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Forex Aktualności
Pound Advances As U.K. Inflation Data Beats Forecasts
The pound strengthened against its major counterparts in European deals on Wednesday, as the nation's consumer inflation came in higher than expectations in September.
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CAC 40 Marginally Higher As Luxury Stocks Gain On China Data
French stocks were little changed on Wednesday as improved economic readings from China offset worries about a worsening situation in the Middle East.
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DAX Marginally Lower On Middle East Concerns
German stocks were subdued on Wednesday, with concerns over rising oil prices and escalating tensions in the Middle East keeping investors nervous.
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Asian Shares Mixed After China Data Surprise
Asian stocks cut early losses to end mixed on Wednesday after a slew of Chinese data topped forecasts.
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ABB Stock Down On Weak Q3 Orders, Q4 Margin Warning
Swiss engineering company ABB Ltd. reported Wednesday significantly higher profit in its third quarter with strong revenue growth, while orders were weak. Going ahead, the company projects comparable revenue growth in the fourth quarter, but margin will be lower sequentially. The company further lifted its forecast for fiscal 2023. In Switzerland, ABB shares were losing around 5 percent.
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China GDP Growth Exceeds Expectations
China's economy expanded more than expected in the third quarter underpinned by policy support, suggesting that Beijing is all set to achieve its around 5 percent growth target this year as the property market downturn remains the only major drag on growth. Gross domestic product posted an annual growth of 4.9 percent in the third quarter, the National Bureau of Statistics said on Wednesday.
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European Shares Seen Tad Higher As China GDP Beats Expectations
European stocks may open flat to slightly higher on Wednesday as investors ponder over risks stemming from the Israel-Hamas conflict and react to improved China data.
Ahead of U.S. President Joe Biden's Middle East trip, Hamas and Israel traded accusations regarding the deadly blast at a hospital in Gaza City that killed 500 people and invited widespread international condemnation.
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more news
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK consumer and producer prices for September.
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Sensex, Nifty Cut Early Losses On Improved China Data
Indian shares cut early losses to trade on a flat note Wednesday as improved China data helped offset worries over escalation of the Israel-Hamas conflict.
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Asian Markets Mostly Lower Amid Cautious Trades
Asian stock markets mostly lower on Wednesday, following the mixed cues from global markets overnight, as data showing a bigger than expected increase in U.S. retail sales in September raised concerns the US Fed will keep interest rates higher for longer or even announce a rate hike this year. Higher bond yields and geopolitical concerns in the Middle East also kept investors cautious.
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China GDP Climbs 4.9% On Year In Q3
China's gross domestic product expanded an annualized 4.9 percent on year in the third quarter of 2023, the National Bureau of Statistics said on Wednesday.
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Sensex, Nifty Set To Open Lower After Gaza Hospital Attack
Indian shares look set to open lower on Wednesday as investors ponder over risks stemming from the Israel-Hamas conflict.
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667 dni temu
Japanese Market Modestly Lower
Reversing the gains in the previous session, the Japanese share market trading modestly lower on Wednesday, following the mixed cues from global markets overnight. The Nikkei 225 fell below the 32,000 mark, with losses in index heavyweights and exporters partially offset by gains in financial stocks. Traders also remain cautious ahead of key economic data from China, Japan's top trading partner.
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667 dni temu
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