European Shares Edge Higher Ahead Of Eurozone PMI Data

RTTNews | 615 hari yang lalu

(RTTNews) - European stocks opened on a firm note Friday after U.S. President Donald Trump called for lower interest rates and cheaper oil prices. He also hinted at a potential trade agreement with China.

Investors awaited Eurozone PMI data later in the day after French and German PMI figures painted a mixed picture.

The euro held steady after a survey showed Euro area consumer confidence grew for the first time in three months in January.

Focus also shifted to next week's Fed and ECB meetings. No change is expected to U.S. interest rates while the ECB is set to cut rates again by 25 basis points.

The pan European STOXX 600 was up 0.4 percent at 532.42 after gaining 0.4 percent in the previous session.

The German DAX added 0.3 percent, France's CAC 40 jumped 0.8 percent and the U.K.'s FTSE 100 was marginally higher.

Assa Abloy AB rose about 1 percent after acquiring Uhlmann & Zacher GmbH, a German supplier of access control handles and knobs and corresponding software.

Swedish telecom equipment maker Ericsson plummeted almost 9 percent on reporting a 6 percent decrease in 2024 revenue.

British luxury brand Burberry soared 15 percent after reporting a smaller-than-expected decline in its fiscal third quarter sales. Peers LVMH, Kering, Moncler and Swatch surged 3-8 percent.

Miners Anglo American, Antofagasta and Glencore climbed 2-4 percent after a surge in metal prices.

Italian lender Banca Monte dei Paschi di Siena slumped 7 percent after it launched a €13.3bn takeover offer for larger rival Mediobanca.

baca selengkapnya

TSX Remains In Negative Territory; Tech, Energy Stocks Climb Higher

Canadian stocks languish in negative territory on Thursday, tracking a sell-off in global markets due to rising oil prices and elevated bond yields.

RTTNews | 1 jam 32 menit yang lalu

Swiss Market Ends Sharply Lower

The Switzerland market ended sharply lower on Thursday, like most of the markets across Europe, as higher bond yields and rising oil prices continued to hurt sentiment, prompting investors to exit counters. Data showing an acceleration in Swiss consumer price inflation in September hurt as well.

RTTNews | 2 jam 6 menit yang lalu

European Markets Slide To Multi-Month Lows Amid Energy, Yield Surge

European equities declined sharply Thursday amid rising oil prices and bond yields. The FTSE 100 fell 1.68%, DAX dropped over 1%, and CAC 40 lost 1.6%. Brent crude climbed to $101.50, up 3.5%. Regional inflation concerns raised monetary tightening prospects.

RTTNews | 2 jam 32 menit yang lalu

U.S. Construction Spending Unexpectedly Increases In August

A report released by the Commerce Department on Thursday showed an unexpected increase in U.S. construction spending in the month of August. The Commerce Department said construction spending climbed by 0.9 percent to an annual rate of $2.203 trillion in August after edging down by 0.1 percent to a revised rate of $2.185 trillion in July.

RTTNews | 5 jam 8 menit yang lalu

U.S. Manufacturing Index Edges Lower In September But Still Indicates Growth

Manufacturing activity in the U.S. expanded for the ninth consecutive month in September, according to a report released by the Institute for Supply Management on Thursday. The ISM said its manufacturing PMI edged down to 54.5 in September from 54.6 in August, but a reading above 50 still indicates growth. Economists had expected the index to inch up to 55.0.

RTTNews | 5 jam 14 menit yang lalu

U.S. Jobless Claims Unexpectedly Edge Down To 197,000

A day ahead of the release of its more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended September 26th. The Labor Department said initial jobless claims slipped to 197,000, a decrease of 1,000 from the previous week's revised level of 198,000.

RTTNews | 6 jam 46 menit yang lalu

Accenture Shares Climb On Strong Q4, Positive Outlook, $9.5 Bln Return Plan

Shares of Accenture plc were climbing around 18 percent in pre-market activity on the NYSE after the Irish professional services company reported Thursday strong growth in fourth-quarter earnings, revenues and bookings, with improved performance in all industry groups and regions. Further, the firm issued positive outlook for first quarter and fiscal 2027.

RTTNews | 6 jam 49 menit yang lalu

Bond Yields, Oil Prices Drive European Stocks To Multi-Month Low

European equities declined sharply Thursday amid weak UK housing data and softer French manufacturing reports. Despite easing US inflation concerns, investors remained reluctant to add stock positions. Oil prices climbed on Middle East tensions, with Brent crude reaching $100.79 per barrel.

RTTNews | 6 jam 59 menit yang lalu

EURUSD	1.12431	GBPUSD	1.31986
USDJPY	158.113	USDCAD	1.42255