European shares rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision, which is likely to tilt the pandemic’s stimulus back at a faster pace to counter growing inflation risks. The pan-European Stoxx 600 index rose 0.5 percent to 471.84 points. Stock markets across Asia fell as weaker-than-expected …

The Asian session was quiet on Wednesday, as the market is waiting for the decision of the Federal Reserve’s Federal Open Market Committee. The UK Consumer Prices Index (CPI) 12-month rate came in at 5.1% in November compared to +4.2% registered in October while beating expectations of a +4.7% print. …

Gold prices stabilized on Wednesday, December 15, after falling sharply in the previous session, as investors awaited the Federal Reserve’s decision to reduce the stimulus measures it took in the face of the Covid-19 pandemic. Traders are closely watching the Fed’s moves to see if it will speed up the …

Britain’s consumer price index rose to its highest level in more than 10 years in November, as it jumped to 5.1% from 4.2% in October, which could make the Bank of England recalculate its interest decision tomorrow. The Office for National Statistics said price pressures from a wide range of …

The Japanese Nikkei index ended Wednesday’s session, December 15th, in cautious trading ahead of the US Federal Reserve’s decision, which is expected to be decisive on monetary policy, as it is expected to tend to reduce asset purchases at a faster pace. Investors expect the US Federal Open Market Committee …

Chinese retail sales missed expectations in November, growing by 3.9% in November on an annual basis, less than the 4.6% forecast in a Reuters poll. It came as car sales have fallen in recent months, despite Singles’ Day sales in China in early November. On the other hand, industrial production …

The dollar rose in trading on Monday ahead of a series of central bank meetings this week including the US Federal Reserve, and investors are looking forward to how quickly to end bond buying and hints about when interest rate hikes will begin in 2022. The euro fell, as it …

The headline US Producer Price Index (PPI) rose at an annual pace of 9.6% in November, according to the latest report from the US Bureau of Labor Statistics on Tuesday. That was above the median economist forecast for 9.2%. MoM, PPI came in at 0.8% in November, also well above …

European shares rose somewhat on Tuesday from one-week lows as investors focused on important central bank meetings this week. The pan-European Stoxx 600 index rose 0.5%. The early gains were led by mining, chemical, and food and beverage stocks. The US Federal Reserve is expected to indicate a rapid pullback …

Investors have been on the sidelines during the Asian session today ahead of this week’s big events and central banks meetings. Japanese stocks closed lower on Tuesday as cautious investors shied away from big bets ahead of meetings of the Federal Reserve and other central banks, while the spread of …