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Linde Boosts FY23 Adj. EPS Outlook - Update
While reporting financial results for the second quarter on Thursday, industrial gases company Linde plc (LIN) raised its adjusted earnings guidance for the full-year 2023.
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Sensex, Nifty Give Up Earlier Gains Amid F&O Expiry
Indian shares gave up earlier gains to end a tad lower on Thursday, as volatility on eve of derivative expiry offset firm cues from global markets.
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European Shares Rally As Fed Downplays Recession Risks
European shares hit nine-week highs on Thursday as investors reacted to the Fed's interest-rate decision and awaited the ECB rate announcement later in the day.
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FTSE 100 Slightly Higher Amid Earnings Deluge
U.K. stocks traded slightly higher on Thursday as investors reacted to a slew of earnings updates and awaited the ECB rate decision later in the day.
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CAC 40 Rallies On Strong Earnings
French stocks rallied on Thursday, with Fed rate pause optimism and a slew of upbeat earnings boosting investor sentiment.
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DAX Rallies On Fed Optimism
German stocks climbed on Thursday amid optimism the Federal Reserve is nearing the end of its tightening cycle.
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Asian Shares Gain As Fed Keeps Options Open
Asian stocks advanced on Thursday after the U.S. Federal Reserve reiterated its fight against inflation and Chair Jerome Powell said staff economists at the central bank no longer foresee a recession.
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more news
Antipodean Currencies Rise As Asian Shares Traded Higher
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Thursday, as investors reacted positively to the U.S. Fed's widely expected decision to resume hiking interest rates following a pause last month.
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Yen Rises Against Majors
The Japanese strengthened against other major currencies in the Asian session on Thursday.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Thursday.
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Hong Kong Central Bank Hikes Key Rate
Hong Kong's central bank raised its benchmark rate by a quarter-point on Thursday, in tandem with the decision of the US Federal Reserve. The Hong Kong Monetary Authority adjusted the Base Rate to 5.75 percent from 5.50 percent, with immediate effect.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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European Economic News Preview: ECB Monetary Policy Announcement Due
The European Central Bank is slated to announce its monetary policy decision later today after the U.S. Federal Reserve hiked its benchmark rate by a quarter-point on Wednesday. Markets widely expect the ECB to raise the main refi rate again by 25 basis points, to 4.25 percent. The outcome of the governing council meeting held in Frankfurt is due at 8.15 am ET.
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