Shares in VWs Truck Unit Traton Jump after Q3 Beat

GDANSK, Oct 22 Reuters Shares in Traton rose on Tuesday after Volkswagen39;s truck unit reported thirdquarter results above expectations driven by robust sales in its US brand International and Swedish unit Scania. Traton shares were up 4 by 0728 GMT, to their highest in three months, while peers Daimler Truck and Volvo were also up 1.7 and 1, respectively. […]
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European Shares Sag; SAP Bboosts Tech Stocks, Germanys DAX

SAP hits record high Randstad, DNB climb after Q3 profit beat Eurofins, Munters at the bottom of STOXX 600 Oct 22 Reuters European stocks slipped on Tuesday, as investors navigated geopolitical and global interestrate cut uncertainties, while German SAP39;s strong outlook boosted tech stocks and helped the country39;s main stock index buck the sluggish trend. […]
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Major Gulf Markets Mixed on Regional Conflict, Rate Cuts

Oct 21 Reuters Major stock markets in the Gulf were mixed in early trade on Monday amid simmering tensions in the region and weakening oil prices. Hundreds of Beirut residents fled their homes late on Sunday with multiple explosions heard across the Lebanese capital, as Israel prepared to attack sites linked to the financial operations of Lebanon39;s […]
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Dollar Climbs with US Rates on Economic Outlook

NEW YORK, Oct 21 Reuters The dollar climbed on Monday, buoyed by a rise in U.S. bond yields, as solid U.S. economic data suggested the Federal Reserve can afford to be patient in cutting rates while investors positioned for the Nov. 5 presidential election. The greenback has risen for three straight weeks as a run of […]
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Londons FTSE 100 Flat; Speeches from BoE Officials in Focus

FTSE 100 flat, FTSE 250 down 0.3 Commoditylinked stocks rise Britain39;s prelim PMI for Oct due Wednesday Oct 21 Reuters Britain39;s benchmark index was largely flat on Monday as gains in commoditylinked stocks were offset by losses in utilities, while investors await insights from Bank of England BoE officials this week. The bluechip FTSE 100 held […]
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Sterling Dips as US Dollar Rides Economy Higher

  LONDON, Oct 21 Reuters The pound fell on Monday as investors focused on the relative strength of the U.S. economy, pushing up the dollar. Sterling was last down 0.2 at 1.3023, just above Thursday39;s twomonth low of 1.2975. The euro was up 0.1 at 83.35 pence, although it remained near its lowest level in […]
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Expert Technical Fundamental Insights 21.10.2024

EURUSD Three consecutive weeks of decline, EURUSD traded almost unchanged today at 1.0861 after USD index traded slightly higher today. After cutting the rates by ECB last week, traders are likely to shift the focus to more macro numbers in this week that include manufacturing services PMI and ECB President Lagarde speech on Tuesday. As […]
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