News Formal

European and Asian stocks rise on improved China industrial data

  • 📰 FT
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Crude oil nears $95 a barrel as worries over supply linger

Asian and European stock markets rose on Wednesday, steadying after losses this week, as investors welcomed improved industrial data from China.

Energy and industrial stocks were among those driving the benchmark CSI 300 index higher on Wednesday, up 1.3 per cent and 0.4 per cent, respectively. Investors turn to data on US durable goods orders, due later in the day, in hopes to gauge how the economy was faring more than a year after the Federal Reserve began its aggressive monetary tightening campaign to tame inflation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 113. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European Commission blocks Booking’s planned acquisition of EtraveliBooking’s brands include Booking.com, Rentalcars, Priceline and Agoda.
Source: Glasgow_Times - 🏆 76. / 59 Read more »