Global Stock Market

Fresh attacks and partisan row ahead for U. S. economy Republicans lawmakers and strategists are capitalizing on news that the economy expanded at a weak pace in Q3 to criticize Biden and Democrats, accusing them of unskilled recovery tactics from the pandemic recession and then piling on trillions of dollars …

It is Eurozone GDP day again and the just released German GDP data shows that private consumption alone is not sufficient for the economy to keep up with fast growing economies like France.Supply chain disruptions will delay the moment for the German economy to return to pre-pandemic levels as it …

Next week, central bank meetings in Poland and Czechia will be the main focus. After a higher than expected flash estimate for October inflation in Poland (6.8% vs. 6.4%), Poland’s MPC should not go for a 50bp interest rate hike because of inflation.Inflation is expected to exceed 7% in the …

Consumer confidence in the US weakened modestly in October with the University of Michigan’s Consumer Sentiment Index declining to 71.7 in October’s final reading from 72.8 in September. This print came in slightly better than the flash estimate and the market expectation of 71.4.Other details have indicated that the Current …

Technology stocks weighed on European shares at the open, as shares of Apple suppliers fell on downbeat expectations for the holiday period from the iPhone maker, while investors remained concerned about the prospects for monetary policy. Shares of semiconductor companies S.T.Micron Electronics, Infineon Technologies, and ASML fell between 0.3% and …

Japanese shares rose slightly on Friday as optimism about the performance of domestic companies outweighed investor caution ahead of the country’s general elections. The Nikkei index rose 0.25 percent to close at 28,892.69 points, after falling about 1.2 percent earlier in the session. The index increased during the week by …

Corporate earnings released Thursday impacted the financial markets which closed the U. S. session’s transactions with significant shift of the assets. Traders are eying the fluctuations caused by U. S. inflation reports and economic data, statements by the European Central Bank Christine Lagarde as well as developments in the negotiations …

The Bank of England has told banks and insurance companies that it will impose its powers to crack down on them if they default to manage climate risks.The central bank begins to review a potential introduction of capital requirements linked to unsustainable assets.The Bank said on Thursday it would take …

“Monetary policy has largely run its easing course globally,” said Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr during early Friday morning in Asia. “We are now entering a different environment for rates, inflation”, added Orr. NZD/USD remains on the front-foot, backed by the broad US dollar weakness, despite …

Amazon shares fell more than 4% in extended trading on Thursday after the company reported weaker-than-expected results for Q3 and delivered disappointing guidance for the critical holiday period.Earnings amount to $6.12 versus $8.92 per share estimates. Revenue is $110.81 billion vs $111.6 billion estimates.Amazon is facing decelerating sales growth as …