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FTSE 100 Slips After Wage Data

FTSE 100 Slips After Wage Data

U.K. stocks traded lower on Tuesday while the British pound weakened against other major currencies after data showed that that the U.K. average earnings grew less-than-expected for three months ending November.
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CAC 40 Declines On Uncertainty Over Rate Cuts

CAC 40 Declines On Uncertainty Over Rate Cuts

French stocks declined on Tuesday as traders pared back expectations on near-term rate cuts by the U.S. Federal Reserve and the European Central Bank.
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DAX Slips As Inflation Rises

DAX Slips As Inflation Rises

German stocks fell on Tuesday after data showed German consumer price inflation accelerated somewhat amid a rebound in energy costs, as initially estimated in December.
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Pound Falls On Soft U.K. Wage Growth Data

Pound Falls On Soft U.K. Wage Growth Data

The British pound weakened against other major currencies in the European session on Tuesday, after data showed that that the U.K. average earnings grew less-than-expected for three months ending November.
RTTNews | 988 hari yang lalu
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the pre-European session on Tuesday.
RTTNews | 988 hari yang lalu
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Vodafone, Microsoft Partner In Generative AI, Digital Services, Cloud

Vodafone, Microsoft Partner In Generative AI, Digital Services, Cloud

British telecom major Vodafone Group Plc announced a 10-year strategic partnership with tech major Microsoft Corp. with a view to provide generative AI, digital and cloud services to customers. The move will help Vodafone to offer scaled digital platforms to more than 300 million businesses, public sector organisations, and consumers across Europe and Africa using Microsoft's generative AI.
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Australia Consumer Sentiment Weakens On Higher Cost Of Living, Interest Rates

Australia Consumer Sentiment Weakens On Higher Cost Of Living, Interest Rates

Australia consumer confidence weakened further at the start of the year as the rising cost of living and high interest rates continued to weigh on incomes, survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index dropped to 81.0 in January from 82.1 in December.
RTTNews | 988 hari yang lalu
Antipodean Currencies Fall Amid Rate Cut Speculations

Antipodean Currencies Fall Amid Rate Cut Speculations

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major counterparts in the Asian session on Tuesday, as investors temper rate cut expectations on the first monetary policy decisions of the year from major global central banks.
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European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic confidence from Germany are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK unemployment data for November. The jobless rate is expected to rise to 4.3 percent in three months to November from 4.2 percent in the preceding period.
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