Editor’s Pick

Investing.com — US stock futures hovered around both sides of the flatline on Wednesday after a disappointing earnings report from European chipmaker ASML (AS:ASML) dragged down other semiconductor shares in the…

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Editor's Pick

Inflation expected to stay above ECB target in medium term, survey finds

October 16, 2024

(Reuters) – Economists expect inflation rates to stay above the European Central Bank’s 2% target in the medium term, according to a survey published by Germany’s Ifo institute on Wednesday,…

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Editor's Pick

Morning Bid: Chips and luxury lead the way lower

October 16, 2024

A look at the day ahead in European and global markets from Ankur Banerjee European chip and luxury stocks will be at the forefront of investors’ minds on Wednesday, and…

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Hong Kong leader focuses on livelihood issues, positioning HK as global hub

October 16, 2024

HONG KONG (Reuters) -Hong Kong’s leader kicked off his annual policy address on Wednesday with pledges to reform shortcomings including reducing wait times for public housing as authorities focus on…

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Bank of Japan must raise rates at ‘very moderate’ pace, says board member Adachi

October 16, 2024

By Leika Kihara TOKYO (Reuters) – Bank of Japan board member Seiji Adachi said on Wednesday the central bank must raise interest rates at a “very moderate” pace and avoid…

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Japan’s upcoming stimulus package will be bigger than last year’s, spokesperson says

October 16, 2024

TOKYO (Reuters) – Japan’s upcoming stimulus package will be bigger than last year’s measures that were financed with a 13 trillion yen ($87 billion) extra budget, a government spokesperson said…

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Chip stocks lead Asian markets lower; China in focus

October 16, 2024

By Ankur Banerjee SINGAPORE (Reuters) – Asian equities fell on Wednesday after disappointing earnings from Europe’s biggest tech firm ASML (AS:ASML) dragged chip stocks around the world, while expectations that…

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Aussie hit by China stimulus scepticism; US dollar firm on Fed outlook

October 16, 2024

By Kevin Buckland TOKYO (Reuters) – The Australian and New Zealand dollars slumped on Wednesday as scepticism grew about top trading partner China’s stimulus, while the greenback hovered near two-month…

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Fed’s Bostic says his ‘dot’ was for 25 bp more in cuts in 2024

October 16, 2024

(Reuters) – Atlanta Federal Reserve President Raphael Bostic on Tuesday said he penciled in just one more interest rate reduction of 25 basis points this year when he updated his…

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New Zealand annual inflation at 2.2%, within central bank target range

October 16, 2024

By Lucy Craymer WELLINGTON (Reuters) – Inflation in New Zealand returned to the Reserve Bank of New Zealand’s target range of 1% to 3% in the third quarter, keeping the…

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Popular Topics

ASML’s dour outlook; Musk gives $75 mn to boost Trump run – what’s moving markets

Inflation expected to stay above ECB target in medium term, survey finds

Morning Bid: Chips and luxury lead the way lower

Hong Kong leader focuses on livelihood issues, positioning HK as global hub

Bank of Japan must raise rates at ‘very moderate’ pace, says board member Adachi

Japan’s upcoming stimulus package will be bigger than last year’s, spokesperson says

Chip stocks lead Asian markets lower; China in focus

Aussie hit by China stimulus scepticism; US dollar firm on Fed outlook

Fed’s Bostic says his ‘dot’ was for 25 bp more in cuts in 2024

New Zealand annual inflation at 2.2%, within central bank target range