank interest rates next week.
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227 days ago
more news
Australia Inflation Rises To 3.8%
Australia's consumer price inflation accelerated in December on housing and food prices, the Australian Bureau of Statistics said Wednesday. The consumer price index logged an annual growth of 3.8 percent in December, following November's 3.4 percent rise. Inflation was expected to rise marginally to 3.5 percent.
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227 days ago
European Shares Seen Mixed At Open
European stocks are seen opening on a mixed note Wednesday as investors await cues from the Fed's policy decision and tech earnings.
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227 days ago
Indian Shares Extend Gains After Landmark EU Trade Deal
Indian shares opened on a positive note Wednesday, extending gains from the previous session after the announcement of a free trade agreement (FTA) between India and the European Union (EU).
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227 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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227 days ago
Australian Market Slips To Modest Losses In Mid-market
The Australian stock market is slipping to modest losses in mid-market moves on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 falling well below the 8,950 level, following the mixed cues from Wall Street overnight, with gains in gold miners and energy stocks amid spiking commodity prices, partially offset by weakness in financial and technology stocks.
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227 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar fell against its major counterparts in the New York session on Tuesday.
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227 days ago
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