The indicator of purchase intentions rose 9.9 points from the previous quarter in October-December. Among them, the index of home-buying intentions rose 7.4 in the quarter, and the intentions to buy cars and durables also saw an increase of 5.8 points in the quarter, showing a relatively steady trend.
SHANGHAI, Jan 16 (Reuters) - Base metals traded mixed on Thursday as the dollar weakened after soft U.S. core inflation raised hopes that the Federal Reserve could cut interest rates further.
Global markets mostly retreated on Monday after traders trimmed bets on US Federal Reserve rate cuts and oil extended a rally sparked by new sanctions on Russia's energy sector.
Prices of iron ore futures climbed to a four-week high on Thursday, supported by reduced shipments from a major producer and growing expectations of further rate cuts by the Federal Reserve following cooler-than-expected US inflation data.
Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight. Gains are led by China, where multiple government departments unveiled medium- and long-term investment plans to boost capital market confidence.
Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared.
Asian and European markets slid Monday after traders trimmed bets on US Federal Reserve rate cuts and oil extended a rally sparked by new sanctions on Russia's energy sector.
SLB helped lead the market after the provider oilfield services delivered bigger profit and revenues for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.
Base metals declined after US President Donald Trump said he would likely enact tariffs on Mexico and Canada by Feb. 1, hurting market sentiment even as he held off from imposing levies on China.
Donald Trump calling Xi Jinping “my friend” again might seem like old news, but their growing bromance could actually slam the global economy harder than a
Sydney – A decision by US President-elect Donald Trump to ramp up tariffs gradually once he takes office would be “problematic” for the Federal Reserve as it battles the last-mile of ...
In China, the CSI 300 Index slipped 0.6 per cent, and the Shanghai Composite Index retreated ... jobs data last week slashed bets for the Federal Reserve to reduce interest rates.