Daily Markets Broadcast
2019-12-10
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Daily Markets Broadcast 2019-12-10
2024-12-29
OANDA
OANDADaily Markets Broadcast 2019-12-10 Wall Street loses momentum US indices could not extend Friday’s gains yesterday despite news the US is unlikely to impose the next set of tariffs on December 15, according to the US Agriculture Secretary. UK polls continued to show the Conservative Party on track to win a majority in Thursday’s election. […]
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European stocks closed lower on Thursday on concerns the Federal Reserve might not reduce interest rates more than one time this year despite soft consumer price and producer price inflation data.
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John Wiley & Sons, Inc. (WLY) reported Thursday net income for the first quarter of $25.27 million or $0.46 per share, sharply lower than $68.34 million or $1.22 per share in the prior-year quarter.
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Asian stocks rose broadly on Thursday as soft U.S. inflation data helped keep the door open for a Federal Reserve rate cut in September.
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While announcing its widely expected decision to leave interest rates unchanged on Wednesday, the Federal Reserve also revealed officials now expect only one interest rate cut this year. In support of its goals of
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Asian stocks drifted lower on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates.
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