Day: April 29, 2020

Europe Edges Higher; Central Bank Meetings Loom
Stocks

Europe Edges Higher; Central Bank Meetings Loom

By Ritu, Capital Sands European stock markets edged higher Wednesday, with investors cautiously optimistic ahead of key central bank meetings and as the earnings season continues. At 4:15 AM ET (0815 GMT), the U.K.’s FTSE index traded 0.7% higher, France’s CAC 40 was down 0.2%, while the DAX rose 0.1%. The broader based Stoxx 600 Europe index climbed 0.1%.  The Federal Reserve is […]

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Australian Inflation
RBA

Australia’s first-quarter inflation hits 5-1/2-year high, prices to plunge in second quarter

By Administrator_India Capital Sands Australian inflation accelerated to its highest in over five years last quarter, data showed on Wednesday, but the long-desired pick-up is likely to be fleeting in the face of a coronavirus lockdown and collapsing energy prices. The headline consumer price index (CPI) rose 0.3% in the first quarter, from the previous […]

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