European shares advance as bond yields ease; soft inflation powers UK stocks
(Reuters) – European shares opened higher on Wednesday due to broad-based gains as bond yields took a breather ahead of a crucial inflation reading in the United States, while British bourses outperformed following a soft local inflation reading. The pan-European STOXX
Indonesia stocks higher at close of trade; IDX Composite Index up 1.68%
Investing.com – Indonesia stocks were higher after the close on Wednesday, as gains in the Financials, Infrastructure and Agriculture sectors led shares higher. At the close in Jakarta, the IDX Composite Index rose 1.68%. The best performers of the session on the
S&P 500 still dependent on Tech to drive growth this season: Barclays
Investing.com — The S&P 500 (SPX) remains dependent on technology stocks to drive growth in the Q4 2024 earnings season, Barclays (LON:BARC) strategists said in a note Wednesday. The performance in January often indicates the trajectory for large-cap US
German ministry warns 2025 uncertainty to weigh on economic recovery
BERLIN (Reuters) – Germany can only hope for a tangible economic recovery once there is clarity on the economic, financial and geopolitical outlook, the economy ministry said in its monthly report on Wednesday, after annual data showed a 2024 recession. Global
Bank Indonesia delivers surprise rate cut to support growth
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) -Indonesia’s central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia’s largest economy despite financial market volatility that has sharply weakened the rupiah currency. Bank