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Swiss Trade Surplus Shrinks In 2022 As Export Growth Slows

Switzerland's foreign trade surplus decreased during the year 2022 compared to last year, as imports grew faster than exports, data from the Federal Customs Administration showed on Tuesday. Separate data showed that Swiss watch exports registered double-digit growth in 2022.
RTTNews | Pred 826 dňami
DAX Holds Steady Ahead Of PMI Data

DAX Holds Steady Ahead Of PMI Data

German stocks were largely steady on Tuesday as investors assessed the outlook for economic and corporate earnings growth against the backdrop of slowing inflation.
RTTNews | Pred 826 dňami
Ford To Reportedly Cut 3,200 Jobs In Europe

Ford To Reportedly Cut 3,200 Jobs In Europe

Ford Motor Co. seems to be the latest corporate major to join the ongoing layoffs with plans of cutting 3,200 jobs across Europe, mainly in Germany, reports said quoting Germany's IG Metall union. The U.S. auto major also plans to move some product development work to the United States. The planned workforce reduction is part of the company's efforts to cut costs to face ongoing macroeconomic...
RTTNews | Pred 826 dňami
Australia Business Conditions Continue To Weaken As Economy Slows

Australia Business Conditions Continue To Weaken As Economy Slows

Reflecting the slowdown in the economy, Australia's business conditions weakened for a third month in a row in December and are likely to ease further, while sentiment logged a moderate improvement, survey results from the National Australia Bank showed Tuesday. The NAB business conditions index fell eight points to 12 in December.
RTTNews | Pred 826 dňami
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK public sector finance data. The budget deficit is seen widening to GBP 22.3 billion in December from GBP 21.2 billion in November.
RTTNews | Pred 826 dňami
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Japan Private Sector Returns To Growth In January

Japan Private Sector Returns To Growth In January

Japan's private sector returned to growth territory in January as travel subsidy programme uplifted services activity, flash survey results from S&P Global showed Tuesday. The au Jibun Bank flash composite output index advanced to 50.8 from 49.7 in the previous month. A reading above 50.0 indicates expansion.
RTTNews | Pred 826 dňami
Sensex, Nifty Rise Led By Financials

Sensex, Nifty Rise Led By Financials

Indian shares opened higher on Tuesday, tracking a global equity market rally amid bets for less-aggressive rate hikes from the Federal Reserve.
RTTNews | Pred 826 dňami
Asian Markets Mostly Higher On Global Cues

Asian Markets Mostly Higher On Global Cues

Asian stock markets are mostly higher in thin holiday trading on Tuesday, following the broadly positive cues from global markets overnight, boosted by strong gains in technology stocks, which mirrored their peers on the tech-heavy Nasdaq. Traders are also optimistic the US Fed will slow the pace of interest rate hikes after data showed a drop in US consumer prices.
RTTNews | Pred 826 dňami
Sensex, Nifty Seen Up As Wall Street Extends Rally

Sensex, Nifty Seen Up As Wall Street Extends Rally

Indian shares are likely to open higher Tuesday on the back of firm global cues and Axis Bank's upbeat earnings results for the December quarter. The private sector lender reported a 62 percent jump in quarterly profit despite a rise in provisions.
RTTNews | Pred 826 dňami
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is sharply higher on Tuesday, extending the gains in the previous two sessions, with the Nikkei 225 moving above the 27,300 level, following the broadly positive cues from global markets overnight, with gains across most sectors, led by technology stocks.
RTTNews | Pred 826 dňami

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