Economic events
European markets set to open lower after reaching record high
European markets are set to climb down from record highs when trading resumes on Friday, as corporate earnings, monetary policy and key U.S. jobs data remain in focus. London’s FTSE 100 is expected to open 24 points lower at 8,712 points, according to IG. The German DAX index is slated to open 17 points lower […]
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CNBC Daily Open: Global central banks are lowering rates — the Fed might not be as inclined
The Reserve Bank of India logo outside its headquarters in Mumbai on Feb. 7, 2025. Indranil Mukherjee | Afp | Getty Images On Friday, the Reserve Bank of India trimmed its repo rate by 25 basis points. A day prior, the Bank of England lowered interest rates by 25 basis points, following the European Central […]
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Look to India, Japan for ‘quality alpha’ amid market uncertainty, investor says
An employee counts Indian currency notes at a cash counter inside a bank in Kolkata. Rupak De Chowdhuri | Reuters Investors searching for “quality alpha” in Asia over the next six to nine months should look to India and Japan given the uncertainty in China, according to Lincoln Pan, partner and co-head of private equity at the Asia-focused […]
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Asia-Pacific markets fall as investors await India rate decision, assess Japan’s spending data
Japan’s household spending massively beats expectations, boosting case for further BOJ hikes Japan’s household spending in December rose 2.7% year on year in real terms, according to a Friday report from the Statistics Bureau of Japan, massively beating expectations from economists polled by Reuters and marking its first rise since July 2024. The figure sharply […]
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CNBC Daily Open: Global central banks are cutting rates — the Fed might not be as inclined
The Bank of England on 6 Feb. 2025, in London, England. Richard Baker | In Pictures | Getty Images The Bank of England lowered interest rates by 25 basis points on Thursday, following the European Central Bank’s cut of the same amount on Jan. 30. The Reserve Bank of India is also widely expectedly to […]
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CNBC’s Inside India newsletter: Can a consumption boost save India’s slowing economy?
Brigade Road (Main Shopping Street), Bangalore, Karnataka, India Peter Adams | Stone | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big […]
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Bank of England restarts monetary easing, cutting key rate to 4.5%
The Bank of England made its first interest rate cut of 2025 on Thursday, resuming monetary easing amid ongoing concerns over sluggish growth in the British economy. The central bank cut its benchmark interest rate by 25 basis points to 4.5%, with a majority of seven members out of the nine-strong monetary policy committee voting […]
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Trump’s trade war could have a clear winner: The UK
General view of the City of London skyline, the capital’s financial district, in October. Sopa Images | Lightrocket | Getty Images Global markets were hit with fresh volatility this week after U.S. President Donald Trump confirmed plans to impose tariffs on imports from three of America’s biggest trading partners. Trump on Monday agreed to pause […]
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Asia-Pacific markets set to rise as Wall Street looks past trade developments
Classic Chinese courtyard featuring a stage and red lanterns hanging Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets were set to mostly climb Wednesday, as Wall Street rose overnight, shrugging off Trump tariffs and China’s retaliation to measures. All eyes will be on China, which will resume trading after the Lunar New Year holidays. The […]
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South Korea consumer inflation rose 2.2% in January, above market expectations
The Seoul skyline. Mongkol Chuewong | Moment | Getty Images South Korea’s consumer inflation quickened to a six-month high in January, government data showed on Wednesday, coming in higher than market expectations on pressure from a weak local currency. The consumer price index (CPI) rose 2.2% from a year earlier, after climbing 1.9% in the previous month, […]
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