European shares were marginally higher on Wednesday as robust China data lifted miners, while an overnight Wall Street rally amid persisting optimism the Federal Reserve could begin cutting rates as early as next March helped tech stocks rise
Data showed German producer prices fell more than expected in November, while British inflation dropped way more than expected last month, with the headline rate falling to its September 2021 lows, strengthening the case for rate cuts.
HONG KONG, Dec 7 Asian stocks sank today, extending a rollercoaster week across world markets as investors jockey for position ahead of key US jobs data and oil struggled to.
Investors now await euro zone construction purchasing manager s index data for November, along with October retail sales to gauge the strength of the European economy amid recession concerns.