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Bay Street Seen Opening On Mixed Note
Canadian shares look headed for a mixed start on Wednesday, tracking global cues and slightly higher commodity prices. Ahead of crucial inflation data from the U.S., and earnings updates from major banks, the mood is likely to remain cautious.
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vor 593 Tagen
BorgWarner To Form Joint Venture With Shaanxi Fast Auto Drive Group
Borg Warner Inc. (BWA) announced Wednesday it agreed to form a joint venture with Shaanxi Fast Auto Drive Group, a China-based market-leading commercial vehicle (CV) parts supplier specializing in transmission and drivetrain systems.
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vor 593 Tagen
Sensex, Nifty End With Modest Gains As Investors Await Earnings
Indian shares ended modestly higher on Wednesday despite mixed cues from global markets.
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vor 593 Tagen
European Shares Mixed As Growth Worries Weigh
European shares traded mixed on Wednesday as investors awaited U.S. consumer price and producer price inflation data this week for additional clues on the Fed's rate trajectory.
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vor 593 Tagen
FTSE 100 Slides On Mixed Earnings; Sainsbury's Slumps 5%
U.K. stocks edged lower on Wednesday after mixed earnings updates from the likes of Greggs and Sainsbury's.
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vor 593 Tagen
CAC 40 Struggles For Direction In Lackluster Trade
French stocks struggled for direction on Wednesday after European Central Bank Vice President Luis de Guindos said the euro zone is facing weak growth and a possible recession.
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vor 593 Tagen
DAX Little Changed As Recession Worries Weigh
German stocks were little changed on Wednesday as investors awaited key U.S. inflation data as well as fourth-quarter earnings from large U.S. banks this week for directional cues.
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vor 593 Tagen
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Asian Shares Decline Ahead Of US Inflation Data; Nikkei Outperforms
Asian stocks ended mostly lower on Wednesday as investors looked ahead to the release of U.S. inflation data as well as inflation and trade figures from China this week for additional clues on the economic outlook and early interest rate cuts.
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vor 593 Tagen
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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vor 593 Tagen
Australia Inflation Weakest Since Early 2022
Australia's consumer price inflation softened to the lowest in nearly two years in November, figures from the Australian Bureau of Statistics showed on Wednesday. The consumer price index posted an annual increase of 4.3 percent in November, slower than the 4.9 percent rise in October. This was the slowest inflation since January 2022 and also below economists' forecast of 4.4 percent.
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vor 593 Tagen
European Shares Likely To Open On Muted Note
European stocks are seen opening on a cautious note Wednesday as investors await U.S. inflation data for important clues over early rate cuts by the Federal Reserve.
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vor 593 Tagen
European Economic News Preview: France Industrial Output Data Due
Industrial production from France is the only major economic data due on Wednesday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland releases industrial production figures for November. Output had increased 1.2 percent annually in October.
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vor 593 Tagen
Sensex, Nifty Struggle For Direction In Lackluster Trade
Indian shares struggled for direction on Wednesday as investors looked ahead to earnings of IT majors as well as key economic indicators like retail inflation and factory production for directional cues.
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vor 593 Tagen
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