Stock Rally Halts as Soft Earnings Sour Sentiment - Europe Market Wrap
- On Wednesday, global markets paused their advance as optimism over a likely dovish tilt by central banks faded and earnings from a wave of firms fell short of expectations. -
- On Wednesday, global markets paused their advance as optimism over a likely dovish tilt by central banks faded and earnings from a wave of firms fell short of expectations. -
Stocks extended their November gains on expectations that the Federal Reserve will be able to achieve a soft landing as the US economy remains relatively resilient and inflation begins to
Good Morning Traders! It is Wednesday the 15th of November, here is what to look out for today. Sentiment The dollar held steady Wednesday after posting its biggest daily drop in a year,
- As investors greeted lower-than-expected inflation data in the US and the UK as proof that central banks could be done raising interest rates aggressively, stocks continued to rise. - Pre-market
Good Morning Traders! This Wednesday we get UK CPI data. Here is what to keep in mind. Sentiment With one-year policy loans, China gave the banking sector its biggest liquidity infusion in over
- The unexpected fall in inflation supported speculations that the Federal Reserve's aggressive run of rate hikes is coming to an end, and as a result, Asian stocks and currencies