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FTSE 100 Recovers After Weak Start, Up Marginally At Noon
The U.K. stock market's benchmark index FTSE 100 was up marginally around noon on Wednesday with investors largely choosing to stay away from riskier assets due to concerns about valuations amid lingering uncertainty about global economic growth.
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Eurozone Private Sector Expands Most Since Early 2023
The euro area private sector posted its strongest expansion since May 2023, supported by improved demand conditions, final survey data from S&P Global showed on Wednesday. The HCOB final composite output index improved to 52.5 in October from 51.2 in September. This was the highest score since May 2023, indicating a breakout from the generally subdued growth trend seen throughout 2025 so far.
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CAC 40 Modestly Lower In Cautious Trade
French stocks are showing weakness on Wednesday, amid concerns about stretched valuations in technology stocks, and lingering worries about the potential impact of Trump administration's tariff policies.
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DAX Drifts Lower; Siemens Healthineers Down Sharply On Lower Earnings
German stocks are down in negative territory on Wednesday, extending losses from the previous session, amid concerns over high valuations and lingering worries about global economic growth due to the impact of trade tensions.
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1天前
Indonesia GDP Growth Slows In Q3
Indonesia's economic growth softened in the third quarter as anti-government unrest weighed on household consumption, official data showed Wednesday. Gross domestic product grew 5.04 percent on a yearly basis in the third quarter, slower than the 5.12 percent expansion seen in the second quarter.
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Commodity Currency's Slide Amid Risk-off Mood
The commodity currencies such as the Australia, the New Zealand and Canadian dollars weakened against their major currencies in the Asian session on Wednesday amid increasing risk-off sentiment, dragged by the benchmark indexes in Japan and South Korea which are plunging 4 to 5 percent each on concerns over stretched valuations as global tech stocks tumble on fears that an AI bubble is about to burst.
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European Shares Flat To Lower In Cautious Trade
European stocks were flat to slightly lower on Wednesday to hover near a two-week low following an overnight selloff in U.S. technology stocks.
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Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Wednesday.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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Asian Shares Decline As Tech Stocks Plunge On Valuation Concerns
Asian stocks tumbled on Wednesday as tech stocks succumbed to heavy selling pressure on increasing worries over stretched valuations and AI bubble.
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German Factory Orders Rebound In September
Germany's factory orders rebounded at a stronger-than-expected pace in September driven by higher demand for auto and electrical equipments. Factory orders expanded 1.1 percent in September from August, Destatis reported Wednesday. Orders were forecast to advance 0.9 percent, reversing a revised 0.4 percent drop in August.
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European Economic News Preview: German Factory Orders Data Due
Factory orders from Germany and final purchasing managers' survey results from the euro area are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data. Orders are forecast to grow 0.9 percent on a monthly basis in September, a turnaround from the 0.8 percent drop in August.
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1天前
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