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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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Abbott Laboratories Boosts FY22 Outlook - Update

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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P&G Q1 Profit Down 4%, But Results Top Estimates; Cuts FY23 Sales Outlook

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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Bay Street Likely To Open Lower; Inflation Data In Focus

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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CAC-40 Stays Firm Despite Spike In Inflation In The Region

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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U.S. Dollar Appreciates Amid Higher Treasury Yields

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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European Stocks Somewhat Subdued In Cautious Trade

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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DAX Gains Dip As Inflation Fears Mount

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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Sensex, Nifty End Higher For 4th Straight Day

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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Asian Stocks Trade Mixed As Earnings And Inflation Swing Sentiment

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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UK Consumer Price Inflation Climbs Back To July High Of 10.1%

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.
RTTNews | 824 दिनों पहले
Pound Falls After U.K. Inflation Data

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.
RTTNews | 824 दिनों पहले

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