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European Shares Gain Before ECB Verdict
European stocks traded higher on Thursday as investors digested a slew of earnings and awaited the European Central Bank's interest-rate decision.
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Eurozone Inflation Eases To 1.7% In September
Eurozone inflation eased slightly more than initially estimated in September, raising expectations for a quarter point rate cut by the European Central Bank later today. The harmonized index of consumer prices posted an annual increase of 1.7 percent, which was revised down from 1.8 percent estimated on October 1, final data from Eurostat showed on Thursday.
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FTSE 100 Slightly Higher On Rate Cut Bets
U.K. stocks were slightly higher on Thursday as signs of falling inflation spurred expectations that interest rates could be cut faster than previously thought.
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CAC 40 Climbs Ahead Of ECB Rate Decision
French stocks advanced on Thursday amid bets that the European Central Bank (ECB) will announce an interest-rate cut later in the day, responding to falling inflation and worsening economic conditions.
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Staska Pharma Recalls Ascorbic Acid Solution For Injection
Staska Pharmaceuticals, Inc. is recalling one lot of Ascorbic Acid Solution for Injection (Preservative Free, Non-Corn) 500mg/mL, 50mL vials to the user level, according to the U.S. Food and Drug Administration. The recall was due to the presence of glass particulates in one lot of vials used in the production of the impacted batch.
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DAX Gains On Earnings
German stocks traded higher on Thursday as investors digested a slew of earnings and awaited an interest rate cut by the European Central Bank later in the day.
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Expedia Stock Climbs On Report Of Takeover Interest By Uber
Shares of Expedia Group Inc. gained more than 7 percent in after-hours trading on Wednesday and is currently up above 7 percent in pre-market activity on the Nasdaq after the Financial Times reported that ride-hailing major Uber Technologies Inc. has explored a possible takeover deal for the online travel company. Meanwhile, Uber fell nearly 2.7 percent in the extended trading,...
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Asian Shares Mixed As China Briefing Disappoints
Asian stocks ended mixed on Thursday, with Chinese and Hong Kong markets giving up early gains to end sharply lower after China announced supportive measures to prop up the country's troubled property sector, albeit on a small scale.
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Swiss Franc Falls Against Majors
The Swiss franc weakened against other major currencies in the European session on Thursday.
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Australian Dollar Rises On Solid Jobs Data
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, after the release of a strong Australian employment report in September.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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European Shares Seen Mixed At Open
European stocks are seen opening on a mixed note Thursday, with the FTSE 100 likely to tick higher as the British pound dropped below $1.30 for the first time since August amid bets that slower inflation could pave the way for the Bank of England to cut interest rates again next month.
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European Economic News Preview: ECB Set To Cut Key Rates
The European Central Bank is widely expected to lower its key interest rates on Thursday as concerns about the growth outlook heightened amid inflation falling below the 2 percent target. The bank is forecast to cut the key rates by 25 basis points today after a similar reduction last month. The announcement is due at 8.15 AM ET. Later today, the bank will release the Survey of Professional Fore
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