SYDNEY, March 17 Reuters The Australian and New Zealand dollars were steady on Wednesday with currencies generally treading water ahead of a U.S. Federal Reserve meeting where policymakers are expected to reiterate their dovish policy stance despite rosier economic projections. The Australian dollar was flat at 0.7746, drifting away from a recent oneweek high of […]

LONDON, March 17 Reuters Sterling held firm against both the euro and the dollar as Britains dismissal of safety concerns over the AstraZeneca vaccine gave the currency some berth to recovery from the previous days falls. A number of European countries, including Germany, France and Italy, have suspended AstraZeneca shots following reports of blood coagulation […]

March 17 Reuters European stocks were flat on Wednesday as most investors stayed on the sidelines ahead of the U.S. Federal Reserves policy decision, while German carmaker BMW jumped after forecasting significant profit growth in 2021. The panEuropean STOXX 600 index edged 0.02 lower in early trading, tracking a cautious mood in Asian markets. The […]

Rates as of 0500 GMT Market Recap A relatively calm day ahead of todays Federal Open Market Committee FOMC meeting. Stocks in the US were little changed and the VIX index of future volatility hit its lowest level in over a year. The focus seems to be on the problems with the vaccine rollout in […]

Shares of the electric car maker Tesla are going to see sharp falls as interest rates increase after the coronavirus crisis, Lansdowne Partners fund manager Per Lekander told CNBC. Lekander told CNBCs Squawk Box Europe Tuesday that he thinks Tesla is in a bubble and that hes short on Elon Musks firm, meaning he will […]

TOKYO, March 17 Reuters Japanese stocks ended flat on Wednesday as profittaking in the tech sector offset gains in healthcare, though the overall mood remained cautious in the runup to key meetings by the U.S. Federal Reserve and the Bank of Japan. The Nikkei 225 Index ended down 0.02 at 29,914.33, but the broader Topix […]

TOKYO, March 17 Reuters Longterm Japanese government bond yields fell slightly as traders braced for important monetary policy meetings by the U.S. Federal Reserve and the Bank of Japan. U.S. policymakers may bring forward their expectations for rate hikes due to an improving U.S. economy at a Fed meeting ending later on Wednesday, but some […]

Caution descended on markets on Wednesday with world stocks holding below recent record highs as investors waited to see whether the U.S. Federal Reserve would signal a faster path toward policy normalisation than previously expected. The U.S. central bank ends a closely anticipated twoday meeting later in the day, after a sharp rise in U.S. […]

China’s value factor could take the baton in the broadening global equity rotation, with rising yields adding to the downward slide in technology and growth stocks.

India’s industrial output contracted year on year in January, against expectations for mild growth, reversing an expansion in the month prior.