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CAC 40 Falls As Earnings Dampen Mood
French stocks fell sharply on Wednesday, with mixed earnings from U.S. big technology companies and uncertainty around the upcoming U.S. presidential election weighing on markets.
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vor 81 Tagen
Spain GDP Expands More Than Forecast
The Spanish economy logged a faster-than-expected growth in the third quarter on domestic demand, advance estimates from the statistical office INE showed on Wednesday.
Gross domestic product grew 0.8 percent on a sequential basis, the same rate of growth as seen in the second quarter. Growth was forecast to ease to 0.6 percent.
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vor 81 Tagen
DAX Edges Lower As Investors Watch Earnings
German stocks were slightly lower on Wednesday as investors awaited a raft of earnings and economic readings this week for directional cues.
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vor 81 Tagen
Asian Shares Decline On Mixed Tech Earnings, Tariff Worries
Asian stocks ended broadly lower on Wednesday, as earnings from Google parent Alphabet and chipmaker AMD proved to be a mixed bag and the European Union (EU) announced the imposition of additional tariffs on electric vehicles (EVs) imported from China, prompting an angry response from Beijing.
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vor 81 Tagen
Commodity Currencies Extend Slide Amid Risk Aversion
The Commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars extended its weakness against major currencies in the Asian session on Wednesday amid risk aversion, as traders are cautious and reluctant to take positions ahead of the next week's U.S. presidential election and the U.S. Fed's monetary policy decision. Concern about the tension in the Middle East is also weighing on the markets.
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vor 81 Tagen
French GDP Growth Doubles In Q3
France's economic growth doubled in the third quarter as the Paris Olympic and Paralympic Games boosted consumption, official data revealed Wednesday. Gross domestic product posted a quarterly growth of 0.4 percent after expanding 0.2 percent in the second quarter, first estimate from the statistical office INSEE showed. This was also better than economists' forecast of 0.3 percent.
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vor 81 Tagen
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Wednesday.
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vor 81 Tagen
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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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vor 81 Tagen
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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vor 81 Tagen
European Shares May See Soft Opening
European stocks may open on a sluggish note Wednesday as investors react to mixed earnings results from U.S. technology companies and look forward to next week's U.S. presidential election and Federal Reserve rate decision for direction.
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vor 81 Tagen
European Economic News Preview: Eurozone GDP Data Due
Preliminary GDP estimates from the euro area and other European economies and budget announcement from the UK are due on Wednesday. At 2.30 am ET, France's statistical office INSEE publishes flash GDP and consumer spending figures. The second largest euro area economy is forecast to grow 0.3 percent in the third quarter after expanding 0.2 percent in the preceding period.
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vor 81 Tagen
Sensex, Nifty Open Lower With Earnings In Focus
Indian shares opened on a sluggish note Wednesday as caution prevailed ahead of next week's U.S. presidential election and Federal Reserve rate decision.
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vor 81 Tagen
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Wednesday, following the mixed cues from Wall Street overnight, as traders are cautious and reluctant to take positions ahead of the next week's U.S. presidential election and the US Fed's monetary policy decision. Concern about the tension in the Middle East is also weighing on the markets. Asian markets closed mostly higher on Tuesday.
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vor 81 Tagen
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