European Shares Edge Higher In Lackluster Trade Ahead Of Powell Testimony

RTTNews | 905日前

(RTTNews) - European stocks were flat to slightly higher on Tuesday as investors looked for more clues on the outlook for U.S. interest rate hikes.

The dollar slipped while Eurozone short-dated bond yields hovered around multi-year highs, as Federal Reserve Chair Jerome Powell starts his two-day testimony before Congress later in the day.

In economic releases, official data showed German factory orders grew 1.0 percent in January from December, confounding expectations for a decline of 0.9 percent.

Nonetheless, the pace of growth eased from revised 3.4 percent in December.

Elsewhere, a survey showed British houses prices unexpectedly jumped in February amid improvements in consumer confidence and the mortgage market.

The pan European STOXX 600 edged up 0.2 percent to 465.20 after ending flat with a negative bias on Monday.

The German DAX, France's CAC 40 index and the U.K.'s FTSE 100 were up between 0.1 percent and 0.2 percent.

Danish brewer Carlsberg declined 2 percent. Its CEO Cees 't Hart has decided to retire after eight successful years.

British baker and fast-food chain Greggs fell over 1 percent after warning of inflationary pressures.

John Wood Group jumped more than 16 percent. The engineering firm said it was considering rejecting the latest buyout proposal from private-equity firm Apollo Global Management.

Ashtead Group gained 3 percent after the equipment rental firm forecast annual results ahead of its own estimates.

German automotive supplier Schaeffler slumped 7.3 percent after reporting a decline in FY22 profit, cutting dividend and issuing a cautious outlook for FY23.

Zalando jumped 4.7 percent after the online retailer said it would work on improving margins this year.

Henkel, a chemical and consumer goods firm, fell more than 1 percent as it posted a 13.7 percent drop in adjusted earnings before interest and tax (EBIT) in 2022.

Meal-kit maker HelloFresh lost more than 5 percent after it forecast 2023 core profit below estimates.

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.

RTTNews | 52分前

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.

RTTNews | 1時12分前

Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.

RTTNews | 1時45分前

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.

RTTNews | 4時12分前

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.

RTTNews | 4時22分前

Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners

Independent retail pharmacy Walgreen Co. announced Thursday it is now operating as a private standalone company following the closure of the acquisition of Walgreens Boots Alliance, Inc. (WBA) by New York-based private equity firm Sycamore Partners.

RTTNews | 4時34分前

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.

RTTNews | 4時45分前

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.

RTTNews | 4時51分前

EURUSD	1.16863	GBPUSD	1.35151	AUDUSD	0.65341
USDJPY	146.845	USDCAD	1.37423	USDCHF	0.8013