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Inflation Drags Down FTSE-100
The FTSE-100 benchmark of the London Stock Exchange is currently trading lower amidst data that showed a spike in inflation.
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Před 823 dny
Abbott Laboratories Boosts FY22 Outlook - Update
While reporting financial results for the third quarter on Wednesday, Abbott Laboratories (ABT) raised its earnings and adjusted earnings guidance for the full-year 2022.
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Před 823 dny
P&G Q1 Profit Down 4%, But Results Top Estimates; Cuts FY23 Sales Outlook
Procter & Gamble reported on Wednesday that profit for the first quarter decreased four percent from last year, hurt primarily by higher commodity and input material costs, despite 1 percent net sales growth. However, both earnings per share and quarterly sales topped analysts' estimates. Looking ahead, the company maintained its earnings and organic sales growth guidance for full-year 2023.
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Před 823 dny
Bay Street Likely To Open Lower; Inflation Data In Focus
Lower Canadian and U.S. index futures, and weak bullion prices point to a negative start for the Canadian market on Wednesday. The consumer price inflation data is set to make a significant impact on the market.
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Před 823 dny
CAC-40 Stays Firm Despite Spike In Inflation In The Region
France's CAC-40 continued to hold on to gains amidst data that showed the presence of high inflation in both the Euro area as well as the U.K. The positive sentiment generated by the earnings season as well as the U.K. government's reversal of fiscal plans outweighed anxiety over inflation and monetary policy tightening in the region.
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Před 823 dny
U.S. Dollar Appreciates Amid Higher Treasury Yields
The U.S. dollar strengthened against its major counterparts in the European session on Wednesday amid rising treasury yields, as hawkish comments from Federal Reserve officials revived the prospects of aggressive monetary tightening and the threat of a recession.
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Před 823 dny
European Stocks Somewhat Subdued In Cautious Trade
After a slightly positive start and a subsequent retreat, European stocks recovered some lost ground Wednesday morning, and are modestly higher a little past noon.
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Před 823 dny
more news
DAX Gains Dip As Inflation Fears Mount
The German stock market benchmark DAX witnessed muted sentiment amidst renewed concerns over inflation after readings from Euro Area and U.K. reinforced the persistence of high inflation.
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Před 823 dny
Sensex, Nifty End Higher For 4th Straight Day
Indian stocks had a positive outing on Wednesday and despite paring some gains in the final hour, ended the session modestly higher, extending gains to a fourth straight day, with investors focusing on quarterly earnings updates.
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Před 823 dny
Asian Stocks Trade Mixed As Earnings And Inflation Swing Sentiment
Asian stocks finished mixed with the benchmarks in Japan, Australia and New Zealand tracking Tuesday's positive sentiment at Wall Street. Stock market performance in China, Hong Kong and South Korea was negative amidst concerns over inflation and economic growth.
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Před 823 dny
Pound Drops Despite Strong U.K. Inflation Data
The pound declined against its major rivals on Wednesday, despite the release of hotter-than-expected inflation data out of the U.K.
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Před 824 dny
UK Consumer Price Inflation Climbs Back To July High Of 10.1%
UK consumer price inflation accelerated more-than-expected in September, to reach its recent high marked in July, led mainly by rising food prices, preliminary figures from the Office for National Statistics showed Wednesday. The consumer price index rose 10.1 percent year-on-year following 9.9 percent increase in August. Economists had forecast 10.0 percent inflation.
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Před 824 dny
Pound Falls After U.K. Inflation Data
At 2.00 am ET Wednesday, the Office for National Statistics has released UK consumer and producer prices for September. After these data, the pound weakened against its major rivals.
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Před 824 dny
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