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German Investor Sentiment Rebounds Ahead Of Federal Election: ZEW
German economic confidence logged its strongest improvement in the past two years in February ahead of the federal election as financial experts expect fiscal stimulus from the new government and also foresee better outlook for construction on the back of interest rate cuts, results of the closely watched survey by the think tank ZEW showed on Tuesday.
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93天前
UK Jobless Rate Remains Stable, Wage Growth Accelerates
The UK unemployment rate remained unchanged, but wage growth picked up in the fourth quarter, supporting the Bank of England's cautious approach to further policy cuts. The jobless rate came in at 4.4 percent in the three months to December, the same as in the preceding period, the Office for National Statistics said on Tuesday. Economists had forecast the rate to rise to 4.5 percent.
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93天前
Southwest Airlines To Cut 15% Of Corporate Jobs
Shares of Southwest Airlines Co. were gaining around 2 percent in the pre-market activity on the NYSE after the airline announced around 15% reduction in its corporate workforce, the first time in its 53-year history, as part of its cost cut initiatives. Aiming for a leaner and more agile organization under its transformational plan, the company plans to reduce around 1,750 employee roles...
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93天前
FTSE 100 Up Marginally As Investors React To Earnings, Jobs Data
After edging up marginally at the start, U.K. stocks retreated a bit and are quite subdued in late morning trade Tuesday, with investors digesting the nation's jobs data and corporate earnings updates.
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93天前
CAC 40 Roughly Flat In Lackluster Trade
French stocks are turning in a mixed performance in lackluster trade Tuesday morning as investors continue to follow the developments on the geopolitical front, and react to quarterly earnings updates.
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93天前
Sensex, Nifty End Marginally Lower Amid Volatility
Indian shares ended little changed on Tuesday after trading in the red all through the day.
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93天前
DAX Modestly Lower In Cautious Trade
German stocks are drifting lower Tuesday morning after opening marginally up, as investors continue to monitory the developments on the geopolitical front.
The focus is on U.S. - Russia talks on Ukraine, and the European leaders' views on the developments in Ukraine and discussions about the deployment of troops to Ukraine and raising defense spending.
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93天前
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Pound Rises After U.K. Employment Data
The British pound strengthened against other major currencies in the European session on Tuesday, following the release of positive U.K. employment figures for the three months ending December.
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93天前
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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93天前
European Shares Slip Into Red After Positive Start
European stocks slipped into the red on Tuesday after opening on a firm note earlier amid Ukraine war developments.
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93天前
Asian Shares Mixed In Choppy Trade
Asian stocks ended mixed on Tuesday amid U.S. tariff concerns and ahead of Ukraine peace talks in Saudi Arabia.
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93天前
Australian Dollar Rises After RBA Rate-cut Decision
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, following the Reserve Bank of Australia's (RBA) widely anticipated 25 basis point interest rate drop.
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93天前
Australia Cuts Key Interest Rate For First Time Since 2020
The Reserve Bank of Australia lowered its benchmark rate for the first time since 2020 as upside risks to inflation eased but policymakers remained cautious about further easing. The policy board of the RBA governed by Michele Bullock decided to reduce the cash rate target by 25 basis points to 4.10 percent. The decision came in line with expectations.
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94天前
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