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Euro Rebounds After Far-right Party's Election Win In Italy
The euro rose against its most major counterparts in the European session on Monday, as Giorgia Meloni's right-wing coalition has claimed victory in Italy's parliamentary elections held on Sunday.
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Pred 1058 dňami
Atea Pharma Says FDA Grants Fast Track Designation To AT-752 For Treatment Of Dengue
Biopharmaceutical company Atea Pharmaceuticals, Inc. (AVIR) announced Monday that the U.S. Food and Drug Administration (FDA) has granted Fast Track Designation to AT-752, a novel, orally administered, direct-acting antiviral for the treatment of dengue virus infection.
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Pred 1058 dňami
Sensex, Nifty End Deep In Red; IT Stocks Gain On Rupee Weakness
Indian shares fell for a fourth consecutive session on Monday and the rupee hit a record low for a third straight session, as investors fretted about faster inflation, aggressive central bank action and a possible global recession.
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German Ifo Business Confidence At 28-Month Low
German business confidence declined to the lowest level in more than two years in September signaling that the economy is slipping into a recession, survey results from the ifo Institute showed on Monday. The business confidence index fell sharply to 84.3 in September from 88.6 in August. This was the lowest since May 2020 and also below economists' forecast of 87.0.
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Pred 1058 dňami
European Shares Mixed After Italy Vote
European stocks traded mixed on Monday after having suffered heavy losses last week on worries about an economic downturn.
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FTSE 100 Subdued As Housebuilders Slump On Worries About Rates
U.K. stocks were subdued on Monday, as the pound remained under pressure and Brent crude prices fell below $85 a barrel for the first time since January on demand worries.
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CAC 40 Edges Higher After Italian Election Results
French stocks edged higher on Monday, though a cautious undertone prevailed amid concerns about a possible recession.
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DAX Edges Higher In Lackluster Trade
German stocks edged higher on Monday after suffering heavy losses last week on fears of a regional recession.
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Asian Shares Extend Losses As Recession Worries Mount
Asian stocks fell on Monday to extend recent losses, the dollar surged to new 20-year highs on rising yields, gold held at 2-1/2-year trough and oil extended last week's losses as recession fears gripped financial markets.
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Pred 1058 dňami
European Shares Set To Fall; FTSE May Outperform As Pound Hits Record Low
European markets are seen opening broadly lower on Monday, though U.K. stocks may see some benefit from a weakening pound, which plunged to a record low against the dollar on recession fears after new finance minister Kwasi Kwarteng unveiled a controversial tax-cutting mini-budget.
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Pred 1058 dňami
European Economics Preview: Germany Ifo Business Confidence Data Due
Business confidence survey data from Germany is due on Monday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland releases import price figures for August. Prices had advanced 32.5 percent annually in July.
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Pred 1058 dňami
Sensex, Nifty Tumble Amid Global Sell-off; FMCG Stocks Buck Trend
Indian shares fell notably on Monday as investors retreated from riskier assets amid lingering concerns about high inflation, rising interest rates and a possible global recession.
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Pred 1058 dňami
Asian Markets Extend Losing Streak
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from global markets on Friday, as traders remain concerned the aggressive monetary tightening by global central banks to combat elevated inflation will push the global economy into a recession, rendering the mood in the markets extremely bearish. Asian markets closed mostly lower on Friday.
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Pred 1058 dňami
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