European Shares Subdued Before Key Inflation Reading

RTTNews | 4天前
European Shares Subdued Before Key Inflation Reading

(RTTNews) - European stocks drifted lower on Friday, and the euro consolidated losses ahead of key Eurozone inflation data due later in the day. Earlier in the day, data showed that French consumer price inflation slowed further below the European Central Bank's target in October despite an unexpectedly strong upswing in the economy.

The pan European Stoxx 600 slipped 0.2 percent to 573.82 after ending little changed with a negative bias on Thursday.

The German DAX dipped 0.3 percent, France's CAC 40 was marginally lower and the U.K.'s FTSE 100 shed 0.3 percent.

French insurer AXA fell 1.5 percent after reporting a 6 increase in gross written premiums and other revenues for the first nine months of the year.

Fuchs, a German supplier of lubrication solutions, soared 10 percent after reporting stronger third-quarter results.

Norwegian engineering firm Aker Solutions rallied 3.1 percent after Q3 earnings beat forecasts.

Danish lender Danske Bank gained 3 percent on reporting better-than-expected third-quarter earnings.

read more
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

After languishing in negative territory till well past mid afternoon on Tuesday, the Switzerland market recovered in the final hour of the day's session to settle on a firm note.
RTTNews | 5小时16分钟前
European Stocks Close Weak Despite Late Recovery

European Stocks Close Weak Despite Late Recovery

European stocks closed lower on Tuesday and most of the markets in the region dropped to multi-week lows before regaining some lost ground, as worries about the potential impact of U.S. government shutdown and growth concerns due to tariffs forced investors to tread cautiously with regard to riskier assets.
RTTNews | 5小时42分钟前
Bay Street Likely To Open With Negative Gap

Bay Street Likely To Open With Negative Gap

Sharply lower Canadian and U.S. futures and weak commodity prices point to a gap down opening on Bay Street Tuesday morning. The focus will be on the Federal Budget to be presented by Canadian Prime Minister Mark Carney today.
RTTNews | 9小时50分钟前
Uber Q3 Profit Surges On Higher Trips, Sees Growth In Q4; But Stock Drops

Uber Q3 Profit Surges On Higher Trips, Sees Growth In Q4; But Stock Drops

Uber Technologies, Inc. reported Tuesday significantly higher profit in its third quarter as revenues beat market estimates, benefited by strong growth in trips. Bookings also were higher than last year, and the ride-hailing and food delivery company issued fourth-quarter outlook, expecting a growth. Meanwhile, the shares were losing around 5 percent in the pre-market activity.
RTTNews | 10小时19分钟前
FTSE 100 Drifts Lower; Miners Among Notable Losers

FTSE 100 Drifts Lower; Miners Among Notable Losers

The U.K. market is down in negative territory on Monday, weighed down by losses in the mining sector. The mood remains quite cautious amid concerns about global economic growth as several central banks, including the Federal Reserve and the European Central Bank signaling that further interest rate cuts are unlikely in the coming months.
RTTNews | 11小时11分钟前
CAC 40 Drops To 3-week Low On Widespread Selling

CAC 40 Drops To 3-week Low On Widespread Selling

France's CAC 40 index dropped to a three-week low on Tuesday with investors choosing to trim down positions in riskier assets amid concerns about the potential impact of the government shutdown in the U.S., some hawkish comments from Fed officials and mixed corporate earnings from the region.
RTTNews | 11小时35分钟前
DAX Down Sharply As Stocks Tumble On Growth Worries

DAX Down Sharply As Stocks Tumble On Growth Worries

The German market is down sharply in negative territory on Tuesday with stocks from across several sectors reeling under pressure as investors react to mixed earnings updates, and weak U.S. manufacturing data and hawkish comments from some Fed officials.
RTTNews | 12小时18分钟前