Market Overview - Page 161

There are signs that Russia’s economy is overheating with annual inflation currently at 5.9%, Anton Siluanov, the country’s finance minister, said Thursday. “If we continue with increased spending, what will we get? Overheating. Elements of overheating are already visible —.

Wide restrictions that China slapped on Australian exports are not as damaging as it was feared they’d be, because Australia is finding new markets for its goods. Tensions between the countries have soared in recent months, deteriorating sharply after Australia.

Markets are in a bit of a limbo waiting for new Nonfarm Payrolls data on Friday and signals from the Fed policymakers. For the last week, the Nasdaq100 and S&P500 have been gradually shedding on low volumes, reflecting investor wariness.

The United States will announce in the next two weeks how it will distribute 80 million COVID-19 vaccine doses it has pledged globally, U.S. Secretary of State Antony Blinken said on Tuesday. Speaking at a joint news conference with Costa.

Chinese Vice Premier Liu He exchanged views with U.S. Treasury Secretary Janet Yellen on issues of mutual “concern”, in his second virtual call in a week with top economic and trade officials under the U.S. Biden administration. Liu, who has.

Last spring, the U.S. Securities and Exchange Commission admonished Tesla and CEO Elon Musk for allegedly violating terms of a 2019 revised settlement agreement, according to correspondence first obtained and reported on by the Wall Street Journal. SEC officials pointed.

Shares in Asia-Pacific were mixed in Wednesday morning trade, with official data showing higher-than-expected growth in Australia’s economy for the first quarter. The Nikkei 225 in Japan gained 0.22% while the Topix index climbed 0.67%. In South Korea, the Kospi.

India is expected to see double-digit expansion in the three months ending in June — but economists warn that the data won’t be painting the full picture of the country’s growth trajectory. South Asia’s largest economy released fourth quarter GDP.

The Reserve Bank of Australia kept the interest rate and the target yield on three-year government bonds unchanged, postponing a decision on QE until early June. For the most part, the commentary was optimistic, noting stronger than expected growth that.

The pound advanced to the strongest level in three years as traders bet the U.K.’s economic recovery will gain traction with the rollout of coronavirus vaccines. Sterling climbed above a previous high set in February, extending its gains this year.

Shares in major Asia-Pacific markets were mostly higher on Tuesday, as investors reacted to the release of a private survey on Chinese manufacturing activity in May. Mainland Chinese stocks closed higher, with the Shanghai composite up 0.26% to 3,624.71 and.

Stock futures are mildly higher in early morning trading after major indexes saw gains in May. Futures on the Dow Jones Industrial Average rose 68 points. S&P 500 futures and Nasdaq 100 futures also both traded in marginally positive territory..