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Italy Retail Sales Fall 0.2% On Lower Non-Food Demand

Italy Retail Sales Fall 0.2% On Lower Non-Food Demand

Italian retail sales decreased slightly at the end of the year after recovering in the previous month, driven by a fall in non-food goods, data from the statistical office ISTAT showed on Wednesday. The value of retail sales dropped 0.2 percent month-on-month in December, reversing a 0.8 percent rebound in November. Economists had forecast a 0.8 percent fall.
RTTNews | 959 gün önce
U.S. Dollar Showing Weakness On Powell's Remarks

U.S. Dollar Showing Weakness On Powell's Remarks

The U.S. dollar drifted lower against its key counterparts in the European session on Wednesday, as investors digested less-hawkish comments from Federal Reserve Chair Jerome Powell.
RTTNews | 959 gün önce
Eaton Guides Q1, FY23 Adj. EPS Well Below Estimates - Update

Eaton Guides Q1, FY23 Adj. EPS Well Below Estimates - Update

While reporting its financial results for the fourth quarter on Wednesday, power management company Eaton Corp plc (ETN) provided adjusted earnings guidance for the first quarter and full-year 2023, well below analysts' estimates.
RTTNews | 959 gün önce
France Payroll Employment Stays Stable In Q4

France Payroll Employment Stays Stable In Q4

After seven quarters of expansion, France payroll employment remained unchanged at the end of the year as weak economic activity dampened job creation particularly in market services, flash data revealed Wednesday. Private payroll employment held steady in the fourth quarter, following a 0.6 percent rise in the third quarter, the statistical office INSEE reported.
RTTNews | 959 gün önce
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Societe Generale Q4 Profit Weak; Confirms FY25 View

Societe Generale Q4 Profit Weak; Confirms FY25 View

Societe Generale Group reported Wednesday a weak profit in its fourth quarter, despite higher net banking income. Further, the French Financial services major proposed a dividend and around 440 million euros share buyback program. The company also confirmed fiscal 2025 financial targets.
RTTNews | 959 gün önce
European Shares Climb On Dovish Powell Comments

European Shares Climb On Dovish Powell Comments

European stocks rose notably on Wednesday after Federal Reserve Chair Jerome Powell struck a less hawkish tone than feared in a question-and-answer session at the Economic Club of Washington, D.C.
RTTNews | 959 gün önce
FTSE 100 Climbs As Earnings Pick Up Pace

FTSE 100 Climbs As Earnings Pick Up Pace

U.K. stocks advanced on Wednesday as investors cheered Fed Chair Jerome Powell's comments on disinflation and assessed the latest financial results from prominent companies.
RTTNews | 959 gün önce
CAC 40 Edges Higher As Rate Hike Worries Ease

CAC 40 Edges Higher As Rate Hike Worries Ease

French stocks opened higher on Wednesday after Fed Chair Jerome Powell said he expects 2023 to be a year of "significant declines in inflation" but additional rate increases may be required if the economic data doesn't cooperate.
RTTNews | 959 gün önce
Indonesia Consumer Confidence Improves For Second Month

Indonesia Consumer Confidence Improves For Second Month

Indonesia's consumer sentiment rose for the second month in a row in January to its strongest level since August, as business and employment expectations grew, survey data from the Bank Indonesia showed Wednesday. The Consumer Confidence Index rose to 123.0 from 119.9 in December. The improvement in the consumer morale is in sync with the other main economic indicators.
RTTNews | 959 gün önce
DAX Rises On Powell Comments

DAX Rises On Powell Comments

German stocks were seeing modest gains on Wednesday after Federal Reserve Chair Jerome Powell said that "disinflation has begun" but is going to take time.
RTTNews | 959 gün önce

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