The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.
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U.K. jobless rate unexpectedly rises; BOE's Carney to speak. U.K. stocks stepped lower Wednesday, as gains for Lloyds Banking Group PLC and miner Glencore PLC after earnings updates failed to offset wider losses. The action in London echoed the losing tone set by U.S. stocks, which snapped a win streak on Tuesday.
Investors receive disappointing updates on manufacturing and services. European stocks on Wednesday were dragged lower, as investors received disappointing updates on manufacturing and services activity in the eurozone and saw a break in the recovery run for U.S. stocks. The Stoxx Europe 600 index fell 0.8% to 377.60 as only the telecommunications group posted a small gain.
By Sue Chang, MarketWatch, Rachel Koning Beals. Dollar index higher ahead of Fed minutes release. Gold edged up Wednesday after witnessing its steepest retreat in more than a year in response to the dollar's strength a day earlier.
Nikkei up slightly, Taiex jumps after weeklong holiday. Asia-Pacific stock markets gained after a choppy start Wednesday, following the first down day on Wall Street in seven sessions. Taiwan's benchmark jumped 2.8%, its biggest rise in 2 1/ 2 years, during the first day of trading after the Lunar New Year holiday.