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ABB Stock Down On Weak Q2 Orders, Despite Profit Growth; Confirms Outlook
Shares of ABB Ltd. were losing around 6 percent in the morning trading in Switzerland after the Swiss engineering company on Thursday reported weak orders in its second quarter, even as profit and revenues were higher on solid demand.Looking ahead for the third quarter, the company projects sequentially higher growth rate in comparable revenues, and the operational EBITA mergin to be around...
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103 일 전
European Shares Gain Before ECB Decision
European stocks edged higher on Thursday ahead of the monetary policy announcement from the European Central Bank (ECB) later in the day.
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103 일 전
FTSE 100 Climbs As Wage Growth Slows
U.K. stocks advanced on Thursday as data showed U.K. wage growth softened in the three months to May period, raising hopes of interest rate cuts ahead of the Bank of England's rate decision next month.
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103 일 전
CAC 40 Gains Ahead Of ECB Rate Decision; Publicis Shares Jump Over 4%
French stocks were moving higher on Thursday ahead of a European Central Bank (ECB) policy meeting later in the day.
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103 일 전
UK Labor Market Cools In May
UK wage growth softened in the three months to May period suggesting that the labor market cooled further and revived hopes of interest rate cuts. The unemployment rate came in at 4.4 percent in March to May period, unchanged from the preceding three months, the Office for National Statistics said Thursday. The figure matched economists' forecast.
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103 일 전
DAX Subdued Amid US-China Tensions; Automakers Surge
German stocks were subdued on Thursday as geopolitical tensions between the U.S. and China intensified, raising uncertainty around U.S. policy ahead of the presidential elections.
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103 일 전
Asian Shares Decline On Big Tech Selloff
Asian stocks fell broadly on Thursday as tech shares came under heavy selling pressure on signs of worsening trade tensions between the China and the United States.
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103 일 전
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Australian Dollar Recovers After Strong Jobs Data
The Australian dollar recovered from recent losses against other major currencies in the Asian session on Thursday, after data showed that Australia's employment rose more than expected in June, signaling a possible rate hike by the Reserve Bank of Australia.
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103 일 전
Australia Jobless Rate Rises Slightly In June
Australia's unemployment rate rose slightly despite a sharp increase in employment, data from the Australian Bureau of Statistics showed on Thursday.
The jobless rate rose slightly to a seasonally adjusted 4.1 percent in June, while it was expected to remain unchanged at 4.0 percent. Employment increased by 50,200 in June, much bigger than economists' forecast of 20,000.
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103 일 전
Australian Dollar Recovers Against Majors
The Australian dollar recovered from recent losses against other major currencies in the Asian session on Thursday.
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103 일 전
European Economic News Preview: ECB To Keep Rates On Hold
The monetary policy announcement from the European Central Bank is the top economic event due on Thursday. Markets expect the ECB to keep its key rates on hold today after cutting the rates for the first time in five years in June. The main refinancing rate was lowered by 25 basis points to 4.25 percent.
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103 일 전
European Shares Seen Broadly Higher With ECB Meeting In Focus
European stocks may open broadly higher on Thursday ahead of a European Central Bank (ECB) policy meeting later in the day.
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103 일 전
Sensex, Nifty Modestly Lower In Early Trade
Indian shares were a tad lower in early trade on Thursday as investors fretted about rising oil prices and heightened U.S.-China tensions.
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104 일 전
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