European markets are expected to open higher as global investors gear up for the December reading of U.S. consumer prices on Thursday.
as investors awaited the key inflation report to gauge the outlook for the U.S. Federal Reserve's rate-hiking campaign.
Economists expect the U.S. consumer price index to dip 0.1% for December but rise 6.5% year over year, compared with a 0.1% monthly gain in November and an annual pace of 7.1%, according to Dow Jones. The CPI is well offChina's consumer price index rises 1.8% in Decemberdata from the National Bureau of Statistics"The prices of fresh vegetables and fresh fruits rose by 7.0% and 4.7%, respectively," the report said.
The CPI figure was in line with Reuters' expectations and higher than the previous month's reading of 1.6%.China's producer price index dipped 0.7% in December versus last year, worse than expectations of a 0.1% drop.CNBC Pro: Morgan Stanley names its 'top pick' in Chinese tech — and gives it over 70% upside
China's tech sector has come under pressure in recent years, thanks to a regulatory crackdown and the fallout from the country's zero-Covid policy. But Wall Street is giving Chinese tech stocks some love again, and Morgan Stanley has named its "top pick" in the sector.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
European markets head for positive open as investors looks ahead to U.S. inflation dataEuropean markets are heading for a higher open as investors gear up for key inflation data this week, with U.S. consumer price data for December due Thursday.
Lire la suite »
UK jobs market softens again in December - RECBritain's labour market cooled further in December, according to a survey of recruiters published on Tuesday that may ease some of the Bank of England's concerns about the risks of longer-term inflation pressure.
Lire la suite »
D.C.-area forecast: Cloudier today and tomorrow; rain chances return Thursday into FridayLate-week showers should clear out in time for a sunnier weekend, with temperatures cooling down closer to average.
Lire la suite »
Small business optimism dipped in December: NFIBThe NFIB's Small Business Optimism Index declined in December as small business owners remained pessimistic about economic conditions amid the struggle with inflation.
Lire la suite »
Egypt's December inflation accelerates to annual 21.3%Egyptian annual urban consumer inflation in December rose to 21.3% from 18.7% in November, exceeding analyst expectations, data from the statistics agency CAPMAS showed on Tuesday.
Lire la suite »
Sunny Tuesday; Strong to Severe Thursday - Alabama NewsSunshine will be abundant for our Tuesday, but the risk for strong to severe storms exists for Thursday. alwx
Lire la suite »