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French Manufacturing Sentiment Weakest Since Early 2021
France's manufacturing confidence deteriorated to the lowest since early 2021 on weak assessment of order books and past production, monthly survey results published by the statistical office INSEE showed on Thursday. The manufacturing sentiment index slid to 96 in August from 101 in July. This was the lowest reading since January 2021 and also below economists' forecast of 99.
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644 gün önce
CAC 40 Gains As Focus Turns To Powell's Speech
French stocks traded higher on Thursday after softer-than-economic data from the U.S. and Europe increased the chances that big central banks would soon stop raising interest rates.
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644 gün önce
DAX Rises On Hopes Of ECB Rate Pause
German stocks advanced on Thursday as retreating U.S. Treasury yields weakened the dollar and boosted appetite for riskier assets.
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644 gün önce
Asian Shares Rise On Nvidia's Bullish Outlook
Asian stocks ended mostly higher on Thursday as bond yields retreated from recent highs on the back of weak August PMI data signaling weaker economic activity in Asia, Europe and the U.S.
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644 gün önce
South Korea Central Bank Keeps Rate On Hold
South Korea's central bank retained its key interest rate for the fifth consecutive meeting and reiterated to keep the policy restrictive. The Monetary Policy Board of the Bank of Korea, governed by Rhee Chang-yong, decided to leave its policy rate at 3.50 percent. The policy rate has been raised by a cumulative 300 basis points since August 2021, taking it to the highest level since 2008.
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644 gün önce
Australian Dollar Rises As Asian Shares Traded Higher
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, as investors reacted positively to the weak U.S. PMI data that raised hopes the U.S. Fed would end its tightening campaign to avert a recession.
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644 gün önce
European Shares Seen Up On Retreating US Yields
European stocks may open higher on Thursday as investors cheer a retreat in global bond yields and upbeat earnings from artificial intelligence (AI) chip maker Nvidia.
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644 gün önce
more news
European Economic News Preview: France Business Confidence Data Due
Business sentiment survey data from France is the top economic news due on Thursday, headlining a light day for the European economic news. At 2.45 am ET, France's statistical office INSEE releases monthly business confidence survey data. The business sentiment index is forecast to fall to 99 in August from 100 in July.
RTTNews
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644 gün önce
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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644 gün önce
Sensex, Nifty Rise As Bond Yields Retreat
Indian shares were notably higher in early trade on Thursday as global bond yields pulled back further off recent highs on the back of a round of soft surveys on manufacturing.
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644 gün önce
Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, as traders reacted to weak US PMI data that raised hopes the US Fed would end its tightening campaign to avert a recession. They also remain largely cautious, awaiting US Fed Chair Jerome Powell's speech at the Jackson Hole Symposium this week.
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644 gün önce
Sensex, Nifty Set To Follow Global Peers Higher
Indian shares are seen opening on a firm note Thursday after Nvidia, the world's most valuable chipmaker, beat estimates for its fiscal second quarter and issued optimistic guidance for the current period.
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644 gün önce
Japanese Market Notably Higher
The Japanese stock market is notably higher on Thursday, extending the gains in the previous three sessions, with the Nikkei 225 moving above the 31,100 level, following the broadly positive cues from global markets overnight, boosted by gains in technology and financial stocks.
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644 gün önce
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