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German Industrial Output Declines On Weak Auto Production
Driven by the weaker automotive and construction output, Germany's industrial production declined more than expected in June, adding concerns of a downward revision to the second quarter GDP data. Industrial production posted a monthly fall of 1.5 percent in June, following a revised 0.1 percent drop in May, Destatis reported Monday.
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757 days ago
Eurozone Investor Confidence Improves For First Time In 4 Months
Eurozone investor confidence improved for the first time in four months in August but the currency bloc is assessed to be in recessionary mode, survey results from the behavioral research institute Sentix showed on Monday. After falling for three straight months, the Sentix economic index unexpectedly rose to -18.9 in August from -22.5 in July.
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757 days ago
U.S. Dollar Advances Ahead Of Inflation Data
The U.S. dollar climbed against its major counterparts in the European session on Monday, ahead of key inflation readings from China and the United States due this week.
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757 days ago
Viatris Reaffirms FY23 Revenue Outlook, Declares Dividend - Update
While reporting financial results for the second quarter on Monday, healthcare company Viatris Inc. (VTRS) reaffirmed its total revenue guidance for the full-year 2023.
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757 days ago
TreeHouse Foods Boosts FY23 Revenue Outlook As Q2 Revenues Tops View
While reporting financial results for the second quarter on Monday, food and beverage maker TreeHouse Foods, Inc. (THS) raised its nets sales guidance for the full-year 2023.
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757 days ago
Graham Boosts FY24 Revenue Outlook - Update
While reporting financial results for the first quarter on Monday, Graham Corp. (GHM) raised its revenue guidance for the full-year 2024, based on strong first quarter performance.
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757 days ago
Sensex, Nifty End Modestly Higher As Pharma Stocks Jump
Indian shares eked out modest gains on Monday despite weak cues from Asia and Europe.
A cautious undertone prevailed as the dollar gained traction and Treasury yields edged up ahead of key inflation readings from the U.S. and China due this week.
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757 days ago
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Indonesia GDP Growth Tops Expectations
Despite falling exports, Indonesia's economy grew at a faster-than-expected pace in the second quarter driven by household and government spending, official data showed on Monday. Gross domestic product registered an annual growth of 5.17 percent in the second quarter, following first quarter's 5.04 percent expansion, Statistics Indonesia said. This was faster than economists' forecast of 4.93
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757 days ago
European Shares Decline On Weak German, UK Data
European stocks fell in cautious trade on Monday as investors exercised caution ahead of China's trade balance figures and inflation readings from the United States and China due this week.
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757 days ago
FTSE 100 Slips As House Prices Drop For Fourth Month
U.K. stocks declined on Monday amid global growth concerns and an uptick in global bond yields ahead of key inflation readings from China and the U.S. due this week.
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757 days ago
CAC 40 Slides Ahead Of A Busy Week Of Inflation Readings
French stocks were a tad lower on Monday as investors braced for another week of corporate earnings and a fresh round of inflation data from the United States and China.
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757 days ago
DAX Slips On Weak Industrial Production Data
German stocks traded lower on Monday after official data showed Germany's industrial production declined more than expected in June on weak auto production.
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757 days ago
Asian Shares Slip Ahead Of Key Inflation Readings
Asian stocks ended flat to slightly lower on Monday as the dollar regained traction and Treasury yields climbed ahead of key inflation readings from China and the United States due this week.
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757 days ago
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