U.S. stocks slip as traders assess earnings, await ECB - BNN Bloomberg

The Stoxx Europe 600 Index edged lower, with Credit Suisse Group AG sliding more than 15 per cent after the bank reported its fourth straight loss. Shell Plc gained after posting its second-highest profit and raising its dividend.

“We are oriented with consensus, expecting a big hike of 75 basis points” from the ECB, Monica Defend, head of the Amundi Institute, said on Bloomberg Television. “We think they will continue being hawkish until December and then with the beginning of the new year, they might review or slow down a little bit the pace. Yesterday the Central Bank of Canada surprised the market with their final hike -- we think the ECB will remain bold.

The yen climbed to around 145.70 per dollar, extending its rally to more than four per cent from a three-decade low reached Friday. The offshore yuan gave up some of Wednesday's gains. Oil fluctuated after touching the highest level in about two weeks after U.S. Secretary of State Anthony Blinken said a deal with Iran would be unlikely to advance in the short term.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Market movers: Stocks seeing action on Tuesday - and whyA survey of North American equities heading in both directions
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Global stocks higher on hopes U.S. rate hike plans will easeGlobal stock markets mostly gained Wednesday on hopes the Federal Reserve might ease off plans for interest rate hikes, while London opened lower after Britain installed its third prime minister this year amid an economic crisis.
Fuente: CTVNews - 🏆 1. / 99 Leer más »

Trudeau’s Finance Chief Defends Bank of Canada Ahead of Hike(Bloomberg) -- Finance Minister Chrystia Freeland defended the Bank of Canada’s independence after the main left-leaning opposition party joined the Conservatives in criticizing its record.Most Read from BloombergAdidas Cuts Ties With Ye, Absorbing €250 Million Profit HitRenters Hit Breaking Point in a Sudden Reversal for LandlordsChina Stocks Slide as Leadership Overhaul Disappoints TradersCalifornia Poised to Overtake Germany as World’s No. 4 Economy“Canada is a country of peace, order and goo
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stocks and real estate are not done crashing, don't expect all-time highs for another 10 years - Chris Vermeulen
Fuente: KitcoNewsNOW - 🏆 13. / 78 Leer más »