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FTSE 100 Extends Losses As Inflation Focus Weighs

FTSE 100 Extends Losses As Inflation Focus Weighs

FTSE 100 of the London Stock Exchange slipped more than a quarter percent, in line with its European peers even as markets reconciled with the prospect of central banks persisting with the inflation combat strategy.
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Bay Street May Open With Positive Bias

Bay Street May Open With Positive Bias

Canadian shares are likely to open with a slightly positive bias Tuesday morning, tracking higher crude oil and gold prices. However, with a slew of crucial economic data from Canada, the U.S. and China due during the course of this week, the mood is likely to remain cautious once again.
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EasyJet Stock Up On FY23 Profit, Positive Outlook

EasyJet Stock Up On FY23 Profit, Positive Outlook

Shares of EasyJet Plc were gaining more than 3 percent in the trading in London after the British low-cost airliner on Tuesday reported a profit for fiscal 2023, compared to prior year's loss, with significant contribution from easyJet holidays and strong growth in demand. Looking ahead, the company said fiscal 2024 has begun positively with strong year-on-year profit growth in October.
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German Consumer Confidence Rises In December

German Consumer Confidence Rises In December

Consumer morale in Germany rose moderately in December amid the slowing inflation but sentiment stayed at a very low level signaling no signs of sustainable recovery, survey results published jointly by GfK and the Nuremberg Institute for Market Decisions, showed on Tuesday. The consumer confidence index rose to -27.8 in December from -28.3 in November. The reading was seen at -27.0.
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DAX Close To The Flatline Ahead Of Inflation Updates

DAX Close To The Flatline Ahead Of Inflation Updates

The DAX benchmark of the Frankfurt bourse recorded only mild gains amidst anxiety ahead of the release of crucial PCE inflation readings from the U.S. as well as the euro regions.
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Eurozone M3 Money Supply Falls, Bank Lending Remains Weak

Eurozone M3 Money Supply Falls, Bank Lending Remains Weak

Eurozone money supply continued to fall and bank lending remained weak in October amid tight monetary policy, data published by the European Central Bank showed Tuesday. The monetary aggregate M3 declined 1.0 percent on a yearly basis in October after a 1.2 percent fall in September. This was the fourth consecutive fall.
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IRobot Stock Hit By EU's Competition Concerns About Amazon Deal

IRobot Stock Hit By EU's Competition Concerns About Amazon Deal

The European Commission, which was probing Amazon.com Inc.'s proposed $1.7 billion acquisition of consumer robot company iRobot Corp., said it has competition concerns regarding the deal. Following the news, the shares sank 17.2 percent on Monday's regular trading on Nasdaq to close at $34.35. However, in the after-hours trading, the shares gained around 2.5 percent.
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