U.S. PPI data raises concerns for Fed

U.S. PPI data raises concerns for Fed

U.S. producer price inflation comes in hotter than expected on the back of the CPI data earlier in the week. The print potentially casts some doubt over next week’s widely anticipated Fed rate cut. Speaking to CNBC at the NYSE, President-elect Donald Trump said he was optimistic for investors. Asian equities, however, move lower and China’s 10-year treasury bond hits a record high following an uninspiring readout from the country’s Central Economic Work Conference. In Frankfurt, the ECB cuts rates by an expected 25bps but President Christine Lagarde tells CNBC that a larger move had been mooted. In Germany, industry continues to falter with electricity prices hitting an 18-year high following poor returns from renewable sources.

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Episoder(1824)

U.S. nonfarm payroll data in focus

U.S. nonfarm payroll data in focus

Futures stretch into the green on both sides of the Atlantic as investors await a crucial U.S. non-farm payrolls print with the White House aiming to temper expectations. Dutch brewing giant Heineken ...

11 Feb 27min

Tech rebound lifts Wall Street

Tech rebound lifts Wall Street

Wall Street rebounded during Monday’s session with strong performances from tech giants Oracle, Broadcomm and Nvidia. Asian equities have followed suit but Europe is set to open flat. Embattled UK Pri...

10 Feb 29min

 Japan's Takaichi bets big and secures landslide super-majority

Japan's Takaichi bets big and secures landslide super-majority

Japanese Prime Minister Sanae Takaichi secures a snap election landslide to pave the way for major fiscal spending. Her decisive victory pushed the Nikkei beyond the 57,000-mark for the first time and...

9 Feb 28min

U.S. tech sell-off stretches to third day

U.S. tech sell-off stretches to third day

The tech rout Stateside looks set to continue into a third day with giants such as Oracle, Palantir and Salesforce all suffering double-digit losses for the week. The gloom is contagious in the crypto...

6 Feb 27min

Nasdaq sinks for second day as AI jitters prompt massive tech sell-off

Nasdaq sinks for second day as AI jitters prompt massive tech sell-off

The Nasdaq suffers back-to-back losses of more than 1 per cent for the first time since April following a massive tech sell-off that sees almost $1tn wiped from tech stocks as A.I. related concerns re...

5 Feb 28min

European corporate earnings in full swing

European corporate earnings in full swing

UBS posts quarterly profit of $1.2bn and hikes its dividend by 22 per cent and reaffirms its forecasts for the year. The Swiss lender says it is on track to fully integrate Credit Suisse later this ye...

4 Feb 26min

KOSPI and Nikkei lead global market recovery

KOSPI and Nikkei lead global market recovery

Global equity markets bounce back with South Korea’s KOSPI notching its best session in almost six years and the Nikkei closing at a record high. Metals prices also stabilise and claw back some of the...

3 Feb 29min

Metal prices continue last week's rout

Metal prices continue last week's rout

Gold and silver spot prices continue to plunge following Friday’s rout which saw the worst one-day decline since 1980 as investors digest President Trump’s decision to nominate Kevin Warsh as Federal ...

2 Feb 26min

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