Soft Start Expected For China Stock Market

The China stock market bounced higher again on Tuesday, one day after snapping the two-day winning streak in which it had advanced almost 40 points or 1.2 percent. The Shanghai Composite now sits just above the 3,420-point plateau although its expected to open under pressure on Wednesday. The global forecast for the Asian markets is...

Read More

NZ Dollar Falls As Traders Await U.S. CPI Data

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as traders await key U.S. consumer price inflation readings later in the day that could influence the U.S. Feds rate trajectory. Signals of a policy shift in China boosted sentiment, while persisting geopolitical tension due to escalating violence in Syria...

Read More

DAX Holds Steady In Lackluster Trade

German stocks held steady on Wednesday as investors braced for the release of U.S. inflation data and a European Central Bank policy meeting. The benchmark DAX was up 10 points at 20,340 after finishing marginally lower the previous day. Energy group Siemens Energy tumbled 3 percent after U.S. rival GE Vernova sounded cautious about the...

Read More