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Sensex, Nifty Extend Declines On Middle East Worries
Indian shares fell sharply on Wednesday as investors pondered over global recession risks and rising geopolitical tensions in the Middle East.
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vor 574 Tagen
Deutsche Bank Q3 Pre-tax Profit Rises, Sees Revenue Growth In FY23; Stock Up
Deutsche Bank AG shares were gaining around 7 percent in the morning trading in Germany as well as in pre-market activity on the NYSE after the German banking major on Wednesday reported higher pre-tax profit in its third quarter, the highest for any third quarter since 2006, driven by revenue strength. On an after tax basis, profit declined.
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vor 574 Tagen
European Shares Decline Amid Earnings Deluge
European stocks were subdued on Wednesday, as investors digested a slew of mixed earnings reports from the region and kept a wary eye on the situation in the Middle East amidst reports of an imminent ground invasion of Gaza by Israel.
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vor 574 Tagen
FTSE 100 Marginally Lower As Earnings Pour In
U.K. stocks were subdued on Wednesday as investors digested a slew of earnings updates and kept a wary eye on the situation in the Middle East.
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vor 574 Tagen
CAC 40 Slips As Investors Look To ECB
French stocks traded slightly lower on Wednesday as traders waited to see if the European Central Bank would raise rates on Thursday against the backdrop of weakening economic activity and cooling inflation.
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vor 574 Tagen
DAX Edges Lower In Lackluster Trade; Deutsche Bank Shares Up 7%
German stocks fell slightly on Wednesday, as investors digested the latest set of earnings reports and kept a wary eye on the situation in the Middle East amidst reports of an imminent ground invasion of Gaza by Israel.
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vor 574 Tagen
Asian Shares Broadly Higher Buoyed By China Stimulus
Asian stocks ended Wednesday's session mostly higher, with benchmark indexes in China, Hong Kong and Japan leading regional gains after China rolled out fresh stimulus to shore up its economic recovery.
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vor 574 Tagen
more news
Australian Dollar Rises On Upbeat Inflation Data
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as trader's sentiment improved after the release of higher inflation data signaling the Reserve Bank of Australia delivering a final 25 basis point rate hike in November meeting.
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vor 574 Tagen
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday.
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vor 574 Tagen
Faster-Than-Expected Australia Inflation Revives Chances Of RBA Rate Hike
Faster-than-expected inflation is likely to force the Reserve Bank of Australia to deliver a 25 basis point rate hike in November, which could be the last in the current tightening cycle. Consumer prices posted a sequential growth of 1.2 percent, faster than the 0.8 percent increase in the second quarter, the Australian Bureau of Statistics reported Wednesday.
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vor 574 Tagen
European Shares Seen Opening Up On China Stimulus
European stocks are likely to open higher on Wednesday after China stepped up support for the world's second largest economy.
The Chinese government unveiled new stimulus plans that include issuing additional sovereign debt and raising the budget deficit ratio, confirming with the country's economic development goals.
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vor 574 Tagen
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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vor 574 Tagen
European Economic News Preview: Germany Ifo Business Confidence Data Due
Business sentiment survey data from Germany and monetary aggregates from the euro area are the top economic news due on Wednesday. At 3.00 am ET, Spain's statistical office INE releases producer prices for September. Prices had declined 10.0 percent annually in August.
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vor 574 Tagen
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