Forex News
European Shares Mixed Amid Recession Worries
European shares traded mixed on Wednesday as weak trade data from China overshadowed investor optimism over easing of COVID curbs in the country.
RTTNews |
787 days ago
Will Germany Avoid A Recession On Industrial Resilience?
Germany industrial production dropped only slightly in October despite the sharp weakness in energy-intensive sectors, signaling a less severe economic downturn at the end of the year. Industrial production dropped 0.1 percent on a monthly basis in October, slower than the expected fall of 0.6 percent.
RTTNews
|
787 days ago
FTSE 100 Edges Higher As China Eased Virus Curbs
U.K. stocks edged up slightly on Wednesday after China announced easing of its strict COVID curbs.
RTTNews
|
787 days ago
Apple To Use US-made Microchips From TSMC's New Arizona Factory
Apple Inc. plans to start using American-made processors from the new advanced chip factory in Phoenix, Arizona operated by chip giant Taiwan Semiconductor Manufacturing Co., according to its Chief Executive Officer Tim Cook. At an event in the factory in Arizona, which was attended by U.S. President Joe Biden, it was also announced that TSMC will invest $40 billion in the new factory.
RTTNews
|
787 days ago
CAC 40 Slips Amid Fed Uncertainty
French stocks were little changed on Wednesday amid China growth concerns and uncertainty over the path of U.S. monetary policy.
RTTNews
|
787 days ago
DAX Dips On Growth Worries
German stocks slipped on Wednesday amid growth worries after big U.S. banks cautioned of a likely recession next year.
RTTNews
|
787 days ago
Asian Shares Decline On US Rate Worries, Weak China Data
Asian stocks declined on Wednesday as investors reacted to mixed data out of the United States and China.
RTTNews
|
787 days ago
more news
UK House Prices Fall Most In Over 14 Years Amid Cost Of Living Crisis, Recession Worries
UK housing market continued to slow in November as house prices decreased for a third month in a row and at the steepest rate in over 14 years, suggesting increased market volatility as households reel under the pressures of a cost of living crisis and an economic recession.
RTTNews
|
788 days ago
China Exports & Imports Hurt By Zero Covid Policy, Weaker Demand
China's exports and imports fell more than expected in November as strict Covid restrictions continued to disrupt supply chains as well as consumption, further darkening the growth outlook for the biggest Asian economy amid signs of an imminent global recession. Chinese shipments registered an annual decrease of 8.7 percent in November, data from the General Administration of Customs revealed.
RTTNews
|
788 days ago
European Economics Preview: Germany Industrial Output Data Due
Industrial production from Germany and revised quarterly national accounts from the euro area are the top economic news due on Wednesday. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for October. Economists forecast output to fall 0.6 percent on month, offsetting the 0.6 percent increase in September.
RTTNews
|
788 days ago
European Shares Poised For Steady Start Despite Dismal China Data
European stocks are seen opening on a positive note Wednesday despite mounting concerns about a possible U.S. recession.
RTTNews
|
788 days ago
Sensex, Nifty Little Changed On Weak Global Cues; MPC Meeting Eyed
Indian shares were little changed on Wednesday, tracking weak global cues and amid caution ahead of the Reserve Bank of India's monetary policy announcement later in the day.
RTTNews
|
788 days ago
Asian Markets Mostly Lower, Mirrors Global Markets
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, as traders remain concerned about the outlook for interest rates and about how much further the central bank will raise rates ahead of next week's US Fed meeting following recent upbeat economic data. Asian Markets closed mixed on Tuesday.
RTTNews
|
788 days ago
Stay up to date!
Add News to your browser
Add To Chrome
