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Sensex Rises Over 300 Points; Nifty Ends Above 23,400
Indian shares eked out modest gains on Wednesday despite weak cues from other Asian and European market due to escalating U.S.-China trade tensions.
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Eurozone Inflation Eases As Estimated
Eurozone inflation slowed in March, as initially estimated, as energy prices declined for the first time in four months and services inflation softened for the third straight month. The harmonized index of consumer prices climbed 2.2 percent on a yearly basis in March, slightly slower than the 2.3 percent rise in February, final data from Eurostat showed on Wednesday.
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U.S. Dollar Falls As U.S. Recession Fears, Fed Rate Cut Bets
The U.S. dollar weakened against other major currencies in the early European session on Wednesday, amid declining confidence in the U.S. economy and rising speculations that the Federal Reserve (Fed) will shortly start a new cycle of rate cuts.
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ASML Shares Hit On Weak Profit, Bookings In Q1, Tariff Uncertainty
Shares of ASML Holding N.V. were losing around 5 percent in the early morning trading in Amsterdam as well as around 4 percent in pre-market activity on the Nasdaq Stock Exchange, after the Dutch semiconductor equipment maker reported Wednesday lower profit and revenues in its first quarter, along with weak net bookings, despite margin growth. Further, the company projects increased uncertainty...
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UK Inflation Slows To 2.6%
UK consumer price inflation weakened more than expected to a three-month low in March ahead of an increase in energy bills in April, the Office for National Statistics said on Wednesday. Consumer prices registered an annual growth of 2.6 percent, slower than the 2.8 percent increase in February. Prices were forecast to climb 2.7 percent.
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531 hari yang lalu
European Shares Decline On Tariff Worries
European stocks traded lower on Wednesday as ASML warned of increasing uncertainty around its outlook for 2025 and 2026 and Nvidia said it would incur $5.5 billion in charges due to new U.S. export controls.
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Asian Shares Fall As Trade Tensions Weigh
Asian stocks ended mostly lower on Wednesday despite China's GDP growth and other key economic data coming in above estimates.
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Berita lainnya
China Economic Growth Beats Expectations
China's economy logged stronger-than-expected growth in the first quarter as fiscal support helped to boost domestic demand but escalating trade tariff threats damps the outlook. Gross domestic product grew 5.4 percent year-on-year, data published by the National Bureau of Statistics revealed on Wednesday. This was better than economists' forecast of 5.1 percent.
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531 hari yang lalu
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the early European session on Wednesday.
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531 hari yang lalu
European Shares Seen Lower As Trade Concerns Persist
European stocks are likely to open lower on Wednesday after chip major Nvidia said it would take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China.
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531 hari yang lalu
European Economic News Preview: UK Inflation Data Due
Consumer price inflation from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK inflation data for March. Inflation is expected to ease to 2.7 percent in March from 2.8 percent in February.
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531 hari yang lalu
Sensex, Nifty Little Changed In Early Trade
Indian shares were little changed on Wednesday, tracking weak cues from other Asian markets and declines in U.S. stock futures.
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531 hari yang lalu
Australian Market Reverses Early Losses In Mid-market
The Australian market is reversing its early losses to trade modestly higher in mid-market moves on Wednesday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 7,800 level, despite the negative cues from Wall Street overnight, with gains in gold miners, financial and technology stocks partially offset by weakness in iron ore miners energy stocks.
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