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Pound Drops After BoE Decision
As expected, the Bank of England raised its key rate by 75 basis points to 3 percent from 2.25 percent.
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939 gün önce
Pound Mixed Ahead Of BoE Decision
The Bank of England's monetary policy announcement is due at 8:00 am ET Thursday. The BoE is widely expected to raise its key rate by 75 basis points to 3 percent from 2.25 percent.
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939 gün önce
UK Service Sector Shrinks For First Time Since Early 2021
The UK service sector shrank in October for the first time since early 2021, as heightened political and economic uncertainty weighed on investment decisions and sentiment, final data from S&P Global showed on Thursday. The Chartered Institute of Procurement & Supply services Purchasing Managers' Index posted 48.8 in October, down from 50.0 in September.
RTTNews
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939 gün önce
AmerisourceBergen Q4 Results Top Estimates; Declares Dividend - Update
While reporting financial results for the fourth quarter on Thursday, AmerisourceBergen Corp. (ABC) initiated its adjusted earnings and revenue growth guidance for the full-year 2023.
RTTNews
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939 gün önce
Sensex, Nifty End Choppy Session Modestly Lower
Indian shares fluctuated before finishing modestly lower on Thursday, tracking weak global markets as hawkish comments from Fed Chair Jerome Powell dashed hopes around easing of monetary tightening from December, and China affirmed that a zero-tolerance approach continues to be the overall strategy in tackling COVID-19.
RTTNews
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939 gün önce
U.S. Dollar Climbs As Fed Chair Jerome Powell Signals Continued Policy Tightening
Extending the previous day's rally, the U.S. dollar advanced against its major counterparts in the European session on Thursday, as comments from Federal Reserve Chairman Jerome Powell dampened hopes of a potential pivot in the monetary policy.
RTTNews
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939 gün önce
BMW Q3 Profit Climbs, Backs FY22 View; Stock Down
German luxury carmaker BMW AG reported Thursday higher profit and sales in its third quarter benefited by strong pricing, despite weak margin and slight drop in Automotive deliveries. Looking ahead, the company maintained fiscal 2022 forecast for significantly higher earnings, and slightly lower sales with weak deliveries. In Germany, BMW shares were losing around 4 percent in the morning trading.
RTTNews
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939 gün önce
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European Shares Tumble After Fed Meeting; BoE Meet Eyed
European stocks fell sharply on Thursday after the U.S. Federal Reserve fully reaffirmed its commitment to fight inflation and signaled it was "very premature" to think about pausing the tightening cycle.
RTTNews
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939 gün önce
Asian Shares Slip On Hawkish Fed, China COVID Concerns
Asian stocks followed Wall Street lower on Thursday, as investors reacted to hawkish comments from Fed Chair Jerome Powell on the outlook for inflation and rates, and China's affirmation that a zero-tolerance approach continues to be the overall strategy in tackling COVID-19.
RTTNews
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939 gün önce
European Shares Seen Lower As Powell Dashes Pivot Hopes
European stocks may follow Wall Street lower on Thursday after Fed Chair Jerome Powell's comments dashed pivot hopes.
RTTNews
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939 gün önce
China Services Activity Continues To Deteriorate In October
China's service sector registered a sustained slowdown in activity as efforts to curb the spread of Covid-19 continued to disrupt business operations in October, survey results from S&P Global showed on Thursday. The Caixin services Purchasing Managers' Index fell to 48.4 in October from 49.3 in the previous month. The reading signaled that the sector contracted the most since May.
RTTNews
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939 gün önce
European Economics Preview: BoE Likely To Hike Rates By 75 Bps
The Bank of England is set to join its global counterparts on Thursday with a 75 basis point rate hike. Markets widely expect the BoE to raise the Bank Rate to 3.00 percent from 2.25 percent. This would be the biggest hike since 1989. The announcement is due at 8.00 AM ET. The BoE is also scheduled to release its monetary policy report.
RTTNews
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939 gün önce
Sensex, Nifty Little Changed; Metal And IT Stocks Drag
Indian shares were little changed in early trade on Thursday despite weak global cues after Fed chair Jerome Powell's comments at the press conference post Fed meeting turned out to be more hawkish than expected.
RTTNews
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939 gün önce
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