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U.S. Q3 GDP Growth Unrevised At 2.8%
The jump by U.S. economic activity in the third quarter was unrevised compared to the previous estimate, according to a report released by the Commerce Department on Wednesday.
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U.S. Durable Goods Orders Rise Less Than Expected In October
The Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods increased by less than expected in the month of October.
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U.S. Weekly Jobless Claims Unexpectedly Edge Down To 213,000
A report released by the Labor Department on Wednesday showed first-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 23rd.
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German GfK Consumer Sentiment To Deteriorate Sharply
German consumer confidence is set to deteriorate sharply at the end of the year as income expectations plunged to a nine-month low on growing fears of recession, a closely watched survey showed Wednesday. The consumer sentiment index slid to -23.3 in December from revised -18.4 in November, survey results jointly published by GfK and the Nuremberg Institute for Market Decisions revealed today.
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Pound Falls Against Most Majors
The British pound weakened against most major currencies in the European session on Wednesday.
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Sensex, Nifty End Slightly Higher As Adani Group Stocks Rebound
Indian shares eked out modest gains on Wednesday as the dollar slipped in international markets and a ceasefire deal between Israel and Hezbollah militants in Lebanon came into effect in the early hours today, denting oil's risk premium.
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European Shares Drift Lower Amid France's Debt Woes
European stocks traded lower on Wednesday as investors fretted about potential inflationary pressures arising from U.S. President-elect Donald Trump's proposed tariff policies.
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FTSE 100 Modestly Higher In Cautious Trade
U.K. stocks eked out modest gains in cautious trade on Wednesday as investors awaited the release of the Federal Reserve's preferred measure of inflation and weighed the potential impact of U.S. President-elect Donald Trump's tariff proposals on economic growth.
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CAC 40 Slides As French Risk Premium Peaks
French stocks fell sharply on Wednesday, with banks suffering heavy losses as the risk premium investors demand to hold French debt rose to its highest level since 2012 amid fiscal and political turbulence and angst over the fate of the new government.
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DAX Slips Into Red With Banks, Autos Pacing Declines
German stocks traded lower on Wednesday amid concerns over whether other countries could be targeted for tariffs under incoming U.S. President Donald Trump, a day after he pledged to impose significant tariffs on goods from Canada, Mexico, and China.
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Asian Shares Mixed As Tariff Concerns Persist
Asian stocks turned in a mixed performance on Wednesday as official data showed China's industrial profits fell again in October but less sharply than in September.
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U.S. Dollar Falls On Donald Trump's Tariff Plan
The U.S. dollar weakened against other major currencies in the European session on Wednesday, as investors ponder over U.S. president-elect Donald Trump's tariff plans and await the Fed's preferred readings on consumer price inflation later in the day for additional clues on the Fed's rate trajectory.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
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