Category Archive

Holly Ellyatt@HOLLYELLYATT

LONDON — European stocks are expected to start the new trading week in mixed territory.

Read More

Lim Hui Jie

KEY POINTS

• Investors will be watching Australia’s inflation data on Wednesday, after the country’s central bank said it discussed raising interest rates at its last meeting.
• Should inflation come in higher than expected and spur the RBA to raise rates, it would be the first major Asia-Pacific central bank to do so in an environment where investors are waiting for rate cuts, barring Japan.

Read More

Jenni Reid

LONDON — European stocks are heading for a cautiously higher open Friday as investors monitor a slew of central bank decisions and data releases.

Read More

Charmaine Jacob@IN/CHARMAINEMARIAJACOB@CHARMAINEMJACOB & Lim Hui Jie

KEY POINTS

• Japan’s headline inflation rate rose to 2.8%, higher than April’s figure of 2.5%. The core inflation rate — which strips out prices of fresh food — came in lower than expected at 2.5%.
• The S&P 500 pulled back after surpassing the 5,500 mark on Thursday.

Read More

Sam Meredith@IN/SAMUELMEREDITH@SMEREDITH19 & Holly Ellyatt@HOLLYELLYATT

LONDON — European stocks were higher on Thursday, with U.K. investors looking ahead to the Bank of England’s policy rate decision.

Read More

Charmaine Jacob@IN/CHARMAINEMARIAJACOB@CHARMAINEMJACOB & Lim Hui Jie

KEY POINTS

• China kept its one- and five-year loan prime rates unchanged at 3.45% and 3.95% respectively.
• New Zealand’s economy exited a technical recession, growing 0.2% quarter-on-quarter in the first three months of the year, beating Reuters poll expectations of a 0.1% expansion.

Read More

Holly Ellyatt@HOLLYELLYATT

LONDON — European stocks are expected to open mixed on Wednesday, losing the positive momentum seen in the previous trading session.

Read More

Lim Hui Jie & Charmaine Jacob@IN/CHARMAINEMARIAJACOB@CHARMAINEMJACOB

KEY POINTS

• Asia-Pacific markets mostly rose, with the Taiwan Weighted Index crossing the 23,000 mark to hit an all-time high.
• Traders in Asia assessed Japan’s trade data for May, which showed exports grew 13.5% year on year, while imports grew 9.5% during the same period.

Read More

Karen Gilchrist@_KARENGILCHRIST

KEY POINTS

• European stocks pushed higher in Tuesday trade, following a mixed start to the week.
• Investors are looking ahead to the Bank of England’s policy rate decision on Thursday.

LONDON — European stocks opened higher Tuesday after a mixed start to the trading week.

Read More

Lim Hui Jie

KEY POINTS

• The RBA held its benchmark interest rate at 4.35% for its fifth straight meeting, saying that inflation “remains above target and is proving persistent.”
• The S&P 500 closed at a fresh record of 5,473.23, adding 0.77%.

Read More