da-kuk/E+ via Getty Images London (UKX) +0.24% Germany (DAX:IND) +0.20% France (CAC:IND) -0.08% Industrial production in Austria shrank 4.1% Y/Y in May. Industrial production in Slovakia fell 0.1% Y/Y in May. The annual inflation rate in the Czech Republic eased further to 2% in June. The annual consumer inflation rateContinue Reading
The Asia-Pacific equity market mostly in red on Wednesday as investors processed the latest inflation data from China. Investors also continued to assess Federal Reserve Chair Jerome Powell’s testimony before the Senate, while looking ahead to his appearance before the House later today. Japan (NKY:IND) +0.61%. The index hovers atContinue Reading
TexBr/iStock via Getty Images BMO Capital Markets analyst published an update on their “Anything but the Big 3” portfolio of stocks, which is an actively traded model with strong Canadian companies excluding energy, materials, and financials. This group of stocks outperformed the S&P/TSX 60 Index (XIU:CA) excluding materials, energy andContinue Reading
Traders and investors are becoming increasingly anxious as the stock market continues to climb in 2024 as the S&P 500 (SP500) has set a new all-time high on over 30 occasions this year alone, but Michael Arone, Chief Investment Strategist at State Street Global Advisors outlined three reasons on whyContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.27% Germany (DAX:IND) -0.27% France (CAC:IND) -0.59% as traders continue to assess the implications of a gridlock. Czech unemployment rate stood at 3.6% in June. Albania’s gross domestic product rose 3.6% Y/Y in Q1. Hungary’s annual inflation rate eased to 3.7% in June. Denmark’sContinue Reading
Nikada Asia-Pacific equity market rise as Nikkei hits new all-time high and tracking mixed session on Wall Street, with a keen focus on upcoming inflation data and earnings season. Japan (NKY:IND) +1.96%. The Nikkei 225 Index hit new all-time highs as enthusiasm over artificial intelligence and related technologies, as wellContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.01% Germany (DAX:IND) +0.43% Germany records trade surplus of €24.9B in May, exports declined by 3.6% M/M, imports dropped by 6.6% M/M. France (CAC:IND) +0.43% Left-wing New Popular Front won the largest number of seats in parliamentary elections. Construction output in the Czech RepublicContinue Reading
Wall Street on Friday notched a new intraday all-time high, while U.S. Treasurys rallied, as traders returned from a mid-week holiday to receive a nonfarm payrolls report that further supported the case for Federal Reserve interest rate cuts. Markets were shut on Thursday due to Independence Day. The benchmark S&PContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.35% The center-left Labour Party won a landslide victory, ending 14 years of Conservative rule. Germany (DAX:IND) +0.86% Industrial production in Germany decreased 2.50% in May France (CAC:IND) +0.55% reaching a three-week-high. France May trade balance -€8B vs -€7.6B expected Retail sales in BulgariaContinue Reading
pawel.gaul Japan (NKY:IND) -0.08%, and broader Topix both nudged up to record levels, before retreating slightly. The index of coincident economic indicators in Japan, which covers a range of data, such as factory output, employment, and retail sales, rose to 116.5 in May 2024. China (SHCOMP) -0.22% with mainland stocksContinue Reading
