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German Private Sector Continues To Shrink
Germany's private sector continued to contract in November as sustained weakness in manufacturing output was compounded by the first fall in services activity for nine months, flash Purchasing Managers' survey compiled by S&P Global showed Friday. The HCOB composite output index dropped to 47.3 in November from 48.6 in the previous month. The score signaled acceleration in the rate of decline in
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vor 273 Tagen
CAC 40 Slips Amidst Economic Woes
Renewed concerns about economic activity and growth in France as well as the wider Euro Area dragged down the CAC 40 benchmark below the levels at close on Thursday.
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vor 273 Tagen
France Private Sector Falls Deep Into Contraction
France's private sector contracted the most since January as prolonged weakness in demand damped expectations, flash survey results from S&P Global showed on Friday.
The flash HCOB composite output index fell markedly to 44.8 in November from 48.1 in October. This was the third monthly fall in private sector output and the score signalled the steepest contraction since January.
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vor 273 Tagen
Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Friday.
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vor 273 Tagen
Sensex, Nifty Close On Buoyant Note As Stocks Rally On Strong Buying
Indian stocks rallied sharply and lifted the benchmark indices Sensex and the Nifty50 to a buoyant close on Friday, a day after suffering a setback following the indictment of Adani Group founder Gautam Adani and a few top executives by U.S. Securities Exchange Commission in an alleged bribery case.
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vor 273 Tagen
DAX Drops Amidst Weak PMI, GDP
The DAX index that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange recorded a decline on Friday amidst weaker-than-expected economic data.
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vor 273 Tagen
Pound Slides On Weak U.K. Retail Sales, Flash PMI Reports
The British pound weakened against other major currencies in the European session on Friday, as weak U.K. retail sales for October and PMI data for November triggered expectations among traders for interest-rate cuts by the Bank of England (BoE) in the December meeting.
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vor 273 Tagen
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Asian Markets Rally Despite China Sell-off
Asian markets broadly rallied and remained insulated from the turbulence in China's stock markets.
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vor 273 Tagen
UK Retail Sales Fall More Than Expected
UK retail sales declined more than expected in October as consumers reduced their spending on food and clothing, data released by the Office for National Statistics showed on Friday. Retail sales dropped 0.7 percent on a monthly basis in October, in contrast to the revised 0.1 percent rise in September. Sales were expected to fall 0.3 percent.
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vor 273 Tagen
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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vor 273 Tagen
Germany Narrowly Skirts Recession In Q3
The German economy grew marginally in the third quarter after a contraction, preventing a technical recession, official data revealed Friday. Gross domestic product posted a sequential growth of 0.1 percent in the third quarter, revised data from Destatis showed. The rate was downgraded from 0.2 percent estimated on October 30.
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vor 273 Tagen
NZ Dollar Falls Amid RBNZ Rate Cut Prospects
The New Zealand dollar weakened against other major currencies in the Asian session on Friday, as traders expect the Reserve Bank of New Zealand (RBNZ) to cut its interest rates at the next week's monetary policy meeting.
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vor 273 Tagen
Sensex, Nifty Notably Higher As Stocks Rise On Bargain Hunting; Adani Group Shares Recover
The Indian stock market is up in positive territory Friday morning thanks to bargain hunting at several counters after the setback in the previous session. A few stocks from the Adani Group have moved up as well.
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vor 273 Tagen
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