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Eurozone Private Sector Growth Strengthens

The euro area private sector growth strengthened midway through the third quarter on solid increase in service sector activity, flash survey compiled by S&P Global showed on Thursday. The HCOB composite output index improved to a three-month high of 51.2 in August from 50.2 in July. The reading was forecast to fall to 50.1. The score signaled a faster pace of output growth.
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Cato Q2 Net Income, Sales Decline

Cato Q2 Net Income, Sales Decline

Specialty retailer Cato Corp. (CATO) reported Thursday that net income for the second quarter declined to $0.1 million or $0.01 per share from $1.1 million or $0.06 per share in the prior-year quarter.
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Sensex, Nifty End Off Day's Highs Ahead Of Powell's Speech

Sensex, Nifty End Off Day's Highs Ahead Of Powell's Speech

Indian shares ended modestly higher on Thursday, giving up some early gains as investors awaited cues from U.S. PMI and initial jobless claims figures as well as Fed Chair Powell's Friday speech at the Jackson Hole Symposium.
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Pound Rises To Against Majors

Pound Rises To Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.
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European Shares Rise On Rate Cut Hopes

European Shares Rise On Rate Cut Hopes

European stocks traded slightly higher on Thursday as a survey showed Eurozone manufacturing PMI fell from 45.8 to an 8-month low of 45.6 in August, reinforcing investor bets on a September ECB rate cut.
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German Private Sector Contraction Deepens

German Private Sector Contraction Deepens

Germany's private sector activity shrank further in August as manufacturing output declined sharply and service sector growth softened for the third consecutive month, flash survey results from S&P Global showed on Thursday. The headline HCOB flash composite output index fell unexpectedly to 48.5 in August from 49.1 in July. The score was seen at 49.2.
RTTNews | 127 hari yang lalu
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FTSE 100 Rises On Strong PMI Data

FTSE 100 Rises On Strong PMI Data

U.K. stocks rose slightly on Thursday after Britain's private sector companies reported their strongest growth in four months alongside cooling price pressures.
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CAC 40 Gains After Strong PMI Data

CAC 40 Gains After Strong PMI Data

French stocks advanced on Thursday as a survey showed France's private sector expanded in August for the first time since April, driven by the upturn in services activity.
RTTNews | 127 hari yang lalu
DAX Edges Higher On Dovish Fed Expectations

DAX Edges Higher On Dovish Fed Expectations

German stocks were modestly higher on Thursday as a preliminary survey showed German business activity contracted in August for a second consecutive month and by more than expected, reinforcing investor bets on a September ECB rate cut.
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Swiss Re Stock Gains As H1 Profit Climbs, Backs Outlook

Swiss Re Stock Gains As H1 Profit Climbs, Backs Outlook

Shares of Swiss Re Ltd. were gaining more than 3 percent in the morning trading in Switzerland after the reinsurer reported Thursday higher profit in its first half with improved insurance revenues, supported by strong contributions from all business units. Swiss Re's Group Chief Executive Officer Andreas Berger said, "After a strong start in the first half of this year, we maintain our 2024..."
RTTNews | 127 hari yang lalu
Asian Shares Mostly Higher As Investors Await Powell's Speech

Asian Shares Mostly Higher As Investors Await Powell's Speech

Asian shares rose broadly on Thursday, though a cautious undertone prevailed ahead of the annual conference of central bankers at Jackson Hole, Wyoming, where Fed Chair Jerome Powell may provide important clues on the likely policy ahead for U.S. monetary policy.
RTTNews | 127 hari yang lalu
France Private Sector Recovers On Services Activity

France Private Sector Recovers On Services Activity

France's private sector expanded in August for the first time since April driven by the upturn in services activity, flash survey results from S&P Global showed on Thursday. The composite output index rose to 52.7 in August from 49.1 in July. The score was forecast to remain unchanged at 49.1. This was the first time since April that the index has posted above the 50.0 threshold.
RTTNews | 127 hari yang lalu

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