European Shares Extend Gains For Third Day

RTTNews | Před 763 dny

(RTTNews) - European stocks rose for a third day running on Wednesday, even as U.K. markets underperformed amid a decline in commodity-related stocks.

A measure of French inflation unexpectedly slowed in December and the euro area's final composite PMI saw a slight upward revision versus the preliminary estimate, helping underpin regional sentiment.

Elsewhere, German import price inflation weakened more than expected to the lowest in nearly one-and-a half years in November, Destatis said.

Traders now await the release of the minutes from the Fed's Dec. 13-14 policy meeting later in the day as well as other key economic data expected to offer additional clues about the economic and interest-rate outlook.

The pan European STOXX Europe 600 rose 0.8 percent to 437.70 after rallying 1.2 percent in the previous session.

The German DAX and France's CAC 40 index both jumped around 1.3 percent, while the U.K.'s FTSE 100 was little changed with a positive bias.

Dutch carmaker Stellantis NV rose half percent. The company today announced the launch of Chrysler brand's Chrysler Synthesis Cockpit demonstrator to offer a mobility experience that is more user-friendly, more connected and more efficient.

Swiss power supplier BKW surged 4.2 percent after saying it expects "outstanding" result for full-year 2022.

Oil & gas firm BP Plc lost 3 percent and Shell declined 2.7 percent in London, as oil prices fell nearly 2 percent in European trade, after having fallen more than 4 percent in the U.S. trading session amid a deteriorating fuel demand outlook in China.

Miners Anglo American and Antofagasta both fell around 1 percent while commodity trading and mining firm Glencore lost nearly 5 percent.

Banks HSBC Holdings and Barclays rose around 1 percent each on expectations that they would benefit from higher interest rates.

Sanofi shares gained 0.6 percent in Paris. The healthcare firm said it expects a boost from foreign exchange movements and flu vaccine sales in its fourth-quarterly results, due to be published next month.

U.S. Dollar Extends Decline Against Australian, NZ Dollars

The U.S. dollar extended decline against the Australian and New Zealand dollars in the New York session on Wednesday.

RTTNews | Před 5 h 50 min

Swiss Market Ends On Firm Note

After struggling for direction till an hour before noon, the Switzerland market started to climb higher on Wednesday, as investors pickup stocks, reacting to earnings updates.

RTTNews | Před 6 h 22 min

European Stocks Close Mostly Higher As Investors Focus On Earnings, Economic Data

European stocks closed mostly higher on Wednesday with investors shrugging off concerns about tariffs for now and focusing on corporate earnings and regional economic data. Investors digested the data on manufacturing and services sector activity in European countries.

RTTNews | Před 6 h 36 min

Swiss Franc Higher Against Most Majors

The Swiss franc rose against its most major counterparts in the New York session on Wednesday.

RTTNews | Před 6 h 37 min

U.S. Services Index Unexpectedly Indicates Modestly Slower Growth In January

Service sector growth in the U.S. unexpectedly slowed modestly in the month of January, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its services PMI dipped to 52.8 in January from a revised 54.0 in December. While a reading above 50 still indicates growth, economists had expected the index to inch up to 54.3.

RTTNews | Před 9 h 40 min

U.S. Trade Deficit Spikes To Over Two-Year High In December

A report released by the Commerce Department on Wednesday showed the U.S. trade deficit widened significantly in December, as imports surged and exports plunged. The Commerce Department said the trade deficit spiked to $98.4 billion in December from a revised $78.9 billion in November. Economists had expected the trade deficit to jump to $96.6 billion.

RTTNews | Před 10 h 11 min

U.S. Private Sector Job Growth Exceeds Estimates In January

Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by more than expected in the month of January. ADP said private sector employment climbed by 183,000 jobs in January after rising by an upwardly revised 176,000 jobs in December. Economists had expected private sector employment to rise by 150,000 jobs.

RTTNews | Před 11 h 0 min

GSK Stock Up On Q4 Results, Positive Outlook; Plans To Buyback GBP 2 Bln Shares

Shares of GSK Plc. were gaining around 6 percent on the London Stock Exchange, as well as in the pre-market activity on the NYSE, after the British drug maker reported Wednesday a higher fourth-quarter results and issued positive outlook for fiscal 2025. The company further raised its sales view for fiscal 2031, and announced dividends and 2 billion pounds share buyback programme.

RTTNews | Před 11 h 0 min

EURUSD	1.04058	GBPUSD	1.2504	AUDUSD	0.62842
USDJPY	152.583	USDCAD	1.4318	USDCHF	0.90115