Forex Nyheter
Sensex Plunges 930 Points; Nifty Dips Below 24,500
Indian shares tumbled on Tuesday, with sentiment dented by weak September quarter earnings, stretched valuations and heavy selling by foreign investors.
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SAP Stock Up On Q3 Growth, FY24 Outlook Revision
Shares of SAP AG were gaining around 5 percent in the morning trading in Germany as well as in pre-market activity on the NYSE after the German software major raised its fiscal 2024 outlook for operating profit and cloud and software revenue after reporting higher third-quarter results.
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European Shares Mixed Ahead Of BoE Bailey's Speech
European stocks were mixed on Tuesday amid rising inflation expectations and concerns over U.S. fiscal deficit.
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FTSE 100 Drifts Lower As Budget Deficit Widens
U.K. stocks drifted lower on Tuesday after data showed the U.K. budget deficit widened more than estimated in September and also hit the highest level for the month since 2021.
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CAC 40 Slides As US Deficit Worries Grow
French stocks were slightly lower on Tuesday amid rising inflation expectations and concerns over U.S. fiscal deficit.
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DAX Rises As SAP Raises Annual Outlook
German stocks traded higher on Tuesday after software giant SAP raised its full-year targets on a strong cloud business in the third quarter.
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Asian Shares Mostly Lower As Yields Climb
Asian stocks ended broadly lower on Tuesday as Middle East tensions persisted and rising bond yields made investors rethink about rate cut chances.
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more news
UK Budget Deficit Widens More Than Estimated
The UK budget deficit widened more than officially estimated in September and also hit the highest level for the month since 2021, the Office for National Statistics reported Tuesday. Public sector net borrowing increased to GBP 16.6 billion in September from GBP 14.5 billion in the previous year. This was the third highest September borrowing since monthly records began in January 1993.
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Europe New Car Registrations Fall For Second Month: ACEA
Europe's new car registrations declined for the second straight month in September due to the fall in sales across France, Germany and Italy, data published by the European Automobile Manufacturers' Association, or ACEA, showed Tuesday. New car sales decreased 6.1 percent in September from a year ago. However, this was much slower than the 18.3 percent fall posted in August.
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European Economic News Preview: UK Public Sector Finance Data Due
Public sector finance data from the UK and new car registrations from Europe are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data. The public sector net borrowing is seen at GBP 17.4 billion in September compared to GBP 13.7 billion in August.
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European Shares Set To Open Mostly Higher
European stocks are seen opening mostly higher on Tuesday, even as a cautious undertone may prevail as investors await cues from the latest batch of earnings and speeches by Federal Reserve officials.
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Sensex, Nifty Modestly Higher In Early Trade
Indian shares were slightly higher on Tuesday despite weak cues from global markets due to lingering Middle East tensions and uncertainty over the upcoming U.S. presidential election.
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Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as bond yields surged on cooling expectations on US Fed interest rate cuts. Traders also booked some profits after the recent up surge in the markets. The uncertainty over wars in the Middle East and Europe as well as the U.S. presidential election is weighing on market sentiment.
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