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European Shares Slump As Risk Appetite Wanes
European stocks tumbled on Wednesday as investors fretted about energy shortages and Britain's radical tax cuts to spur growth.
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1058 days ago
FTSE 100 Extends Losses Amid Criticism Over Tax Cuts
U.K. stocks fell on Wednesday to extend losses from the previous session amid concerns that interest rates may soon rise sharply.
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1058 days ago
CAC 40 Declines On Growth Concerns
French stocks fell sharply on Wednesday, with concerns about energy shortages and spiraling inflation keeping investors nervous.
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1058 days ago
DAX Tumbles As Consumer Confidence Slumps
German stocks tumbled on Wednesday, with renewed energy concerns and weak consumer confidence data weighing on sentiment.
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1058 days ago
Asian Shares Retreat On Recession Fears
Asian stocks tumbled on Wednesday as hawkish Fed talk added to worries about a looming recession. Concerns over Europe's energy crisis and unfunded U.K. tax cuts also kept investors nervous.
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1058 days ago
U.S. Dollar Advances As White House Dismisses Possibility Of Currency Accord
The U.S. dollar was higher against its major counterparts in the Asian session on Wednesday, as the White House Economic Adviser Brian Deese remarked that a global accord to adjust the value of the U.S. currency is unlikely to happen for the time being.
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1058 days ago
German Consumer Sentiment To Slide Again On High Inflation: GfK
Germany's consumer sentiment is set to fall again to a fresh record low in October as high inflation amid rising energy prices hit income expectations, and in turn, consumer spending, survey results from the market research group GfK showed on Wednesday. The consumer confidence index plunged to -42.5 in October from revised -36.8 in the previous month. The score was also weaker than the economi
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1058 days ago
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European Shares Poised For Tepid Start As Recession Risks Loom
European stocks are seen opening lower on Wednesday after a series of unusual leaks on two natural gas pipelines running from Russia under the Baltic Sea to Germany triggered concerns about sabotage.
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1058 days ago
European Economics Preview: Germany GfK Consumer Confidence Due
Consumer confidence data from Germany and France are the only major reports due on Wednesday. At 2.00 am ET, the market research group GfK is slated to issue consumer sentiment survey data for October. The sentiment index is seen at -39.0 versus -36.5 in September.
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1058 days ago
Sensex, Nifty Tumble On Fed Rate Hike Worries
Indian shares opened sharply lower on Wednesday, tracking weak global markets and a rising dollar after comments from Federal Reserve Bank of St. Louis President James Bullard and San Francisco Federal Reserve Bank President Mary Daly underscored the need for tighter policy.
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1058 days ago
Asian Markets Tumbling On Recession Fears
Asian stock markets are mostly lower on Wednesday, following the mixed to negative cues from global markets overnight, as traders are cautious and remained worried that efforts by central banks around the world to curb inflation may trigger a global recession. Uncertainty due to the ongoing conflict in Ukraine is also weighing on market sentiment. Asian Markets closed mostly higher on Tuesday.
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1058 days ago
Sensex, Nifty Set For Steep Sell-off As Dollar Resumes Rally
Indian shares look set to open on a tepid note Wednesday as markets price in slower growth in the near term because of higher interest rates and inflation.
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1059 days ago
Japanese Market Tumbling
The Japanese stock market is sharply lower on Wednesday, giving up the small gains in the previous session, with the Nikkei 225 falling 600 points to below the 26,000 mark, following the mixed cues from Wall Street overnight, with weakness across all sectors as trades react to the release of the minutes from the Bank of Japan's monetary policy meeting.
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1059 days ago
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