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News in brief | Northwest Arkansas Democrat-Gazette

Australian Dollar loses ground on softer monthly Aussie CPI, improved US Dollar

The Australian Dollar (AUD) extends its losses for the second successive session on Wednesday.

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Stock Market Today: Dow Outperforms as Merck Hits New High

BOJ's Ueda Reiterates Economy Recovering Gradually Ahead of Meet

(Bloomberg) Bank of Japan Governor Kazuo Ueda reaffirmed that the economy continues to recover gradually even with pockets of weakness in consumption, sending the yen marginally lower as traders parse his language for clues on the timing of a widely anticipated rate hike.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapTech CEOs Are Addicted to Taking Needless RisksChina Has Never Canceled This

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Price action remains subdued ahead of key US/EU data in coming days

- Focus on 2nd reading of US Q4 GDP data. - RBNZ kept its policy steady and softened its previous threat to lift rates even further.

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