European Market

The index is cautious after the UK Chancellor’s “Autumn Statement for Growth”, which could make the BoE’s struggle to control inflation harder

The British high-end fashion designer reported underwhelming H1 FY24 results on Thursday and warned it could miss its full year revenue guidance, amidst a decline in luxury spending

The German index has staged a solid recovery after the ECB’s rate pause, testing critical resistances, amidst prospects of further economic pain

The Italian sports car maker reported another blockbuster quarter during which shipments of hybrid cars surpassed those of petrol engine models for the first time, as it moves towards the 2025 launch of purely electric vehicle

Ryanair saw profits up 59% y/y in H1 FY224 as higher fares offset increased fueled costs and expects record full year profit, while announcing ordinary dividend

The UK index extended it gains on Thursday as the Bank of England held rates for second straight meeting, but eases today after hitting key technical levels

Less than a month after the Bank of England had paused its tightening cycle, emboldened by progress on price pressures, today’s data showed that inflation is sticky, keeping further tightening in play

The DAX is benefitting from the pullback in yields, as a risk-on sentiment tries to take hold. To this end, FXCM’s GER30 is showing signs of positivity.

Take a look at some major corporations that will be in the spotlight over the coming months, as the fourth quarter gets underway against diminishing AI frenzy and uncertain monetary outlook

Take a look at some major corporations that will be in the spotlight over the coming months, as the fourth quarter gets underway against diminishing AI frenzy and uncertain monetary outlook

The European Central Bank hiked rates for tenth straight time on Thursday, but the language was dovish indicating the that the terminal rates may have been reached, helping the German index