Global Stock Market

Pfizer Inc. recorded quarterly profits above analysts’ expectations, and its revenues rose, but less than estimates, while it expects to record strong sales of its vaccine and treatment for the Coronavirus. Pfizer’s fourth-quarter revenue more than doubled overall to $23.84 billion year-over-year, driven by $12.5 billion in sales of its …

European shares extended gains on Tuesday after the European Central Bank chief eased concerns about faster monetary policy tightening this year, while positive business results supported investor sentiment. The benchmark Stoxx 600 index was up 0.3 percent by 0830 GMT. Oil stocks were among the biggest gainers on the European …

The US Commerce Department said it has added 33 Chinese entities to what it calls a list of unverified exports that requires US exports to go through additional procedures before goods are shipped to those entities. On Monday, the department said it was taking the step because it was unable …

The Japanese Nikkei index closed slightly higher on Tuesday, supported by technology shares, as investors were keen to snap up the shares that were hurt, despite caution that prevails ahead of the release of US inflation data due later this week. The Nikkei index closed up 0.13 percent at 27,284.52 …

Contrary to the positive surprise provided by the last week’s US NFP and jobs data, the US inflation profile expectations depict a downbeat scenario ahead of the key US Consumer Price Index data for January. Last week’s NFP data continued to support the USD on Monday.Economic DataThe economic docket for …

Contrary to the positive surprise provided by the last week’s US NFP and jobs data, the US inflation profile expectations depict a downbeat scenario ahead of the key US Consumer Price Index data for January.The US inflation gauge, as measured by the 10-year breakeven inflation rate per the St. Louis …

The Trump administration imposed metal tariffs on dozens of countries in 2018, saying that a excess of foreign steel and aluminum threaten US manufacturers out of business and pose a national security threat.The Nippon Steel Corp. plant in Kashima, Japan, in 2018. The Biden administration is expected to announce on …

US data and earnings will be in focus this week after big tech earnings spurred large market swings last week. If US economic data triggers an additional repricing of hawkish Fed bets, that risks further downside, particularly for growth and tech shares.US equity markets were able to erase pre-market losses …

China and the United States should approach trade issues on the basis of mutual respect, China’s Foreign Ministry said on Monday, after U.S. officials urged Beijing to take concrete measures to fulfill commitments under a trade deal. No trade disputes are not in anyone’s interest, Foreign Ministry spokesman Zhao Lijian …

European shares rebounded on Monday after five straight weeks of losses, as gains in mining stocks and positive business results overshadowed fears of a series of looming monetary policy tightening and geopolitical tension. The pan-European Stoxx 600 index rose 0.1 percent, after falling 0.7 percent last week. Mining stocks led …