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Bay Street Likely To Open With Positive Bias
The Canadian market may open with a positive bias on Wednesday, as technology shares are likely to see some buying after U.S. tech majors Microsoft and Alphabet reported stronger than expected quarterly earnings.
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Riksbank Raises Key Rate; Signals 25 Bps Hike Ahead
Sweden's central bank hiked its benchmark interest rate by half a percentage point on Wednesday in a bid to bring inflation down to the target and also signaled another increase of a quarter-point in June or September. The executive board of the Riksbank decided to raise the policy rate by 0.5 percentage points to 3.50 percent.
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vor 834 Tagen
French Consumer Confidence Improves Slightly In April
French consumer confidence improved for the first time in three months in April, as households' future saving capacity and financial situation increased amid a sharp easing in inflation expectations, survey results from the statistical office Insee showed Wednesday. The consumer sentiment index rose slightly to 83 in April from a revised 82 in March. The score was expected to fall to 81.
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vor 834 Tagen
German Consumer Morale To Brighten Up In May - GfK
Germany's consumer confidence will strengthen in May as households were more positive about their income prospects following higher expectations for wage growth amid slowing inflation. The consumer confidence index rose to -25.7 in May from a revised -29.3 in April, survey results from the market research group GfK showed Wednesday. The score was better than economists' forecast of -27.9.
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vor 834 Tagen
Masco Maintains FY23 Outlook; Appoints David Chaika Interim CFO - Update
While reporting financial results for the first quarter on Wednesday, Masco Corp. (MAS) maintained its earnings and adjusted earnings guidance for the full-year 2023.
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vor 834 Tagen
Avery Dennison Trims FY23 Outlook As Q1 Profit Declines
While reporting financial results for the first quarter on Wednesday, materials science company Avery Dennison Corp. (AVY) trimmed its adjusted earnings outlook for the full-year 2023.
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vor 834 Tagen
Boston Scientific Boosts FY23 Adj. EPS, Sales Growth Outlook - Update
While reporting financial results for the first quarter on Wednesday, medical devices company Boston Scientific Corp. (BSX) raised its adjusted earnings and net sales growth guidance for the full-year 2023.
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vor 834 Tagen
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Sensex, Nifty Recover Early Losses To End Higher
Indian shares recovered from an early slide to close modestly higher on Wednesday.
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vor 834 Tagen
Swedish Krona At 5-day Low Against U.S. Dollar After Riksbank Decision
The Swedish Krona weakened against the U.S. dollar in the early European session on Wednesday, as the Riksbank raised its benchmark rate by half-percentage point and signalled the possibility of a smaller rate hike going forward.
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vor 834 Tagen
European Shares Decline On Rate, Growth Concerns
European stocks were moving lower on Wednesday as weak U.S. data stoked recession fears.
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vor 834 Tagen
FTSE 100 Declines On Growth Concerns
U.K. stocks traded lower on Wednesday as worries about higher interest rates and an impending recession offset encouraging earnings updates from the likes of Standard Chartered and GSK.
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vor 834 Tagen
CAC 40 Declines On US Growth Worries
French stocks opened lower on Wednesday after Wall Street's main indexes fell the most in a month overnight on the back of weak economic data and mixed earnings updates.
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vor 834 Tagen
DAX Slips On Recession Fears, Banks Extend Declines
German stocks fell on Wednesday as weak U.S. data release overnight stoked recession fears.
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vor 834 Tagen
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