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UK Service Sector Logs Weakest Growth In Almost A Year
The UK service sector grew at the slowest pace since November last year as heightened uncertainty and concerns about the domestic economic outlook damped new work, the S&P Global purchasing managers' survey showed on Tuesday. The final services Purchasing Managers' Index registered 52.0 in October, down from 52.4 in September. The reading was above the initial estimate of 51.8.
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vor 19 Tagen
Spain Unemployment Rises In October
Joblessness in Spain increased in October but logged the smallest gain for the month since 2006 except for the pandemic years of 2021 and 2022, data from the labor ministry showed on Tuesday. The number of unemployed rose by 26,769 persons, which was a below average increase for the month of October. Economists were looking for an increase of 26,500 persons.
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vor 19 Tagen
Yen Falls Amid BoJ Rate Hike Uncertainty
The Japanese yen weakened against other major currencies during the European session on Tuesday, as traders remain cautious amid a rare political crisis following a Japanese snap election that raises doubts about the Bank of Japan's capacity to raise interest rates further and the U.S. election.
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vor 19 Tagen
Boeing Strike Ends As Machinists Accept New Contract
Nearly two months long strike at Boeing Co. has ended after a majority of around 33,000 frontline workers voted to approve a new contract that will deliver 43.65 percent compounded wage increase. Following the deal, Boeing shares were gaining around 1.91 percent in the pre-market activity on the NYSE to trade.
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vor 19 Tagen
Sensex, Nifty Follow Global Peers Higher; Metal Stocks Shine
Indian shares rose notably on Tuesday despite uncertainty surrounding the U.S. presidential election and continued foreign fund outflows.
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vor 19 Tagen
Yen Falls Against Majors
The Japanese yen weakened against other against major currencies in the European session on Tuesday.
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vor 19 Tagen
European Shares Modestly Higher In Cautious Trade
European stocks eked out modest gains in cautious trade on Tuesday as investors reacted to mixed earnings updates and awaited interest-rate decisions from the Bank of England and the Federal Reserve later this week.
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vor 19 Tagen
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FTSE 100 Rises In Cautious Trade
U.K. stocks eked out modest gains in cautious trade on Tuesday as investors eagerly await the U.S. presidential election result as well as interest-rate decisions from the Bank of England and the Federal Reserve later this week.
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vor 19 Tagen
CAC 40 Marginally Higher In Cautious Trade
French stocks were little changed with a positive bias on Tuesday due to uncertainty surrounding the U.S. presidential election, with polls predicting a tight race.
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vor 19 Tagen
Indonesia GDP Growth Slows Marginally
Indonesia's economic growth softened in the third quarter on slowing household consumption, official data revealed on Tuesday. Gross domestic product posted an annual growth of 4.95 percent in the third quarter, slightly weaker than the 5.05 percent expansion seen in the preceding period, Statistics Indonesia said. GDP was forecast to grow 5.0 percent.
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vor 19 Tagen
DAX Subdued As Investors Await US Election Outcome
German stocks were marginally lower on Tuesday and bond markets remained on edge, as several polls revealed a tight presidential race between Republican candidate Donald Trump and Democratic nominee Kamala Harris.
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vor 19 Tagen
Asian Shares Rise On China Optimism
Asian stocks ended mostly higher on Tuesday after Chinese Premier Li Qiang expressed confidence that his government can pull off an economic recovery.
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vor 19 Tagen
Australian Dollar Rises As RBA Holds Interest Rate At 13-Year High
The Australian dollar strengthened against other major currencies in the Asian session on Monday, after Australia central bank maintained its interest rate for the eighth straight session at a 13-year high, as underlying inflation remains too high.
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vor 19 Tagen
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