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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Monday.
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vor 252 Tagen
German Private Sector Activity Continues To Shrink
Germany's private sector continued to shrink in December albeit the pace of contraction softened on a slight rebound in services activity, flash data from S&P Global showed Monday. The HCOB composite output index registered 47.8 in December, up from November's nine-month low of 47.2. However, the reading is still below the 50.0 threshold that separates growth from contraction.
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vor 252 Tagen
Sensex, Nifty End Lower As Investors Await Fed Decision
Indian shares ended modestly lower on Monday, mirroring muted cues from overseas markets as investors eagerly looked forward to Wednesday's FOMC meeting.
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vor 252 Tagen
French Private Sector Contracts For Fourth Month
France's private sector contracted for the fourth straight month in December as both manufacturers and services providers registered declines in output, flash survey results from S&P Global showed on Monday. The HCOB composite output index posted 46.7 in December, up from 45.9 in November. A reading below 50 indicates contraction.
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vor 252 Tagen
European Shares Decline After France's Credit Rating Cut
European stocks edged lower on Monday after credit ratings agency Moody's unexpectedly downgraded France's rating, adding to pressure on the nation's borrowing costs and raising doubts over whether a new government can mend the deteriorating financial situation.
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vor 252 Tagen
FTSE 100 Slips Into Red In Cautious Trade
U.K. stocks edged lower on Monday and the pound traded higher ahead of the flash PMI data due later in the day.
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vor 252 Tagen
India Private Sector Growth Strongest In 4 Months
India's private sector grew the most in four months in December as there were quicker increases in output at both manufacturers and service providers, flash data compiled by S&P Global showed on Monday. The HSBC composite output index registered 60.7 in December, up from 58.6 in November. A score above 50.0 indicates expansion.
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vor 252 Tagen
more news
CAC 40 Slides As Moody's Downgrades France's Credit Rating
French stocks traded lower on Monday, with banks leading losses after Moody's unexpectedly downgraded France's credit rating to Aa3 from Aa2.
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vor 252 Tagen
DAX Dips Ahead Of No-confidence Vote In Parliament
German stocks drifted lower on Monday as Chancellor Olaf Scholz faces a confidence vote in parliament to trigger the process towards 23 February elections. The move comes after his governing coalition collapsed last month.
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vor 252 Tagen
Asian Shares Mixed As China Data Disappoints
Asian stocks ended mixed on Monday as China reported mixed economic data and focus shifted to the Bank of Japan and Federal Reserve rate decisions due this week.
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vor 252 Tagen
Yen Falls Amid BoJ Rate Hike Uncertainty
The Japanese yen weakened against other major currencies in the Asian session on Monday, as traders continue to doubt the Bank of Japan's (BoJ) plan to further tighten its monetary policy this week.
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vor 252 Tagen
European Economic News Preview: Eurozone Flash PMI Data Due
Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Monday. At 2.30 am ET, producer prices are due from Switzerland. Producer prices are forecast to rise 0.2 percent on month in November, reversing a 0.3 percent drop in October.
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vor 252 Tagen
China Economic Data Offers Mixed Picture
China's official data painted a mixed picture for growth in November as industrial production posted a faster expansion and house prices fell at slower pace, while retail sales growth softened highlighting the need for additional stimulus to retain sustainable growth. Industrial production expanded 5.4 percent from the previous year.
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vor 252 Tagen
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