French stocks were subdued on Wednesday as traders awaited key U.S. CPI data due later in the day that could influence the Federal Reserves interest -rate decision next week. The report is expected to show U.S. consumer prices rose by 0.2 percent for the fifth straight month in November. The annual rate of consumer price...
U.K. stocks were moving lower on Wednesday as caution crept in ahead of key U.S. inflation data, due later in the day. The CPI report along with the release of producer price inflation figures on Thursday might impact the outlook for U.S. interest rates. The benchmark FTSE 100 dropped 0.2 percent to 8,266 after declining...
European stocks were little changed on Wednesday, after having snapped an eight-session losing streak the previous day as weaker-than-expected Chinese trade data signaled growing trade challenges. A cautious undertone prevailed as traders awaited key U.S. CPI data due later in the day that could influence the Federal Reserves interest -rate decision next week. Market participants...
Indian shares fluctuated in a narrow range before finishing marginally higher on Wednesday. A cautious undertone prevailed as traders closely monitored escalating violence in Syria and awaited key U.S. inflation readings this week that could influence the Feds rate trajectory. The benchmark S&P/BSE Sensex ended the session up 16.09 points, or 0.02 percent, at 81,526.14...
The Bank of Canadas interest rate decision and the post meet press conference, as well as U.S. inflation data, will set the trend for stocks on Bay Street Wednesday morning. The Canadian central bank, scheduled to announce its interest rate decision at 9:45 AM ET, is widely expected to lower its benchmark rate by 50...
The Labor Department released a closely watched report on Wednesday showing consumer prices in the U.S. rose in line with economist estimates in the month of November. The report said the consumer price index climbed by 0.3 percent in November after rising by 0.2 percent for four straight months. The increase matched expectations. The annual...
The Canadian market closed on a firm note on Wednesday, lifted by gains in materials, energy and technology sectors. The Bank of Canadas decision to lower interest rates by 50 basis points, and expectations of a 25 bps cut by the Federal Reserve next week helped underpin sentiment. The benchmark S&P/TSX Composite Index, which stayed...
The South Korea stock market has moved higher in back-to-back sessions, improving more than 80 points or 3.3 percent along the way. The KOSPI now sits just above the 2,440-point plateau and it may add to its winnings again on Thursday. The global forecast for the Asian markets is upbeat on improved optimism about the...
The Japanese stock market has tracked higher in three straight sessions, advancing more than 275 points or 0.7 percent along the way. The Nikkei 225 now sits just above the 39,370-point plateau and it may extend its gains again on Thursday. The global forecast for the Asian markets is upbeat on improved optimism about the...
The Malaysia stock market has ticked lower in four straight sessions, slipping more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may stop the bleeding on Thursday. The global forecast for the Asian markets is upbeat on improved optimism about...