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Eurozone Private Sector Activity Moves Closer To Stagnation
The euro area private sector moved closer to stagnation in April as activity was held back by faster reduction in orders amid the escalating trade tariff concerns, the results of the latest purchasing managers' survey by S&P Global showed on Wednesday. The HCOB flash composite output index eased to 50.1 in April, which was only slightly above the 50.0 no-change mark.
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51天前
Bay Street Likely To Open On Firm Note
Sharply higher U.S. and Canadian futures point to a firm start for the Canadian markets on Wednesday. Global stocks gained in strength today with investors reacting positively to U.S. President Donald Trump's softer tone toward Federal Reserve Chair Jerome Powell, and his admission that the 145% tariffs on China are "very high" and they will come down substantially.
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51天前
FTSE 100 Notably Higher On Easing Tariff Concerns
The U.K. stock market remains firmly place in positive territory on Monday after a bright start as U.S. President Donald Trump has toned down his rhetoric on Jerome Powell, and also admitted that the 145% tariffs on China are "very high."
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51天前
German Private Sector Falls Back Into Contraction
Germany's private sector fell into the contraction territory in April as trade tariff concerns damped business confidence and demand, flash purchasing managers' survey by S&P Global revealed Wednesday. The composite output index fell to 49.7 in April from 51.3 in March. The score fell below the 50.0 no-change mark for the first time in four months.
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51天前
Tesla Stock Gains As Musk Plans DOGE Cutback, Despite Weak Q1
Shares of Tesla, Inc. were gaining around 7 percent in the pre-market hours on the Nasdaq, continuing an upbeat activity on Tuesday's after-hours, after CEO Elon Musk announced that he will reduce time with President Donald Trump's Department of Government Efficiency or DOGE significantly, starting in May. The announcement on the luxury electric vehicle maker's earnings call came after reporting..
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51天前
CAC 40 Up Nearly 2.5% As Stocks Rally On Positive Global Cues
French stocks are up sharply on Wednesday with investors reacting to U.S. President Donald Trump's softer tone toward Federal Reserve Chair Jerome Powell, and his admission that the 145% tariffs on China are "very high" and they will come down substantially.
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51天前
Pound Slides On Weak UK PMI Data
The British pound weakened against other major currencies in the European session on Wednesday, after the U.K. private sector activity deteriorated for the first time in one-and-a-half years in April amid weaker foreign demand linked to tariff uncertainty.
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51天前
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
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51天前
French Private Sector Downturn Worsens
France's private sector activity came under renewed pressure in April due to pronounced demand weakness in the domestic market and sharp deterioration in confidence, flash survey data from S&P Global showed on Wednesday. The HCOB composite output index registered 47.3 in April, down from 48.0 in March. The reading was expected to ease to 47.8.
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51天前
Sensex, Nifty Follow Global Peers Higher; IT Stocks Take Lead As Tariff Worries Ease
Indian shares rose notably on Wednesday due to easing trade tensions and U.S. President Donald Trump's softer stance towards the Fed chairman.
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51天前
DAX Rises 3% As Trump Tones Down Rhetoric On Powell, Tariffs; SAP Surges On Results
German stocks are rising sharply on Wednesday, buoyed by some upbeat corporate earnings updates, and a somewhat softer tone from U.S. President Donald Trump on the tariff issue, and toward Federal Reserve Chair Jerome Powell.
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51天前
European Shares Rally As Trump Comments Help Ease Fed, Trade Worries
European stocks rose sharply on Wednesday after U.S. President Donald Trump toned down his rhetoric on Jerome Powell, saying he would like to see him be a little more active in terms of his idea to lower interest rates but have no intention to fire him.
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51天前
Asian Shares Follow Wall Street Higher As Trump Backs Off Threat To Fire Fed Chief
Asian stocks followed Wall Street higher on Wednesday after U.S. President Donald Trump backed down from threats to dismiss Federal Reserve Chair Jerome Powell and also signaled that 145 percent tariffs on Chinese imports will "come down substantially".
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51天前
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