European Shares Mixed As US Rate Cut Bets Recede

RTTNews | 568 일 전

(RTTNews) - European stocks traded mixed on Wednesday as traders weighed hawkish comments from a slew of Federal Reserve officials and waited to see whether Chinese officials will unveil more effective measures to sustain a nascent market recovery.

Meanwhile, German industrial production posted a sharper-than-expected decline in December and France's trade deficit increased at the end of the final quarter, while U.K. house prices increased for the fourth successive month in January, separate reports revealed earlier today.

The pan European STOXX 600 was marginally higher at 486.83 after rising 0.6 percent on Tuesday.

The German DAX slipped 0.1 percent and the U.K.'s FTSE 100 dipped 0.2 percent, while France's CAC 40 was up 0.1 percent.

Carlsberg shares rallied 3 percent. The Danish brewer said it expects organic operating profit growth of 1-5 percent in 2024.

Vestas, the world's leading wind turbine maker, surged 5.6 percent after it swung to a full-year pre-tax profit, boosted by a strong order intake.

Jewlery company Pandora added about 1 percent after announcing a share buyback plan.

Homebuilder Barratt Developments plunged 7 percent in London after it agreed to buy rival Redrow. Shares of the latter jumped 13.5 percent.

Supermarket group Sainsbury tumbled 3.8 percent after reporting lower general merchandize sales in the 16 weeks to January 6.

Emerging market specialist Ashmore Group fell 2.2 percent after reporting a fall in first half adjusted profit.

TotalEnergies fell about 1 percent in Paris after Q4 adjusted EPS missed estimates. German computer software company TeamViewer soared 8 percent after Q4 revenue beat estimates.

Bio-pharmaceutical firm Evotec added 2.4 percent after expanding a collaboration with Advanced BioScience Laboratories to fight against HIV.

Siemens Energy gained 1 percent after it swung to a 1.58 billion-euro ($1.7 billion) net profit in the first quarter and confirmed is FY24 outlook.

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.

RTTNews | 44 분 전

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.

RTTNews | 1 시간 37 분 전

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.

RTTNews | 1 시간 38 분 전

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | 3 시간 4 분 전

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.

RTTNews | 3 시간 19 분 전

Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect

Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.

RTTNews | 3 시간 50 분 전

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.

RTTNews | 4 시간 1 분 전

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.

RTTNews | 4 시간 10 분 전

EURUSD	1.16421	GBPUSD	1.3508	AUDUSD	0.6513
USDJPY	147.118	USDCAD	1.37792	USDCHF	0.80178