Actualités Forex
Lilly To Supply Addl. 150K Doses Of Bebtelovimab To U.S. Government For About $275 Mln
Eli Lilly and Co. (LLY) announced Wednesday a modified purchase agreement with the U.S. government to supply an additional 150,000 doses of bebtelovimab for approximately $275 million. The existing U.S. government supply of bebtelovimab, including the new purchase, is expected to meet present demand through late August 2022.
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McCormick Slashes FY22 Earnings Outlook - Update
While reporting financial results for the second quarter on Wednesday, flavor maker McCormick & Co., Inc. (MKC) trimmed its earnings and adjusted earnings guidance for the full year 2022, while maintaining annual sales growth outlook.
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Sensex, Nifty Snap Four-day Winning Streak
Indian shares ended slightly lower on Wednesday to snap a four-day winning streak, as renewed concerns about inflation and the risk of recession weighed on the rupee,
which fell 19 paise to close at a new record low of 79.04 against the dollar.
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European Shares Decline After Spain Inflation Surge
European stocks fell on Wednesday following a three-day rally. A cautious undertone prevailed ahead of a speech by European Central Bank President Christine Lagarde at the Sintra forum, alongside Federal Reserve Chairman Jerome Powell and Bank of England Governor Andrew Baile.
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FTSE 100 Edges Lower Ahead Of Bailey Speech
U.K. stocks were moving lower on Wednesday after a steep drop in U.S. consumer confidence stoked worries about a slowdown.
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CAC 40 Slides Ahead Of Powell's Speech
French stocks fell notably on Wednesday, as renewed fears over a possible recession overshadowed recent optimism about China reopening.
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DAX Slips On Recession Worries
German shares fell sharply on Wednesday as dire U.S. consumer confidence data released overnight stoked concerns about the economic and earnings outlook.
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more news
Australian Dollar Falls; Yen Rises On Recession Concerns
The Australian dollar declined against its major counterparts in the Asian session on Wednesday, while the Japanese yen advanced, as Asian stock markets are mostly lower, following the broadly negative cues overnight from Wall Street, after data showed that U.S. consumer confidence fell sharply in June, renewing concerns about inflation and the risk of recession.
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Asian Shares Decline On Recession Worries
Asian stocks fell on Wednesday as investors fretted over high inflation and the possibility of a recession. Risk-off sentiment boosted the safe-haven dollar while crude prices declined after a three-day rally.
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European Shares Seen Subdued Ahead Of Powell's Speech
European stocks may open lower on Wednesday as investors pause for breath after three days of gains.
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Sensex, Nifty Decline On Growth Slowdown Worries
Indian shares followed global peers lower on Wednesday amid doubts over whether the Federal Reserve can avoid a bruising economic downturn.
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European Economics Preview: Germany Flash Inflation Data Due
Flash inflation data from Germany and economic confidence from euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Sweden releases household lending data for May. At 3.00 am ET, Spain's INE publishes flash consumer and harmonized prices for June and retail sales for May. EU harmonized inflation is seen at 8.7 percent.
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Asian Markets Mostly Lower On Recession Worries
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues overnight from Wall Street, after weak US consumer confidence data stoked fear among investors about the risk that higher interest rates and persistent inflation could trigger a recession. Asian Markets closed mostly higher on Tuesday.
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