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Continental Stock Up On Strong Q3 Profit; Cuts FY24 Sales View
Shares of Continental AG were gaining around 7 percent on the German trading after the automotive parts maker reported significantly higher profit in its third quarter, mainly as Automotive sector was benefited by the measures taken to improve earnings. Further, the company maintained fiscal 2024 adjusted margin outlook, but trimmed its sales forecast, after adjusting its outlook for ContiTech.
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12 дней спустя
BoJ Cautious On Rate Hike Timing, October Summary Shows
The Bank of Japan board members said they need to be cautious on the timing of future rate hike, a summary of opinions showed on Monday. "As the Bank has been expecting to raise the policy interest rate at a moderate pace, it has time to monitor the future course of the U.S. economy, including that after the presidential election," one member was quoted as saying at the October monetary policy meeting.
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12 дней спустя
Sensex, Nifty End Choppy Session On Flat Note
Indian shares fluctuated before ending on a flat note Monday.
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12 дней спустя
European Shares Climb Ahead Of Busy Week Of Data
European stocks traded sharply higher on Monday ahead of a busy week, with inflation readings across Europe, U.S. and a preliminary reading of euro zone third quarter GDP awaited.
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12 дней спустя
FTSE 100 Rebounds After Four-day Losing Streak
U.K. stocks started the week on a buoyant note after suffering losses in the past four sessions.
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12 дней спустя
CAC 40 Gains Despite Concerns Over Trump's Proposed Tariffs
French stocks were sharply higher on Monday despite increased uncertainty resulting from Donald Trump's decisive victory in the U.S. presidential election.
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12 дней спустя
DAX Gains Ahead Of Key Inflation Readings
German stocks opened higher on Monday as investors digested upbeat earnings and looked ahead to key inflation readings in Germany and the United States due later in the week.
The benchmark DAX was up 231 points, or 1.20 percent, at 19,446 after declining 0.8 percent on Friday.
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12 дней спустя
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Yen Falls Amid BoJ Rate-hike Uncertainty
The Japanese yen weakened against other major currencies in the Asian session on Monday, after the Bank of Japan (BoJ) Summary of Opinions from the October meeting revealed that policymakers were split on whether to raise interest rates. Also, the political uncertainty in Japan, raised doubts over the BoJ's ability to tighten its monetary policy further.
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12 дней спустя
Asian Shares Retreat On China Concerns
Asian stocks retreated on Monday as Beijing's latest stimulus fell short of investor expectations and weak inflation data dampened hopes for a significant recovery in the world's second largest economy.
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12 дней спустя
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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12 дней спустя
Chinese Economy Still Faces Deflation Risk: Capital Economics
The Chinese economy still faces the risk of slipping into a deflationary trap, Capital Economics' economist Gabriel Ng said. Data released by the National Bureau of Statistics on Saturday showed that consumer price inflation softened to 0.3 percent in October from 0.4 percent in September. Moreover, this was the weakest in four months.
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12 дней спустя
European Shares Likely To Open On Positive Note
European stocks are likely to open on a positive note Monday as investors await upcoming U.S. inflation data and speeches by Federal Reserve officials for additional clues to the Fed's rate trajectory.
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13 дней спустя
Sensex, Nifty Struggle For Direction
Indian shares fluctuated in early trade on Monday, tracking mixed cues from global markets as investors weighed the potential impact of Trump's protectionist policies on the global economy.
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13 дней спустя
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