CAUTIOUS START TO THE QUARTERAfter hitting its latest record high on Tuesday, Europe's STOXX 600 TVC:SXXP nudged lower on Wednesday as worries over the prospect of lasting peace between the U.S. and Iran and questions about the interest rate outlook kept investors on edge.Traders will therefore clo…
By Danilo Masoni and Wayne ColeWorld shares started the third quarter cautiously on Wednesday ahead of key U.S. jobs data, as uncertainty over U.S.-Iran negotiations weighed and traders watched for possible Japanese intervention after the yen hit fresh 40-year lows.The MSCI World Price Index < .MIW…
Major Gulf stock markets rose in early trading on Wednesday, even as sentiment remained cautious amid concerns that talks between Iran and the United States could break down.U.S. President Donald Trump's son-in-law, Jared Kushner, and envoy Steve Witkoff arrived in Doha on Tuesday for what the Whit…
By Dow Jones Newswires StaffU.S. stock futures pointed down in early European trade, as global equities looked set to kick off the second half of the year in the red.After notching the best quarter in six years, U.S. equities lost steam as traders upped bets for further interest-rate hikes this yea…
Shares in U.K. housebuilders fall after a report shows U.K. house prices in June declined slightly month-on-month. According to Nationwide's house price index, average house prices in the month stood at 277,484 pounds, down from May's 278,024 pounds. Still, they were up 2.2% over the last year. Ana…
Shanghai stocks rose on Wednesday, encouraged by robust factory activity data and President Xi Jinping reiterating a promise of "high-quality development", while blue-chips slipped, reflecting lingering concerns over the economy's uneven growth.** The Shanghai Composite Index SSE:000001 closed up 0…
The FTSE MIB fell to around 51,400 on Wednesday, snapping a recent rally after posting robust quarterly gains and tracking losses across its European peers.Markets assessed signs that US-Iran talks had stalled after Tehran said it would not hold meetings with US officials.Attention also shifted to…
The DAX 40 was flat to lower around 24,960 in the first trading session of July, as investors locked in profits following a robust Q2 performance while maintaining a cautious stance.The AI-driven tech rally lost momentum, and peace talks between the US and Iran hit a new stalemate after Tehran said…
Euro zone manufacturing output ended its best quarter since early 2022 last month with easing cost pressures giving relief to factories even as sluggish export demand partly dragged overall activity growth to its lowest since February, a survey showed.The S&P Global Eurozone Manufacturing PMI (INPM…
The CAC 40 slipped 0.6% to 8,358 on Wednesday, as investors took a breather following the market’s strong performance over the past three months.Investors remained focused on developments in US-Iran peace talks after Tehran said it would not hold talks with US officials, while also awaiting remarks…
The S&P Global France Manufacturing PMI was revised higher to 51.2 in June 2026 from 50.7 in the preliminary estimate and 49.7 in May, despite contractions in production and new orders.Muted market conditions and overstocked clients caused domestic sales and output to fall, though their rates of de…
Indian IT services companies are navigating a "perfect storm" of artificial intelligence-led disruption and macroeconomic uncertainty, which is likely to keep near-term growth subdued despite a favourable long-term outlook, according to Nomura.The brokerage said the Nifty IT Index has underperforme…
Artificial intelligence infrastructure is expected to remain the biggest driver of corporate profits in the second quarter, with Wells Fargo forecasting 22% year-over-year earnings growth for the S&P 500.The bank expects S&P 500 earnings per share to accelerate from 19% growth in the first quarter…
The FTSE 100 traded flat to lower on Wednesday, weighed down by corporate updates and a drop in gold prices that pressured precious metal producers.AB Foods fell roughly 2.5% after warning that its sugar division suffered further deterioration from the Middle East conflict, even as plans to spin of…
European stocks opened Q3 on a weaker footing, with both the STOXX 50 and the STOXX 600 slipping 0.3% as investors paused after strong gains during the previous three-month period.Traders continued to assess the AI-driven rally while digesting signs of a stalemate in US-Iran talks after Iran said i…
U.S. futures for the S&P 500 were down 0.4% and futures for the Dow Jones Industrial Average declined 0.4%. Changes in futures do not necessarily predict movements after the opening bell.In Europe, the Stoxx Europe 600 dropped 0.4% in morning trading. Redcare Pharmacy climbed 3% and Renault added 2…
On a recent walk along the waterfront near my home, I noticed a yacht in the marina with the name "Leverage," a not-so-subtle reminder that many fortunes are built on borrowed money, labor and technology.It is not always a one-way ticket to success though. Investors use leverage to amplify returns…
India's new Reserve Bank of India (RBI) guidelines on funding for capital market intermediaries are expected to increase funding costs for proprietary trading firms, but the broader broking industry is unlikely to face major disruption, according to HDFC Securities Managing Director and CEO Dhiraj…
The fast-moving consumer goods index rose 1.85% on July 1 with Nestle India and Hindustan Unilever rising 3% and 2.7%, respectively, while Dabur gained 4%. The FMCG index was the top Nifty gainer on July 1 with HUL, Nestle among top gainers on the equity benchmark.HSBC projected consumer staples fi…
The FTSE 100 Index is falling 8 points.Losses were driven by Associated British Foods (-2.44%), JD Sports Fashion (-2.24%) and Compass (-2.23%).Biggest rises came from Babcock International (2.02%), J Sainsbury (1.36%) and Melrose (1.03%).
