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CAC Modestly Lower On Weak Global Cues; Engie Rises On Upbeat Earnings
The French stock market is down in negative territory Thursday morning as fresh tariff threats by U.S. President Donald Trump render the mood bearish. The market is also digesting a slew of corporate earnings updates.
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vor 79 Tagen
Swiss GDP Growth Improves In Q4
Switzerland's economic growth improved more than estimated in the fourth quarter on consumption and exports, official data revealed on Thursday. GDP grew 0.5 percent from the previous quarter, following a 0.2 percent rise in the third quarter, the State Secretariat for Economic Affairs, or SECO. The fourth quarter growth marginally exceeded the flash estimate of 0.4 percent.
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vor 79 Tagen
Antipodean Currencies Fall As Trump's Tariff Threats Prompt Risk-off Mood
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday amid risk aversion, as concerns over a global trade war reignited after US President Donald Trump's latest tariff announcements. He newly indicated plans for 25 percent "reciprocal" tariffs on European autos and other goods.
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vor 79 Tagen
DAX Slids 1.1% On Tariff Jitters
German stocks are notably lower Thursday morning, hurt by U.S. President Donald Trump's announcement that he would impose a 25% tariff on European cars and other goods, to curb unfair trade practices.
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vor 79 Tagen
European Shares Decline On Trade War Fears
European stocks were moving lower on Thursday following U.S. President Donald Trump's ambiguous tariff threats against Europe and amid confusion over the timing of planned duties on Canada and Mexico.
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vor 79 Tagen
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
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vor 79 Tagen
Asian Shares Mixed As Tariff Worries Weigh
Asian shares ended mixed on Thursday as U.S. President Donald Trump floated a 25 percent "reciprocal" tariff on European cars and other goods and signaled another month-long extension for looming levies on Canada and Mexico.
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vor 79 Tagen
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
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vor 79 Tagen
UK Car Production Declines Sharply: SMMT
UK car production logged a double-digit decline in January reflecting weakness in key markets combined with planned model changeovers, the Society of Motor Manufacturers and Traders, or SMMT, said Thursday. In January, vehicle production slid 17.7 percent from a year ago. Factories rolled out 71,104 cars and 6,908 commercial vehicles.
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vor 80 Tagen
European Economic News Preview: Eurozone Economic Confidence Data Due
Economic sentiment survey results and monetary aggregates from the euro area are due on Thursday, headlining a busy day for the European economic news. At 3.00 am ET, the State Secretariat for Economic Affairs releases Swiss GDP data for the fourth quarter. The economy is forecast to grow 0.2 percent sequentially after rising 0.4 percent in the third quarter.
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vor 80 Tagen
European Shares Likely To Drift Lower As Transatlantic Tensions Rise
European stocks may drift lower on Thursday after U.S. President Donald Trump accused the European Union of cheating the United States, sparking tensions and threats of new tariffs.
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vor 80 Tagen
Sensex, Nifty Lack Direction; Financials Surge
Indian shares struggled for direction in early trade on Thursday due to prevailing uncertainty over U.S. President Donald Trump's trade policies and ongoing FII selling.
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vor 80 Tagen
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight, as concerns over a global trade war reignited after US President Donald Trump's latest tariff announcements. He newly indicated plans for 25 percent "reciprocal" tariffs on European autos and other goods. Asian Markets closed mixed on Wednesday.
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vor 80 Tagen
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