Tin tức Forex
European Markets Finish Mixed On Wednesday
The major European stock markets opened in the red on Wednesday and remained under water throughout most of the session, finally finishing mixed and little changed.
The early selling pressure came on lingering concerns about the Federal Reserve's rate hike path, which dented demand for riskier assets.
The Federal Reserve is scheduled to release the minutes of its latest monetary policy meeting later today, which could shed additional light on the outlook for interest rates amid worries the Fed will raise rates higher than currently anticipated.
Germany's DAX rose 2.27 points or 0.01 percent to finish at 15,399.89, while the FTSE in London sank 47.12 points or 0.59 percent to close at 7,930.63 and the CAC 40 in France eased 9.39 points or 0.13 percent to end at 7,299.26.
In Germany, Fresenius Medical Care skyrocketed 7.32 percent, while Fresenius SE plummeted 4.37 percent, Deutsche Borse tumbled 2.78 percent, Deutsche Bank retreated 1.52 percent, Deutsche Telekom advanced 0.93 percent, Infineon Technology dropped 0.79 percent, Deutsche Post added 0.57 percent, Heidelberg Cement rose 0.47 percent and Volkswagen perked 0.09 percent.
In London, Antofagasta plummeted 2.79 percent, while Rolls-Royce tumbled 2.15 percent, Rentokil Initial jumped 1.89 percent, Scottish Mortgage Investment Trust declined 1.83 percent, Compass Group climbed 1.48 percent, Shell slumped 1.45 percent, Vodafone skidded 1.14 percent, Prudential sank 1.03 percent, Haleon lost 0.79 percent, Centrica fell 0.63 percent, British American Tobacco rose 0.46 percent and Tesco dipped 0.24 percent.
In France, Danone surged 4.49 percent, while BNP Paribas tanked 2.20 percent, Credit Agricole surrendered 2.01 percent, Societe Generale retreated 1,94 percent, Carrefour slumped 1.21 percent, Engie weakened 1.14 percent, Orange advanced 0.87 percent, Sanofi added 0.78 percent, Veolia Environment lost 0.56 percent, Vivendi fell 0.49 percent and L'Oreal rose 0.10 percent.
In economic news, Germany's consumer price inflation accelerated as initially estimated at the start of the year amid higher energy and food prices, official data showed Wednesday. The consumer price index climbed 8.7 percent year-over-year in January, faster than the downwardly revised 8.1 percent rise in December, final data from Destatis revealed.
Italy's consumer price inflation eased more than expected in January, on lower energy and fresh food prices, but core price growth accelerated due to increase in prices across a broad range of goods and services, latest figures from the statistical office ISTAT showed Wednesday. The consumer price index rose 10.0 percent year-on-year following an 11.6 percent increase in December.
Confidence among French manufacturers improved marginally for the third straight month in February, primarily due to an improvement in the assessment of the past production and the overall order book balance, survey results from the statistical office Insee showed on Wednesday. The manufacturing confidence index rose to 104 in February from 103 in the previous month.
RTTNews |
729 ngày trước
Fed Minutes Reveal Some Participants Favored Larger Rate Hike
While the Federal Reserve's decision to further slow the pace of interest rate hikes at the latest monetary policy meeting was unanimous, the minutes of the meeting revealed some participants favored a larger rate increase.
RTTNews
|
729 ngày trước
German Business Confidence Improvement Signals Resilience
Germany's ifo business confidence indicator climbed for the fourth month in a row in February, underpinned by stronger expectations, suggesting the resilience of the biggest euro area economy that may indeed avoid a modest recession. The ifo business confidence index rose to an eight-month high of 91.1 from 90.1 in January, survey data from the Munich-based ifo institute showed Wednesday.
RTTNews
|
729 ngày trước
France Manufacturing Confidence Improves Slightly
Confidence among French manufacturers improved marginally for the third straight month in February, primarily due to an improvement in the assessment of the past production and the overall order book balance, survey results from the statistical office Insee showed on Wednesday. The manufacturing confidence index rose to 104 in February from 103 in the previous month.
RTTNews
|
729 ngày trước
Gibraltar Industries Q4 Results Miss Estimates; Sees FY23 Adj. EPS In Line
Gibraltar Industries, Inc. (ROCK) reported Wednesday that net income for the fourth quarter declined to $3.3 million or $0.11 per share from $9.8 million or $0.30 per share in the prior-year quarter.
RTTNews
|
729 ngày trước
Avista Guides FY23 Earnings In Line; Q4 EPS Tops Estimates
While reporting financial results for the fourth quarter on Wednesday, energy company Avista Corp. (AVA) confirmed its earnings guidance for the full-year 2023.
RTTNews
|
729 ngày trước
Taiwan Downgrades Growth Outlook On Weak Investment, Subdued Global Recovery
Taiwan's economy is forecast to grow at a slower than previously projected pace in the face of global growth slowdown and weak domestic investment prospects despite a faster momentum in private consumption, the Directorate General of Budget, Accounting & Statistics said on Wednesday. The real growth outlook for 2023 was lowered to 2.12 percent from 2.75 percent estimated in January.
RTTNews
|
729 ngày trước
more news
Starbucks Unveils Olive Oil Coffee Drinks
Coffee chain Starbucks Corp. announced the launch of a new line of coffee drinks infused with olive oil. Starbucks Oleato coffee beverages are making their debut on Wedenesday in Italy, followed by Southern California in the United States this spring. Later this year, select markets in Japan, the Middle East, and the United Kingdom will launch the beverages.
RTTNews
|
729 ngày trước
Travel + Leisure Q4 Adj. EPS Tops Estimates, But Revenues Miss
Leisure travel company Travel + Leisure Co. (TNL) reported Wednesday that net income attributable to TNL shareholders for the fourth quarter decreased to $90 million or $1.13 per share from $107 million or $1.23 per share in the prior-year quarter.
RTTNews
|
729 ngày trước
Standard Motor Products Q4 Adj. EPS Tops Estimates, But Net Sales Miss
Standard Motor Products, Inc. (SMP), an automotive replacement parts manufacturer and distributor, reported Wednesday that net income from continuing operations for the fourth quarter plunged to $8.55 million or $0.39 per share from $20.02 million or $0.89 per share in the prior-year quarter.
RTTNews
|
729 ngày trước
Hong Kong Govt To Hand Out Consumption Vouchers, Cuts Tax
Hong Kong Financial Secretary Paul Chan on Wednesday unveiled consumption vouchers, salaries tax cuts and a new scheme to attract talent as well as investment for the economic revival. In the budget 2023-24, Chan said "I believe that Hong Kong's economy will visibly recover this year, and I remain positive." But the economic recovery is still in its initial stage, he added.
RTTNews
|
729 ngày trước
Allegion Q4 Results Top Estimates; Sees FY23 Earnings Above Market
Allegion plc, a provider of security products and solutions, reported Wednesday higher profit and revenues in its fourth quarter, above market estimates. Further, the company projects fiscal 2023 earnings higher than last year, and above the Street view. John Stone, Allegion president and CEO, said, "... our supply chain actions are achieving positive results..."
RTTNews
|
729 ngày trước
Australian Dollar Falls On Risk Aversion
The Australian dollar dropped against its major counterparts in the European session on Wednesday, amid concerns over the possibility of further interest rate hikes by the Federal Reserve, which may weaken growth outlook.
RTTNews
|
729 ngày trước
Stay up to date!
Add Tin tức to your browser
