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European Stocks Turning In Mixed Performance In Cautious Trade

European stocks are turning in a mixed performance on Thursday with investors largely making cautious moves amid concerns about rising inflation and fears that central banks would continue with their aggressive monetary tightening stance.
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CAC-40 Endures The Sentiment Dip In The Region

CAC-40 Endures The Sentiment Dip In The Region

CAC-40 withstood the negative sentiment in Europe driven by the spike in inflation and concerns over economic growth, amidst a boost in corporate earnings. Data showing the manufacturing climate indicator rising to 103 in October, from 102 in September and expectations of 101 also added to the positive sentiment.
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Quest Diagnostics Boosts FY22 Outlook - Update

Quest Diagnostics Boosts FY22 Outlook - Update

While reporting financial results for the third quarter on Thursday, Quest Diagnostics Inc. (DGX) raised its earnings, adjusted earnings and revenue guidance for the full-year 2022, based on its strong performance in the quarter.
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Synovus Financial Q3 Results Top Estimates

Synovus Financial Q3 Results Top Estimates

Synovus Financial Corp. (SNV), a provider of commercial and retail banking, investment, and mortgage services, reported Thursday that its third-quarter net income available to common shareholders was $194.75 million or $1.33 per share, higher than $178.48 million or $1.21 per share in the year-ago quarter.
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Sensex, Nifty Close Modestly Higher

Sensex, Nifty Close Modestly Higher

The major Indian benchmarks Sensex and the Nifty ended modestly higher on Thursday thanks to some strong buying at select counters in the final minutes of the day's session.
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Euro Climbs On Hot German Producer Inflation Data

Euro Climbs On Hot German Producer Inflation Data

The euro advanced against its most major counterparts in the European session on Thursday, as German producer inflation rose more than expected in September amid soaring energy prices.
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DAX Dips As Inflation Hurts

DAX Dips As Inflation Hurts

The German stock market benchmark DAX dropped further amidst renewed concerns over inflation and economic growth. The annual producer price inflation remaining at the 45.8 percent peak seen in August as well as disappointments in corporate earnings updates dragged down the benchmark index.
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Indian Rupee Hits Record Low Against U.S. Dollar On Fed Rate Hike Worries

Indian Rupee Hits Record Low Against U.S. Dollar On Fed Rate Hike Worries

The Indian rupee lost ground against the U.S. dollar in late morning deals on Thursday, as regional shares fell, tracking a drop in Asian shares, amid worries that aggressive monetary tightening to contain inflation could spark a global recession.
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China Keeps Loan Prime Rates Unchanged

China Keeps Loan Prime Rates Unchanged

China kept its main lending rates unchanged for the second straight month as the yuan's weakness limited the scope for policy loosening. The People's Bank of China retained its one-year loan prime rate, or LPR, at 3.65 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was kept unchanged at 4.30 percent.
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