Tag: Top story
European Economic News Preview: Eurozone Economic Confidence Data Due
Economic confidence from the euro area and flash inflation from Germany are due on Thursday, headlining a busy day for the European economic news.
At [...]
European Economic News Preview: Eurozone Private Sector Credit Data Due
Private sector credit from the euro area and consumer sentiment from France are the top economic news due on Wednesday.
At 2.00 am ET, retail sales [...]
Futures Little Changed Following Recent Strength On Wall Street
After turning in a strong performance last Friday, stocks may show a lack of direction in early trading on Monday. The major index futures are curren [...]
Mixed Trends As Markets Focus On Powell
Market sentiment remains mixed ahead of Fed Chair Jerome Powell’s speech at the Jackson Hole economic Symposium on Friday morning that could provide [...]
Microchip Technology Hit By Cyber Breach
Microchip Technology (MCHP) on Tuesday revealed that an “unauthorized party” disrupted the company’s use of certain servers and some business operati [...]
U.S. Stocks May Give Back Ground Following Recent Strength
Following the substantial rally seen in the previous session, stocks may give back ground in early trading on Friday. The major index futures are cur [...]
Asian Markets A Sea Of Green
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as stronger than expected US [...]
U.S. Consumer Sentiment Rebounds More Than Expected In August
Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has improved by more than expected in the mon [...]
China Bank Lending Remains Weak
China’s bank lending remained weak in July amid high interest rates, official data revealed on Tuesday.
Aggregate financing totalled CNY 18.87 trill [...]
U.S. Stocks Extending Rebound Amid Easing Economic Concerns
After seeing considerable volatility early in the session, stocks have moved mostly higher over the course of the trading day on Monday. With the adv [...]
Delta Sees $380 Mln Revenue Hit From Microsoft-CrowdStrike Outage
Delta Air Lines, Inc. estimates the massive IT outage caused by Microsoft Corp. – CrowdStrike Holdings, Inc. and related impacts, including more than [...]
U.S. Stocks Move Mostly Higher, Largely Offset Monday’s Sell-Off
Following the rally seen during Thursday’s session, stocks turned in a relatively lackluster performance during trading on Friday but managed to end [...]
U.S. Stocks May Give Back Ground In Early Trading
After ending the previous session sharply higher, stocks may give back some ground in early trading on Friday. The major index futures are currently [...]
U.S. Stocks Lack Direction Following Yesterday’s Rally
Following the rally seen in the previous session, stocks have shown a lack of direction over the course of the trading day on Friday. The major avera [...]
RBA Will Not Hesitate To Hike Rates, Bullock Says
Reserve Bank of Australia Governor Michele Bullock said the policy board will not hesitate to lift interest rates if needed to contain persistently h [...]