Prices
Asia markets to open mostly lower as traders assess Tokyo inflation, South Korea manufacturing data
People crossing street in Tokyo’s busy Akihabara downtown area Leopatrizi | Istock | Getty Images Asia-Pacific markets were set to start Friday largely lower with investors assessing November inflation numbers from Japan’s capital of Tokyo and industrial production figures from South Korea. The headline inflation rate in Tokyo came in at 2.6%, a rebound from […]
Read More
Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
Aerial view of the Moscow Kremlin landmarks: St. Basil’s Cathedral, Kremlin, Spasskaya Tower and Red Square Sergey Alimov | Moment | Getty Images Russian authorities are trying to stem panic over the ruble’s sharp fall this week, with the central bank forced to intervene on Wednesday to support the currency. The ruble weakened to 114 […]
Read More
Asia markets open mixed after Wall Street rally stalls; Bank of Korea rate decision in focus
A general view of the Lotte tower amid the the Seoul city skyline and Han river during sunset. Ed Jones | Afp | Getty Images Asia-Pacific markets opened mixed on Thursday after Wall Street rally stalled overnight even as inflation data came in line with expectations. The U.S. personal consumption expenditure price index, or PCE, […]
Read More
CNBC Daily Open: The markets are living in Trump’s world for now
U.S. President-elect Donald Trump at a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on Nov. 19, 2024, in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to […]
Read More
CNBC Daily Open: A new day, a new Trump policy for markets to digest
U.S. President-elect Donald Trump and Sen. Ted Cruz (R-TX) attend the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors […]
Read More
Asia markets to open mixed even as Wall Street notches fresh records
The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Steven Saphore | Anadolu Agency | Getty Images Asia-Pacific markets opened mixed on Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records. […]
Read More
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from the November meeting released Tuesday. The meeting summary contained multiple statements indicating that officials are comfortable with the pace of inflation, even though by most […]
Read More
Russian food prices are soaring — but no one dares blame Putin and the war
Shoppers with a cart choose vegetables and fruits at the Okey supermarket in St. Petersburg. Sopa Images | Lightrocket | Getty Images A break-in at a small food store in the Russian city of Yekaterinburg wouldn’t usually make headlines around the world, but this time was different. CCTV footage from the store, Dairy Place, in […]
Read More
Asia markets kickstart data-heavy week on strong note with Aussie stocks hitting record highs
The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets rose Monday, with investors awaiting a slew of economic data this week including Korea central bank’s rate decision and India’s third-quarter GDP […]
Read More
Japan’s October headline inflation rate falls, but economists still see BOJ rate hike on the table
A market in Tokyo in June 2023. Richard A. Brooks | Afp | Getty Images Japan’s headline inflation rate slipped to 2.3% in October, its lowest level since January and down from the 2.5% seen in September. The core inflation rate, which excludes fresh food prices, came in at 2.3%, down from September’s 2.4%. The […]
Read More