European Economic News Preview: Eurozone Flash Composite PMI Data

Target Q2 Down, Yet Beats Street, Backs FY25 View, Names Michael Fiddelke CEO; Shares Hit

Shares of Target Corp. were losing around 11 percent in the pre-market activity on the NYSE, after the retail major reported Wednesday lower profit and comparable sales in its second quarter. However, earnings per share and top line beat market estimates, and the firm maintained its fiscal 2025 outlook. Separately, Target announced the appointment of Michael Fiddelke, chief operating officer,

RTTNews | 3h 15min ago

Indonesia Unexpectedly Cuts Interest Rate

Indonesia's central bank eased its monetary policy unexpectedly on Wednesday in order to bolster economic growth amid inflation remaining well within the target range. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to cut the BI rate by 25 basis points to 5.0 percent.

RTTNews | 3h 40min ago

Bay Street Likely To Open On Subdued Note

Canadian shares look headed for a somewhat subdued start on Wednesday as investors, looking for further progress in geopolitical and trade talks, are likely to remain largely cautious with their moves. Energy and gold stocks may attract buyers thanks to higher oil and bullion prices.

RTTNews | 4h 2min ago

FTSE 100 Recovers From Early Weakness, Up Nearly 0.3%

After opening slightly down and drifting further lower subsequently, the U.K. market has regained lost ground and is up in positive territory around noon on Wednesday.

RTTNews | 5h 9min ago

CAC 40 Flat In Lackluster Trade

French stocks are exhibiting some weakness on Wednesday, after seeing a big upmove in the previous session. The mood is cautious with investors looking ahead to the Federal Reserve's annual Jackson Hole Symposium.

RTTNews | 5h 32min ago

Pound Rises As UK Inflation Hits 18-Month High

The British pound strengthened against other major currencies in the European session on Wednesday, as the UK consumer price inflation accelerated to an 18-month high in July on airfares and food prices, suggesting that the Bank of England is likely to delay further easing.

RTTNews | 5h 45min ago

Sensex, Nifty Extend Gains For Fifth Day

Indian shares eked out modest gains on Wednesday, with underlying sentiment supported by the unexpected announcements relating to GST reforms and the recent progress in India-China ties.

RTTNews | 5h 47min ago

DAX Drifts Lower In Cautious Trade

The German market is notably lower on Wednesday, weighed down by losses in the defense stocks, amid rising optimism about a potential Russia-Ukraine peace deal. The focus is on the Federal Reserve's annual symposium in Jackson Hole, that gets underway on Thursday.

RTTNews | 5h 51min ago

EURUSD	1.16546	GBPUSD	1.34531	AUDUSD	0.64321
USDJPY	147.2	USDCAD	1.38726	USDCHF	0.80437