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Eurozone GDP Shrinks Unexpectedly; Inflation Lowest In More Than 2 Years
The unexpected contraction in the euro area economy during the third quarter as well as inflation slowing to a more than two-year low in November reflects the impact of the aggressive monetary policy tightening stance adopted by the European Central Bank so far but the stage is still not set for a rate cut as inflation is forecast to stay "higher for longer".
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vor 660 Tagen
Pound Strengthens As European Shares Gain
The pound firmed against its major counterparts in the European session on Tuesday, as European stocks advanced amid positive earnings results, while investors awaited the Federal Reserve's monetary policy meeting for clues on the interest rate path.
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vor 660 Tagen
Public Service Enterprise Reaffirms FY23 Operating Earnings Outlook - Update
While reporting financial results for the third quarter on Tuesday, Public Service Enterprise Group, Inc. (PEG) reaffirmed its operating earnings guidance for the full-year 2023.
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vor 660 Tagen
Bay Street Likely To Open On Positive Note
Canadian shares look set to open on a positive note on Tuesday, tracking European stocks and higher crude oil prices. Canada's GDP data, due before the opening bell, is expected to significantly impact the mood.
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vor 660 Tagen
Global Payments Boosts FY23 Adj. EPS Outlook - Update
While reporting financial results for the third quarter on Tuesday, payments technology company Global Payments Inc. (GPN) raised its adjusted earnings guidance for the full year 2023, while reaffirming annual adjusted revenue outlook.
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vor 660 Tagen
Pfizer Reaffirms FY23 Outlook - Update
While reporting financial results for the third quarter, drug major Pfizer Inc. (PFE) reaffirmed its adjusted earnings and revenue guidance for the full-year 2023.
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vor 660 Tagen
BoJ Modifies Yield Curve Control
The Bank of Japan decided to bring more flexibility to its yield curve control policy as strictly capping the long-term yields entail large side effects and the central bank retained its negative interest rate. The BoJ policy board, led by Governor Kazuo Ueda, decided to regard the upper bound of 1.0 percent for 10-year JGB yields as a 'reference' in its market operations.
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vor 660 Tagen
more news
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Tuesday.
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vor 660 Tagen
BP Stock Dips As Q3 Profit Misses View; Plans Addl. $1.5 Bln Buyback
Shares of BP Plc were losing around 4 percent in the morning trading in London as well as in pre-market activity on the NYSE after the British energy major reported Tuesday weak underlying replacement cost profit in its third quarter, below market estimates, as revenues were hit by lower gas prices. On a reported basis, replacement cost profit was significantly higher.
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vor 660 Tagen
Sensex, Nifty End Modestly Lower; Insurance Firms Rally
Indian shares ended slightly lower on Tuesday following two days of gains.
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vor 660 Tagen
European Shares Gain Ahead Of Inflation And GDP Data
European stocks advanced on Tuesday and regional bond yields dipped after France and the Netherlands reported falling inflation in October.
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vor 660 Tagen
FTSE 100 Gains In Cautious Trade; BP Shares Slump
U.K. stocks eked out modest gains on Tuesday even as energy stocks declined following BP's disappointing third-quarter earnings results.
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vor 660 Tagen
CAC 40 Gains After GDP Data
French stocks traded higher on Tuesday after data showed France's economy expanded modestly in the third quarter.
RTTNews
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vor 660 Tagen
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