UK Inflation Slows Less Than Forecast

UK consumer price inflation softened less than expected in March but hit the lowest in two-and-a-half years on food prices, adding uncertainty to the timing of the first interest rate cut from the Bank of England.

Swiss Market Ends Sharply Lower

The Switzerland market ended sharply lower on Tuesday, in line with markets across Europe, as persisting geopolitical tensions and uncertainty about interest rate trajectory weighed on sentiment.

IMF Says Global Recovery Steady But Slow

The International Monetary Fund said on Tuesday that a resilient global economy is set for steady growth in the next two years as inflation returns to target gradually, but the growth will be uneven amid persistent

Powell Says It's Likely To Take Longer To Achieve Confidence Inflation Is Slowing

Citing a "lack of progress" toward reaching the central bank's inflation goal, Federal Reserve Chair Jerome Powell suggested on Tuesday that interest rates are likely to remain higher for longer. Powell's remarks came

U.S. Dollar Extends Gains As Powell Signals Delay In Rate Cuts

The U.S. dollar extended gains against its most major counterparts in the New York session on Tuesday, as Federal Reserve Chair Jerome Powell said that there is no rush to cut interest rates given a lack of progress on

U.S. Dollar Seeing Modest Strength Following Powell Remarks

The value of the U.S. dollar is currently seeing modest strength on Tuesday after fluctuating earlier in the trading day.

New Zealand GDP Data Due On Wednesday

New Zealand will on Wednesday release Q1 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to rise 0.6 percent on quarter and 5.0 percent on year after

New Zealand Inflation Gains 0.6% On Quarter In Q1

Consumer prices in New Zealand were up a seasonally adjusted 0.6 percent on quarter in the first quarter of 2024, Statistics New Zealand said on Wednesday.

KOSPI Likely To Find Support At 2,600 Points

The South Korea stock market has moved lower in three straight sessions, slumping almost 100 points or 3.6 percent along the way. The KOSPI now sits just beneath the 2,610-point plateau and it may see mild upside on

Malaysia Shares May See Mild Support On Wednesday

The Malaysia stock market has finished lower in four straight sessions, sinking more than 25 points or 1.7 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it's