Trading

Image for Morning Bid: From GDP data to tech earnings, a lot to chew on

Trading

Morning Bid: From GDP Data to Tech Earnings, a Lot to Chew On

Image for Oil hovers at one-month low with supply drivers back in focus

Trading

Oil Hovers at One-Month Low With Supply Drivers Back in Focus

Image for Spain’s Puig posts 11% rise in Q3 sales, beats expectations

Trading

Spain’s Puig Posts 11% Rise in Q3 Sales, Beats Expectations

Image for Dollar profits from Japan political uncertainty, data and US election in focus

Trading

Dollar Profits From Japan Political Uncertainty, Data and US Election in Focus

Image for UK median full-time pay rises 6.9% to 37,430 pounds, ONS says

UK Median Full-Time Pay Rises 6.9% to 37,430 Pounds, Ons Says

Date: October 29, 2024

LONDON (Reuters) – The median full-time annual salary in the United Kingdom reached 37,430 pounds ($48,603) in April 2024, up 6.9% on a year earlier, according to the country’s most comprehensive annual survey of employee earnings. Pay rose fastest in the accommodation and food services sector, up 9.8%, while earnings rose by 7.7% for...

Image for Swedish economy in recession, preliminary data shows

Swedish Economy in Recession, Preliminary Data Shows

Date: October 29, 2024

STOCKHOLM (Reuters) – Sweden’s economy entered a technical recession in the third quarter as gross domestic product fell 0.1% compared with the previous quarter, preliminary figures from the statistics office showed on Tuesday. Swedish GDP also declined in the second quarter. An economy is considered to be in recession when the economy has contracted for...

Image for Oil prices little changed though US reserve bid lends support

Oil Prices Little Changed Though US Reserve Bid Lends Support

Date: October 29, 2024

By Yuka Obayashi and Emily Chow TOKYO (Reuters) -Oil prices were little changed on Tuesday after falling in the previous session as a U.S. plan to buy oil for the Strategic Petroleum Reserve (SPR) provided some support though wider concerns about weaker future demand growth exerted pressure. Brent crude futures climbed 3 cents to...

Image for Stocks gain, oil falls 6%; big tech-related earnings on tap this week

Stocks Gain, Oil Falls 6%; Big Tech-Related Earnings on Tap This Week

Date: October 29, 2024

By Caroline Valetkevitch NEW YORK (Reuters) –Global stock indexes rose on Monday as investors awaited earnings reports this week from several of the biggest U.S. tech-related companies, while oil prices dropped 6% after Israel’s retaliatory strike against Iran at the weekend bypassed oil and nuclear facilities. The Japanese yen fell to a three-month low...

Image for London stocks rise amid broader gains, commodity shares limit climb

London Stocks Rise Amid Broader Gains, Commodity Shares Limit Climb

Date: October 28, 2024

By Shubham Batra and Nikhil Sharma (Reuters) -The UK’s benchmark FTSE 100 rose on Monday in a broader rally led by travel and leisure shares, as well as aerospace and defence stocks, though losses in commodity-linked companies restricted overall gains. The blue-chip FTSE 100 gained 0.43% by 1601 GMT, while the midcap FTSE 250 was...

Image for Yen under pressure after Japan election

Yen Under Pressure After Japan Election

Date: October 28, 2024

By Laura Matthews, Tom Westbrook, Stefano Rebaudo NEW YORK/SINGAPORE (Reuters) -The yen hit three-month lows against the dollar on Monday, as Japan’s ruling coalition’s election loss raises political and monetary policy uncertainty, while the U.S. dollar headed for its biggest monthly gain since April 2022. The dollar rose by as much as 1% to a...