- Tariffs, tax cuts, energy: What is in Trump's economic plan?
- Amazon wants to be everything to everyone
- Jewish school in Canada hit by gunfire for second time
- With medical report Harris seeks to play health card against Trump
- China-EU EV tariff talks in Brussels end with 'major differences': Beijing
- Buried Nazi past haunts Athens on liberation anniversary
- Harris to release medical report confirming fitness for presidency: campaign
- Nobel prize a timely reminder, Hiroshima locals say
- China offers $325 bn in fiscal stimulus for ailing economy
- Small Quebec company dominates one part of NHL hockey: jerseys
- Boeing to cut 10% of workforce as it sees big Q3 loss
- Want to film in Paris? No sexism allowed
- US, European markets rise as investors weigh rates, earnings
- In Colombia, children trade plastic waste for school supplies
- JPMorgan Chase profits top estimates, bank sees 'resilient' US economy
- Little progress at key meet ahead of COP29 climate summit
- 'Party atmosphere': Skygazers treated to another aurora show
- Kyrgyzstan opens rare probe into glacier destruction
- European Mediterranean states discuss Middle East, migration
- Thunberg leads pro-Palestinian, climate protest in Milan
- Stock markets diverge before China weekend briefing
- EU questions shopping app Temu over illegal products risk
- Han Kang's books sell out in South Korea after Nobel win
- Shanghai markets sink ahead of briefing on mixed day for Asia
- Investors, analysts eye bigger China stimulus at Saturday briefing
- Musk unveils robotaxi, pledges it 'before 2027'
- At least 11 dead in Florida but Hurricane Milton not as bad as feared
- Asian markets mixed after Wall St drop, Shanghai dips before briefing
- Automaker Stellantis says CEO will retire in 2026
- Musk's promised robotaxi unveil delayed
- On US coast, wind power foes embrace 'Save the Whales' argument
- At least 10 dead in Florida after Hurricane Milton spawns tornadoes
- Internet Archive reels from 'catastrophic' cyberattack, data breach
- Wall Street stocks retreat from records on US inflation data
- Israel strikes central Beirut, killing 22
- Solar storm could impact US hurricane recovery efforts: agency
- Delta eyes Election Day travel pullback as profits climb
- Florida battered by hurricane, floods but spared 'worst-case scenario'
- UK's William and Kate in first joint public engagement since cancer treatment
- Over 200 women in legal talks with Harrods over Fayed abuse claims
- A very stiff breeze: BBC says sorry for 20,000 kph wind forecast
- Musk finally unveiling his long-promised robotaxi
- London's Frieze art fair goes potty for ceramics
- US, Europe stocks fall on US inflation data
- US consumer inflation eases to 2.4% in September
- Hurricane Milton tornadoes kill four in Florida amid rescue efforts
- South Korea's Han Kang wins literature Nobel
- Ikea posts fall in annual sales after lowering prices
- Stock markets diverge, oil gains after China rebounds
- World can't 'waste time' trading climate change blame: COP29 hosts
Stock markets steadier, dollar up before rate calls
Stock markets were largely steady and the dollar firmed Tuesday as focus turned to interest-rate decisions due this week in the United States and eurozone.
Following a long holiday weekend for markets across Europe and Asia, trading resumed to news that annual inflation in the eurozone edged up to seven percent in April after five months of decline.
Consumer prices rose from a rate of 6.9 percent in March, which could further encourage the European Central Bank to raise interest rates once more on Thursday, according to analysts.
"Strategists are betting that we will see a slight pullback in the key core inflation data, but this has proven a stickier indicator in the eurozone than in the US and market hopes have been disappointed before," noted Matthew Ryan, head of market strategy at financial services firm Ebury.
The Federal Reserve on Wednesday announces its latest call on US borrowing costs.
Australia's central bank on Tuesday delivered a surprise interest rate hike to an 11-year high, dashing hopes it would hold them steady as inflation shows signs of slowing.
Adding to investor uncertainty were fears about the banking sector after another US regional lender went under.
Regulators on Monday announced the seizure of First Republic and that it had been sold to JPMorgan Chase, making it the second biggest bank by assets to collapse in US history.
"The collapse of First Republic saw JPMorgan step up to the plate and squash the biggest market risk on the table," said Edward Moya, analyst at Oanda trading group.
The takeover of First Republic came after the collapse of three US midsized lenders in March, including Silicon Valley Bank (SVB) and Signature Bank -- which rattled markets and raised contagion worries.
SVB's failure came after it took on too much interest rate risk, among other issues.
Nevertheless, the US central bank is widely expected to raise its benchmark lending rate for a tenth and possibly final time in the current cycle -- by another quarter-point.
Elsewhere, data showed that Hong Kong's economy grew in the first quarter, ending a disastrous year-long spell during which the finance hub was effectively closed for business owing to pandemic restrictions.
- Key figures around 1100 GMT -
London - FTSE 100: FLAT at 7,869.04 points
Frankfurt - DAX: DOWN 0.2 percent at 15,889.37
Paris - CAC 40: DOWN 0.4 percent at 7,460.50
EURO STOXX 50: DOWN 0.3 percent at 4,346.17
Tokyo - Nikkei 225: UP 0.1 percent at 29,157.95 (close)
Hong Kong - Hang Seng Index: UP 0.2 percent at 19,933.81 (close)
Shanghai - Composite: Closed for holiday
New York - Dow: DOWN 0.1 percent at 34,051.70 (close)
Euro/dollar: DOWN at $1.0959 from $1.0978 on Monday
Pound/dollar: DOWN at $1.2472 from $1.2498
Dollar/yen: UP at 137.50 yen from 137.45 yen
Euro/pound: UP at 87.88 pence from 87.80 pence
West Texas Intermediate: DOWN 0.6 percent at $75.20 per barrel
Brent North Sea crude: DOWN 0.4 percent at $78.97 per barrel
burs/bcp/rfj/rl
Y.Jeong--CPN