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U.S. Dollar Higher Against Majors
The U.S. dollar appreciated against its major counterparts in the European session on Wednesday, as better-than-expected PMI data suggested that the Federal Reserve will maintain a hawkish stance on interest rates.
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574天前
German Business Confidence Brightens In October - Ifo
Business sentiment in Germany brightened slightly in October but the modest improvement after a few months of easing failed to calm the fears of recession, a survey by the ifo institute showed on Wednesday. The ifo business climate index rose to 86.9 in October from 85.8 in the previous month, survey results from the Munich-based think tank said. The reading was well above economists' forecast
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574天前
Bay Street Likely To Open On Subdued Note
Canadian shares are likely to open on a subdued note on Wednesday, tracking mixed global cues, and sluggish commodity prices. The focus will be on the Bank of Canada's interest rate decision due a little after the commencement of the session.
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574天前
Sensex, Nifty Extend Declines On Middle East Worries
Indian shares fell sharply on Wednesday as investors pondered over global recession risks and rising geopolitical tensions in the Middle East.
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574天前
Deutsche Bank Q3 Pre-tax Profit Rises, Sees Revenue Growth In FY23; Stock Up
Deutsche Bank AG shares were gaining around 7 percent in the morning trading in Germany as well as in pre-market activity on the NYSE after the German banking major on Wednesday reported higher pre-tax profit in its third quarter, the highest for any third quarter since 2006, driven by revenue strength. On an after tax basis, profit declined.
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574天前
European Shares Decline Amid Earnings Deluge
European stocks were subdued on Wednesday, as investors digested a slew of mixed earnings reports from the region and kept a wary eye on the situation in the Middle East amidst reports of an imminent ground invasion of Gaza by Israel.
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574天前
FTSE 100 Marginally Lower As Earnings Pour In
U.K. stocks were subdued on Wednesday as investors digested a slew of earnings updates and kept a wary eye on the situation in the Middle East.
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574天前
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CAC 40 Slips As Investors Look To ECB
French stocks traded slightly lower on Wednesday as traders waited to see if the European Central Bank would raise rates on Thursday against the backdrop of weakening economic activity and cooling inflation.
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574天前
DAX Edges Lower In Lackluster Trade; Deutsche Bank Shares Up 7%
German stocks fell slightly on Wednesday, as investors digested the latest set of earnings reports and kept a wary eye on the situation in the Middle East amidst reports of an imminent ground invasion of Gaza by Israel.
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574天前
Asian Shares Broadly Higher Buoyed By China Stimulus
Asian stocks ended Wednesday's session mostly higher, with benchmark indexes in China, Hong Kong and Japan leading regional gains after China rolled out fresh stimulus to shore up its economic recovery.
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574天前
Australian Dollar Rises On Upbeat Inflation Data
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as trader's sentiment improved after the release of higher inflation data signaling the Reserve Bank of Australia delivering a final 25 basis point rate hike in November meeting.
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574天前
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday.
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574天前
Faster-Than-Expected Australia Inflation Revives Chances Of RBA Rate Hike
Faster-than-expected inflation is likely to force the Reserve Bank of Australia to deliver a 25 basis point rate hike in November, which could be the last in the current tightening cycle. Consumer prices posted a sequential growth of 1.2 percent, faster than the 0.8 percent increase in the second quarter, the Australian Bureau of Statistics reported Wednesday.
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574天前
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