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FTSE 100 Moderately Higher; Miners Move Up

FTSE 100 Moderately Higher; Miners Move Up

U.K.'s equity benchmark FTSE 100 is moderately higher a little past noon on Wednesday. U.S. President Donald Trump's announcement that the U.S. Navy would escort oil tankers through the Strait of Hormuz to safeguard maritime trade in the Gulf and help stabilize surging global energy prices, is aiding sentiment a bit.
RTTNews | 192 days ago
Eurozone Private Sector Expands On Robust Demand

Eurozone Private Sector Expands On Robust Demand

Eurozone private sector growth improved in February due to a faster rise in demand for goods and services, final survey data from S&P Global showed Wednesday. The HCOB final composite output index rose to a three-month high of 51.9 in February, in line with flash estimate, from 51.3 in the previous month. The index has remained above the threshold 50.0 mark for 14 straight months.
RTTNews | 192 days ago
DAX Up Over 1.5% As Stocks Rebound After Recent Tumble

DAX Up Over 1.5% As Stocks Rebound After Recent Tumble

Despite rising tensions in the Middle East, German stocks moved higher on Wednesday, due largely to some bargain hunting after two successive days of sharp declines. U.S. President Donald Trump's announcement that the U.S. Navy would escort oil tankers through the Strait of Hormuz to safeguard maritime trade in the Gulf and help stabilize surging global energy prices, is aiding sentiment a bit.
RTTNews | 192 days ago
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European Shares Hold Steady In Cautious Trade

European Shares Hold Steady In Cautious Trade

European shares steadied on Wednesday after U.S. President Donald Trump indicated that the U.S. Navy would escort oil tankers through the Strait of Hormuz to safeguard maritime trade in the Gulf and help stabilize surging global energy prices.
RTTNews | 192 days ago
Asian Shares Plunge On Fears Of Energy Crisis

Asian Shares Plunge On Fears Of Energy Crisis

Asian stocks slumped on Wednesday as soaring oil and gas prices due to escalating Middle East conflict spooked markets and fueled demand for safe-haven assets. After U.S. and Israeli forces attacked Iran, Tehran retaliated by striking U.S. embassies and threatening regional economies.
RTTNews | 192 days ago
European Economic News Preview: Eurozone Unemployment, Final PMI Due

European Economic News Preview: Eurozone Unemployment, Final PMI Due

Unemployment and final services purchasing managers' survey results from the euro area are due on Wednesday, headlining a busy day for the European economic news. At 2.30 am ET, Switzerland's Federal Statistical Office publishes consumer price data is due. Economists forecast consumer prices to fall 0.1 percent on a yearly basis, in contrast to the 0.1 percent rise in January.
RTTNews | 192 days ago
China Manufacturing Growth Strongest Since 2020; Services Rise Most In 33 Months

China Manufacturing Growth Strongest Since 2020; Services Rise Most In 33 Months

China's manufacturing activity grew at the fastest pace in more than five years in February and the services sector grew the most in almost three years, survey results from S&P Global revealed Wednesday. The headline RatingDog manufacturing Purchasing Managers' Index rose to 52.1 from 50.3 in January. This was the highest score since December 2020.
RTTNews | 192 days ago
European Shares Seen Mixed In Cautious Trade

European Shares Seen Mixed In Cautious Trade

European stocks are seen opening mixed on Wednesday after two days of sharp losses on concerns about the Middle East crisis' impact on inflation and interest rates.
RTTNews | 192 days ago

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