September 2024 – Page 59

Europes STOXX 600 Falls ahead of DataIntensive Week

September 2, 2024
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STOXX 600 down 0.4 UK39;s Rightmove jumps on potential takeover bid from Australia39;s REA Group Sept 2 Reuters European shares started the week on a tepid note, led by weakness in miners amid a dataheavy week, while investors awaited speeches from European Central Bank ECB officials for clues on the central bank39;s policy trajectory this […]

September 2, 2024
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MOSCOW, Sept 2 Reuters Russian energy giant Gazprom39;s average daily natural gas supplies to Europe declined in August by 2 from July and 2.3 year on year, Reuters calculations showed on Monday. The calculations, based on data from the European gas transmission group Entsog and Gazprom39;s daily reports on gas transit via Ukraine, showed that average […]

September 2, 2024
Oil
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LONDONMOSCOW, Aug 30 Reuters OPEC is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some members to compensate for overproduction counter the impact of sluggish demand, six sources from the producer group told Reuters. Eight OPEC members are scheduled to boost output by 180,000 barrels […]

September 2, 2024
Oil
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OPEC set to increase production from October Libya resumes some output to meet domestic needs China manufacturing activity slowed in August Sept 2 Reuters Oil prices extended losses on Monday on expectations of higher OPEC production from October while signs of sluggish demand in China and the United States raised concerns about future consumption growth. […]

September 2, 2024
Finance
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Swiss franc more appealing in carry trades after yen blowup Investors hope for stability, aided by central bank Yet safehaven status can lead to big rallies LONDON, Sept 2 Reuters As investors turn to the Swiss franc as an alternative to Japan39;s yen to fund carry trades, the risk of the currency staging one of […]

September 2, 2024
Finance
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BENGALURU, Sept 2 Reuters Indian stock indexes eased off record highs at midmorning on Monday but remained elevated as consumer goods and information technology stocks boosted the benchmarks. The Nifty 50 index was up 0.27 to 25,304.1 points, while the BSE Sensex was trading 0.32 higher at 82,624.67. Shares of consumer goods makers like ITC and Hindustan Unilever gained […]

September 2, 2024
Finance
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Previous Trading Days Events 30.08.2024 Australia Retail Sales July retail sales flat, missing the 0.3 forecast. Household goods and other retailing unchanged; food up 0.2, clothing down 0.5, cafes down for the third month. Euro Area Inflation Rate August inflation drops to 2.2, aligning with ECBs 2 target and marking the lowest increase since July […]

September 2, 2024
Business
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PARIS, Sept 2 Reuters French IT firm Atos on Monday said it would have less cash at hand over the next few years as sales are being dragged down by a weaker business environment, but added this would not impact the key terms of its financial restructuring plan. Atos once seen as one of Europe39;s […]

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Europes STOXX 600 Falls ahead of DataIntensive Week

Russian Pipeline Gas Exports to Europe Down 2 in Aug, Calculations Show

OPEC Likely to Proceed with Planned Output Hike from Oct, Sources

Oil Extends Losses on Weak China Data and Expected OPEC Supply Boost

Swiss Franc Carry Trade Comes Fraught with SafeHaven Rally Risk

Indian Shares Ease Off Record Highs; Consumer, IT Stocks Lead

July Core PCE Price Index up 0.2, USDJPY 0.82 119.4 pips, CHF Retail Sales MoM forecast 0.1

Frances Atos Cuts Financial Targets but Says Restructuring still on Track

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