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Forex News
BMW Stock Hits On Weak Q3 Profit, Volume; Backs FY24 View
Shares of BMW Group were losing around 5 percent in the morning trade on Germany's XETRA after the luxury auto major reported Wednesday sharply lower profit and revenues in its third quarter with weak volume in all regions, mainly in China. Further, BMW Group confirmed its recently adjusted fiscal 2024 guidance. According to the firm, delivery stops related to the supplied Integrated Brake System
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245 days ago
Sensex, Nifty Rally On Trump's Victory; IT Stocks Lead
Indian shares posted strong gains on Wednesday, with firm global cues boosting sentiment after U.S. Republican Donald Trump claimed victory in the 2024 presidential contest.
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245 days ago
German Factory Orders Log Stronger Than Expected Rebound
Germany's factory orders rebounded at a faster than expected pace in September on robust demand for aircraft, ships, trains and military vehicles, data from Destatis showed on Wednesday. Factory orders advanced 4.2 percent on a monthly basis in September, in contrast to the revised 5.4 percent decline in August.
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245 days ago
Home Depot Co-founder Bernard Marcus Dies At 95
Bernard Bernie Marcus, who co-founded retail chain the Home Depot Inc., has died, aged 95. The Billionaire, said to be a major donor to Republican politicians and a supporter of Donald Trump, breathed his last on the U.S. Election day. In a statement announcing the news, the company, which is now mainly owned by institutional investors, said, "Bernie was an inspiration in many ways...."
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245 days ago
European Shares Rally On Trump Election Lead
European stocks were sharply higher on Wednesday as former U.S. President Donald Trump neared the majority mark of 270 electoral votes after taking comfortable position in four of the seven swing states.
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245 days ago
FTSE 100 Climbs As Trump Surges To Victory
U.K. stocks rallied on Wednesday as Donald Trump won the United States elections with a clear majority of 270 seats.
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245 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
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245 days ago
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CAC 40 Up Nearly 2% As Trump Secures Historic Victory
French stocks traded sharply higher on Wednesday as U.S. Republican candidate Donald Trump declared victory after winning crucial swing states and pledged to bring a 'golden age' to the United States.
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245 days ago
DAX Rallies As Trump Claims Victory
German stocks rose sharply on Wednesday as U.S. Republican candidate Donald Trump appeared to be heading for a return to the White House after claiming victory in several key battleground states.
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245 days ago
Asian Shares Mixed As Trump Claims Victory
Asian stocks ended mixed on Wednesday, while the dollar and bond yields edged up as U.S. Republican candidate Donald Trump won two crucial swing states, North Carolina and Georgia, and tightened his hold on key battlegrounds in the race for the White House.
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245 days ago
Australian Dollar Falls Amid Trump Trades Optimism
The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as optimism over the U.S. presidential election as early results show Republican candidate Donald Trump surging ahead of Democratic candidate Kamala Harris.
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245 days ago
European Economic News Preview: Germany Factory Orders Data Due
Factory orders from Germany and final composite Purchasing Managers' survey results from the euro area are the top economic news due on Wednesday. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for September. Orders are forecast to rise 1.6 percent on month after falling 5.8 percent in August.
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245 days ago
European Shares Poised To Open Mixed As Trump Extends Lead In Swing States
European stocks may open on a mixed note Wednesday as investors ponder over what a Trump presidency could mean for the region. A proposed 10 percent U.S. tariffs risk hitting European exports like autos and chemicals.
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245 days ago
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