German 2022 Industry Output to Rise Slightly BDI

BERLIN, Nov 22 Reuters German industrial production is on track to rise slightly this year thanks to order backlogs but the outlook for 2023 is gloomy as high energy prices and geopolitical uncertainties hurt businesses, the BDI industry association said on Tuesday. The BDI said it expected a slight increase in production of around 0.25 […]
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FTSE 100 Pulled Higher by CommodityLinked Stocks

FTSE 100 up 0.6, FTSE 250 up 0.4 Retail sales show partial rebound LG up on solvency coverage ratio outlook Nov 18 Reuters The FTSE 100 rose on Friday as the energy and mining sectors boosted the exporterheavy index a day after Britain unveiled its new budget aimed at returning stability to the economy. The […]
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Indian Shares Slip Further on ProfitTaking, Hawkish Fed

BENGALURU, Nov 18 Reuters Indian shares fell for the second session in a row on Friday as investors booked profit after recent gains, especially as yet another U.S. Federal Reserve official doused hopes of less aggressive monetary policy. The benchmark SP BSE Sensex fell 0.42 to 61,489.95 and NSE Nifty 50 index dropped 0.47 to 18,258.20 as […]
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Chinas COVID Woes Keep European Stocks under Pressure

Miners lead European losses Defensive stocks remain supported Virgin Money surges on results Nov 21 Reuters European shares slipped on Monday, with economically sensitive sectors like mining and industrials leading the losses on worries about the impact of surging COVID19 cases in China. The panEuropean STOXX 600 slipped 0.1 after the index marked its fifth straight […]
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Dollar Rises as China COVID Worries Spur SafeHaven Buying

SINGAPORELONDON, Nov 21 Reuters The U.S. dollar was firmly higher against major currencies on Monday, as rising COVID19 cases in China led to new restrictions there and weighed on global investor sentiment. China is battling numerous COVID flare ups. Two deaths were reported in Beijing on Sunday, and the city39;s most populous district urged residents to […]
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Global Equity Bear Market not Over yet Goldman Sachs

Nov 21 Reuters Goldman Sachs on Monday warned that the global equity bear market is not over as the markets are yet to see a trough in the momentum of global growth deterioration, a peak in interest rates and valuations lowered to reflect a likely recession. The Wall Street investment bank expects returns to be […]
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Rebound in Oil, Mining Stocks Lifts European Shares

Nov 22 Reuters European shares edged higher on Tuesday, supported by a recovery in commodity stocks after a rout in the previous session, with investors weighing mixed signals from European Central Bank ECB policymakers on their stance on interest rates. The panEuropean STOXX 600 index rose 0.2, hovering near its strongest levels in over two months. […]
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