Prices
European markets move lower as investors brace for U.S. inflation data
European markets moved lower Thursday morning as investors await the latest U.S. inflation data for more signs that price pressures are easing. The pan-European Stoxx 600 was up 0.18% in opening trade, with sectors and major bourses diverging. Insurance stocks led gains, up 0.49%, as Hurricane Milton’s devastating hit to Florida pointed to stronger prospects […]
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Asia-Pacific markets gain ahead of U.S. inflation data; China stocks resume rally
A general view of the Shanghai Securities Exchange building is being shown in Shanghai, China, on July 16, 2024. Nurphoto | Nurphoto | Getty Images SINGAPORE — Asia-Pacific markets closed higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as investors shrugged off […]
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Asia-Pacific markets open higher after S&P 500 and Dow hit new highs: Live updates
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Aug. 5, 2024. Noriko Hayashi | Bloomberg | Getty Images Asia-Pacific markets are set to open higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as […]
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Markets will be looking for any surprises out of Thursday’s big inflation report
Federal Reserve policymakers have been breathing easier lately regarding inflation, and that faith that they’re closer to achieving their goal will get a key test Thursday. The Labor Department will release its latest reading on the closely watched consumer price index, and its’ expected to show further progress toward the Fed’s 2% target in September. […]
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Asia markets poised to rebound after Wall Street rally; central bank decisions in focus: Live updates
New Zealand’s central bank is expected to slash its policy rate by 50 basis points to 4.75%, while the Reserve Bank of India is expected to hold rates at 6.5% Source
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Harris enters the homestretch riding a once-in-a-generation economic upswing
The surprisingly positive jobs report Friday has reinforced growing optimism about the U.S. economy, less than a month before the end of an extremely close presidential race between Vice President Kamala Harris and former President Donald Trump, and while voters say the economy is a top priority. Nonfarm payrolls added 254,000 jobs in September, while […]
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Mainland China markets open sharply higher, extending stimulus rally after weeklong break; Hong Kong plunges
A customer watches stock market at a stock exchange in Hangzhou, China, on September 27, 2024. Costfoto | Nurphoto | Getty Images SINGAPORE — Chinese markets skyrocketed over 10% at the open Tuesday, after coming back from the Golden Week holiday as the rally from Beijing’s stimulus measures continued. The CSI 300 index was up […]
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Japan real wages down again after summer bonus bump, spending falls
In the streets of Ginza district of Tokyo, Japan. Shiho Fukada | Bloomberg | Getty Images Japan’s inflation-adjusted wages fell in August after two months of increases during the summer bonus season, while household spending also declined, data showed on Tuesday, knocking chances of the central bank raising interest rates any time soon. Real wages […]
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No case for more jumbo rate cuts by the Fed, strategists say
A television broadcasts the Federal Reserve’s interest rate cut on the floor of the New York Stock Exchange on Sept. 18, 2024. Michael Nagle | Bloomberg | Getty Images There is no case for more 50-basis-point rate cuts by the Federal Reserve, veteran market strategists told CNBC, saying the latest U.S. jobs data implies the […]
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Thai headline inflation quickens in September, still below central bank target
People on the Mahanakorn skywalk overlooking Bangkok, shot on March 17, 2023. Lillian Suwanrumpha | Afp | Getty Images Thailand’s annual headline inflation quickened in September due mainly to higher prices of diesel and some vegetables, the commerce ministry said on Monday, and was still below the central bank’s target range of 1% to 3%. The headline consumer price index rose 0.61% in September from a year earlier, […]
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