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Eurozone Private Sector Slips Into Deep Downturn

The euro area private activity slipped into a deep downturn in October as both manufacturing and services sectors contracted at faster rates, flash survey results from S&P Global showed Monday. The S&P Global composite output index fell to a 23-month low of 47.1 in October from 48.1 in the previous month. The reading was also below economists' forecast of 47.5.
RTTNews | 947 дней спустя
Euro Mixed After Eurozone PMI Data

Euro Mixed After Eurozone PMI Data

The euro traded mixed against its major counterparts in the European session on Monday, following the release of private sector survey results from the euro area.
RTTNews | 947 дней спустя
FTSE 100 Slips Into Red With Leadership Contest In Focus

FTSE 100 Slips Into Red With Leadership Contest In Focus

U.K. stocks slipped into the red on Monday, as former chancellor Rishi Sunak closed in on becoming the new prime minister after the withdrawal of Boris Johnson from the Tory leadership race on Sunday night.
RTTNews | 947 дней спустя
DAX Edges Higher In Cautious Trade

DAX Edges Higher In Cautious Trade

German stocks rose on Monday, though the upside remained capped after a survey showed the country's economic downturn deepened in October as a result of higher energy costs. The flash S&P Global composite purchasing managers' index slipped to 44.1 from 45.7 in September, the lowest since May 2020, when the country was under a COVID lockdown. The flash services PMI fell to 44.9 from 45.0.
RTTNews | 947 дней спустя
Philips Posts Q3 Loss, Warns On Q4 Sales; Cuts Around 4,000 Jobs

Philips Posts Q3 Loss, Warns On Q4 Sales; Cuts Around 4,000 Jobs

Shares of Philips Electronics NV were losing around 3 percent in the morning trading in Amsterdam as well as in pre-market activity on the NYSE after the Dutch consumer electronics giant reported a loss in its third quarter, compared to prior year's profit, with weak orders. Looking ahead for the fourth quarter, Philips expects a mid-single-digit comparable sales decline.
RTTNews | 947 дней спустя
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Asian Shares Mixed As China's Xi Begins 3rd Term

Asian Shares Mixed As China's Xi Begins 3rd Term

Asian markets ended mixed on Monday, with Chinese and Hong Kong stocks suffering heavy losses, as China's Communist Party ended its 20th National Congress over the weekend with no signs of a significant change in the zero-COVID policy that has crimped business and trade.
RTTNews | 947 дней спустя
Euro Little Changed After Eurozone PMI Data

Euro Little Changed After Eurozone PMI Data

At 4.00 am ET Monday, Eurozone S&P flash PMI survey results have been released. The euro changed little against its major rivals after the data.
RTTNews | 947 дней спустя
Euro Mixed Ahead Of Eurozone PMI Data

Euro Mixed Ahead Of Eurozone PMI Data

At 4.00 am ET Monday, Eurozone S&P flash PMI survey results are due. The composite indicator is seen at 47.5 in October, down from 48.1 in the prior month.
RTTNews | 947 дней спустя
Euro Drops After German PMI Data

Euro Drops After German PMI Data

At 3.30 am ET Monday, Germany flash PMI data has been released. The euro declined against its major rivals after the data.
RTTNews | 947 дней спустя
Euro Mixed Ahead Of German PMI Data

Euro Mixed Ahead Of German PMI Data

At 3.30 am ET Monday, Germany flash PMI data is due. Economists expect the composite PMI to drop slightly to 45.3 from 45.7 a month ago.
RTTNews | 947 дней спустя
China Q3 GDP Growth Tops Expectations

China Q3 GDP Growth Tops Expectations

China's economic growth accelerated in the third quarter after the relaxation of Covid restrictions, but other economic indicators signaled a mixed picture, official data revealed Monday. Gross domestic product logged an annual growth of 3.9 percent in the third quarter, faster than the 0.4 percent expansion seen in the second quarter, the National Bureau of Statistics reported.
RTTNews | 947 дней спустя

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