Gracie

French stocks traded sharply higher on Wednesday, after having fallen heavily on Tuesday on concerns about rising tensions between Iran and Israel, and U.S. rate cut uncertainty. The benchmark CAC 40 was up 96 points, or 1.2 percent, at 8,028 after falling around 1.4 percent in the previous session.

Markets Developments in the Middle East gradually lost their grip on global markets with central bank talk again taking the lead. Fed Vice-Chair Jefferson delivered a perfect assist for Chair Powell to acknowledge the consequences of recent strong US activity data while inflation remains stubbornly

Ahead of the long weekend for the Songkran Festival, the Thai stock market had ended the three-day winning streak in which it had rallied more than 35 points or 2.5 percent. The Stock Exchange of Thailand now sits just above the 1,395-point plateau and it's likely to open under pressure again on Wed

The British pound dropped 0.30% after today’s UK employment report but has recovered most of these losses. In the European session, GBP/USD is trading at 1.2452, up 0.05%. UK job growth slides, unemployment rises The UK employment report was weaker than expected. Job growth took a hard hit in the th

Economists at Standard Chartered offer their afterthoughts on China’s quarterly growth numbers released on Tuesday. Key quotes “China’s economy grew 5.3% y/y or 6.6% annualized in Q1, beating market consensus by a wide margin.” “Output gap narrowed to -1.6% of GDP in Q1 from -2.2% in Q4; GDP deflato