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Euro Weakens On Growth Concerns
The euro fell against its most major counterparts in the European session on Thursday amid risk aversion, as Eurozone's Services PMI was finalized at a six-month low of 50.9 in July.
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vor 657 Tagen
German Exports Log Marginal Growth; Private Sector Shrinks
Germany's exports registered a marginal growth in June as global demand remained weak and imports declined the most in three months, official data revealed Thursday. Elsewhere, the Purchasing Managers' survey showed that the private sector contracted in July, after expanding for five straight months, on steeper decline in manufacturing activity.
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vor 657 Tagen
Sensex, Nifty Extend Losses Amid Global Selloff
Indian shares fell sharply on Thursday to extend losses from the previous session as worries about U.S. fiscal position spurred a broad risk aversion in global financial markets.
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vor 657 Tagen
Lufthansa Q2 Profit Surges, Specifies FY23 Adj. EBIT View, Warns On Capacity; Stock Down
Deutsche Lufthansa AG reported Thursday significantly higher profit in its second quarter with strong revenue growth amid ongoing demand growth in global air travel. Looking ahead for the third quarter, the German flag carrier expects adjusted EBIT to exceed the pre-crisis level of 1.3 billion euros in 2019. The firm also specified its adjusted EBIT forecast for fiscal 2023, which is in line with
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vor 657 Tagen
European Shares Decline As Growth Worries Mount
European stocks fell on Thursday to touch three-week lows after Eurozone's Services PMI was finalized at a six-month low of 50.9 in July.
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vor 657 Tagen
FTSE 100 Extends Losses Ahead Of BOE Rate Decision
U.K. stocks traded lower on Thursday amid growth worries after a survey showed British services growth cooled to a six-month low in July.
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vor 657 Tagen
CAC 40 Slips On Growth Concerns
French stocks fell on Thursday to extend losses from the previous session on concerns about America's ability to govern itself.
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vor 657 Tagen
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DAX Declines As Trade Data Disappoints
German stocks fell on Thursday as worries about the U.S. debt persisted, and new data showed German exports stagnated in June due to weak demand from abroad.
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vor 657 Tagen
Asian Shares Extend Losses As Focus Shifts To US Jobs Data
Asian stocks ended mostly lower on Thursday to extend losses from the previous session as investors fretted about mounting debt in the U.S. and awaited cues from Friday's U.S. jobs report, which will provide further information on the monetary policy of the U.S. Federal Reserve.
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vor 657 Tagen
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Thursday.
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vor 657 Tagen
China Service Sector Growth Strengthens On New Business
China's service sector expanded at a faster pace at the start of the third quarter, underpinned by the solid growth in new business, survey results released by S&P Global revealed on Thursday. The Caixin services Purchasing Managers' Index rose more-than-expected to 54.1 in July from a five-month low of 53.9 in June. The expected reading was 52.5.
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vor 657 Tagen
European Shares Seen Mixed Ahead Of BOE Rate Decision
European stocks look set to open mostly lower on Thursday, with the BOE rate decision later in the day and Friday's U.S. jobs report likely to be in focus.
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vor 657 Tagen
European Economic News Preview: Bank Of England Policy Decision Due
The monetary policy decision from the Bank of England is due on Thursday, headlining a busy day for the European economic news. The BoE decision is likely to be a close call between a 25 basis-point and a 50 basis-point hike. The policy announcement and the quarterly monetary policy report are due at 7.00 am ET.
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vor 657 Tagen
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