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Forex News
CAC 40 Edges Higher; Saint Gobain Shares Rally On Earnings
French stocks opened higher on Friday to extend gains from the previous session amid optimism that the world may avoid a deep recession and only experience slow growth or a softer recession.
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868 days ago
DAX Edges Higher In Lackluster Trade; BASF Shares Tumble
German stocks edged up slightly on Friday as data showed Germany's consumer sentiment is set to strengthen for the fifth month in a row in March amid lower energy prices.
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868 days ago
Asian Shares Mixed In Cautious Trade
Asian stocks ended mixed on Friday despite Wall Street snapping a four-day losing streak overnight on the back of better-than-expected fourth quarter profits announced by chip maker Nvidia.
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868 days ago
Holcim FY22 Profit Up, Sees Growth In FY23; Names New Chairman
Swiss building materials firm Holcim Group reported Friday higher profit in fiscal 2022 with srong sales, even as fourth-quarter recurring EBIT, a key earnings metric, and sales were weak. Further, the company lifted its dividend, and said it projects growth in profit and sales for fiscal 2023. Holcim announced that its Board of Directors intends to propose CEO Jan Jenisch as the new Chairman.
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868 days ago
German Consumer Confidence Improves For Fifth Month - GfK
Germany's consumer sentiment is set to strengthen for the fifth month in a row in March amid lower energy prices and recent data signaling that the biggest euro area economy may avoid a recession, survey results from the market research firm GfK showed Friday. The forward-looking Consumer Confidence Index for March rose to -30.5 points from a revised -33.8 points in February.
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868 days ago
UK Car Production Drops Slightly In January: SMMT
UK car production dropped only slightly in January as output of electrified vehicles increased sharply, data from the Society of Motor Manufacturers and Traders showed Friday. Output decreased 0.3 percent on a yearly basis in January, the lobby said. The loss was equivalent to 215 cars, which was driven mainly by structural changes in a major plant, shifting from car to van production.
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869 days ago
European Economic News Preview: Germany Final GDP, Consumer Confidence Due
Final quarterly national accounts and consumer confidence from Germany are the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Germany's statistical office Destatis is scheduled to issue detailed results for the fourth quarter GDP. The initial estimate showed that the largest euro area economy shrank 0.2 percent sequentially.
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869 days ago
more news
European Shares Seen Opening Higher In Cautious Trade
European stocks may open broadly higher on Friday after Wall Street shook off a midday slump to close higher overnight, led by gains in tech and growth stocks.
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869 days ago
Japan Consumer Price Inflation At 41-Year High
Japan's consumer price inflation accelerated further in January to hit a fresh 41-year high, adding pressure on the central bank to withdraw its massive monetary stimulus.
Core inflation that excludes volatile fresh food accelerated to 4.2 percent in January from 4.0 percent in the previous month, data from the Ministry of Internal Affairs and Communications showed Friday.
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869 days ago
Sensex, Nifty Open Higher After Recent Losses
Indian shares opened a tad higher on Friday after five consecutive sessions of losses.
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869 days ago
Asian Markets Mostly Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, as the markets remain concerned over the outlook for interest rates after the US Fed's minutes offered few surprises but reiterated that the central bank will continue to raise interest rates in its battle against inflation. Asian markets ended mixed on Thursday.
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869 days ago
Thai Bourse Tipped To End Losing Streak
The Thai stock market has moved lower in two straight sessions, sinking more than 15 points or 1 percent along the way. The Stock Exchange of Thailand now rests just above the 1,650-point plateau although it may stop the bleeding on Friday.
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869 days ago
Sensex, Nifty Likely To Open On Steady Note
Indian shares may see modest gains at open on Friday after Wall Street stocks broke a four-day losing streak overnight, led by gains in tech and growth stocks.
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869 days ago
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