European markets are bucking the general positive mood Thursday, weighed down by some disappointing corporate news.
Siemens stock fell almost 2% after the German engineering group reported a 2% drop in second quarter profit at its industrial business, after suffering a slowdown at its flagship factory automation division.) stock fell 0.6% despite the German telecommunications giant backing its full-year guidance after delivering higher revenue in the first quarter.
Higher-than-expected U.S. consumer prices in the first quarter had resulted in a sharp paring of rate cut bets and even stoked some worries of an additional hike, which would have hit growth in the largest economy in the world.is expected to cut rates before the Fed, likely in June, and there are plenty of central bank speakers throughout the day, both in Europe and in the U.S., to provide further clues of their thinking regarding future monetary policy.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »