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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
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373 days ago
DAX Slips After Positive Start
After opening on a positive note amid continued optimism about an interest rate cut by the Federal Reserve, the German market pared its gains and slipped into negative territory on Wednesday, with the mood turning cautious as investors await the crucial U.S. inflation data due later in the week, and the European Central Bank's monetary policy announcement on Thursday.
RTTNews
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373 days ago
Antipodean Currencies Rise Amid Risk-on Mood
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Wednesday, amid growing optimism about the outlook for interest rates after sharp downward revisions in U.S. jobs data and ahead of the release of the closely watched US inflation data later in the week. Currencies in the region also strengthened against the US dollar.
RTTNews
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373 days ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday.
RTTNews
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373 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
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373 days ago
China Falls Back Into Deflation; PPI Continues To Decline
China's consumer prices declined more than expected in August on weaker demand and producer prices continued to fall, strengthening calls for more actions to bolster domestic consumption amid slowing exports growth. The consumer price index dropped 0.4 percent from a year ago after remaining flat in July, the National Bureau of Statistics reported Wednesday. Prices were expected to fall 0.2 perc
RTTNews
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373 days ago
European Markets Seen Opening Positive On Wednesday
Stock markets in Europe are expected to open on a mildly positive note on Wednesday amidst the strong rally in Wall Street on Tuesday fueled by Fed rate cut hopes.
RTTNews
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374 days ago
more news
European Economic News Preview: Italy Industrial Output Data
Industrial production from Italy and Spain are the major economic reports due on Wednesday. At 2.00 am ET, Statistics Norway publishes consumer prices for August. In July, inflation advanced to 3.3 percent from 3.0 percent in June. At 3.00 am ET, Statistics Spain is set to issue industrial production data for July. Output had climbed 2.3 percent on a yearly basis in June.
RTTNews
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374 days ago
Sensex, Nifty Up Firmly In Positive Territory; IT Stocks Shine Again
Indian stocks are up firmly in positive territory Wednesday morning after a bright start, with technology and PSU bank stocks hogging the limelight.
Expectations of more reductions in GST rates, and reports about prospects of trade talks between India and the U.S. contribute to the positive mood in the markets.
RTTNews
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374 days ago
Australian Market Extends Early Gains In Mid-market
The Australian market is extending its early gains in mid-market moves on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews
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374 days ago
Indian Shares Likely To Open Higher
Indian shares look headed for a positive start on Wednesday, tracking global cues. Activity is likely to turn stock specific with investors reacting to corporate news. Automobile stocks may find support with several companies deciding to pass on the benefit of recent GST reduction to customers.
RTTNews
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374 days ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid growing optimism about the outlook for interest rates after sharp downward revisions in US jobs data and ahead of the release of the closely watched US inflation data later in the week. Currencies in the region also strengthened against the US dollar.
RTTNews
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374 days ago
Higher Open Called For Thai Stock Market
The Thai stock market has moved higher in three straight sessions, adding almost 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,275-point plateau and it's tipped to open in the green again on Wednesday.
RTTNews
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374 days ago
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