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Pound Slides On Weak U.K. GDP Data
The British pound weakened against other major currencies in the early European session on Wednesday, after the U.K. economy contracted in June on weaker out-turns in the services and industrial sectors, suggesting that the region is heading for a mild recession in the second half of the year.
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vor 639 Tagen
CAC 40 Slips As Eurozone Industrial Output Falls
French stocks declined on Wednesday after data showed Eurozone industrial production fell more than expected in July.
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vor 639 Tagen
Euro Little Changed After Eurozone Industrial Production
At 5.00 am ET Wednesday, Eurostat has published euro area industrial production for July. After the data, the euro changed little against its major rivals.
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vor 639 Tagen
DAX Slips On Inflation Worries
German stocks drifted lower on Wednesday as investors braced for key U.S. inflation data, due later in the day that could provide clues on whether policymakers will keep rates higher for longer.
Rising crude prices also fuelled inflation worries. International crude prices traded around 10-month highs today on concerns over Libya output and OPEC cuts.
The benchmark DAX was down 94 points, or 0.6 percent, at 15,621 after losing half a percent in the previous session.
Automakers were broadly higher, with BMW and Volkswagen both rising about half a percent, after the EU announced an investigation into Chinese subsidies for electric vehicles.
European Commission President Ursula von der Leyen said Europe was "open to competition but not for a race to the bottom."
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vor 639 Tagen
Euro Mixed Ahead Of Eurozone Industrial Production
At 5.00 am ET Wednesday, Eurostat is scheduled to issue euro area industrial production for July. Industrial output is expected to fall 0.7 percent month-on-month, in contrast to the 0.5 percent increase in June.
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vor 639 Tagen
UK Economy Shrinks In July
The UK economy contracted in June on weaker out-turns in the services and industrial sectors, suggesting that the region is heading for a mild recession in the second half of the year. Real gross domestic product fell 0.5 percent in July, offsetting June's 0.5 percent increase, the Office for National Statistics reported Wednesday.
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vor 639 Tagen
Asian Shares Mostly Lower Ahead Of US Inflation Report
Asian stocks ended mostly lower on Wednesday as investors braced for key U.S. inflation data due later in the day that could influence rate hike expectations.
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vor 639 Tagen
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Pound Slides Against Majors
The British pound weakened against other major currencies in the early European session on Wednesday.
RTTNews
|
vor 639 Tagen
Antipodean Currencies Fall As Asian Shares Traded Lower
Antipodean currencies such as the Australia and the New Zealand dollar weakened against its major counterparts in the Asian session on Wednesday, as traders remained cautious ahead of the release of a key U.S. inflation data later in the day that could influence the outlook for interest rates. Inflation fears due to the continued spike in crude oil prices also weighed on sentiment.
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vor 639 Tagen
Verizon To Offer All New Apple IPhone 15, Watch Lineup
Telecom major Verizon Communications Inc. said it will offer Apple Inc.'s all new lineup of iPhone 15 and iPhone 15 Plus, as well as Apple Watch Series 9 and Apple Watch Ultra 2. Verizon will also offer iPhone 15 Pro and iPhone 15 Pro Max, Apple's lightest Pro models ever. The new Apple Watch lineup also includes the second generation of Apple Watch SE, and AirPods Pro.
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vor 639 Tagen
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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vor 639 Tagen
European Shares To See Cautious Start As US Inflation Data Looms
European stocks are seen opening on a subdued note Wednesday as investors await U.S. consumer price inflation data later in the day that might show that price pressures accelerated in August from the prior month due to rising fuel prices and strong consumer spending.
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vor 639 Tagen
NZ Dollar Drops Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday.
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vor 639 Tagen
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