34 Mins Ago
Europe stocks close mixed
European stocks on Wednesday closed little changed from the previous session, amid a flurry of corporate earnings both in the U.S. and Europe.
The pan-European Stoxx 600 ended 0.04% higher, with sectors pointing in opposite directions.
— Sam Meredith
3 Hours Ago
‘The U.S. consumer is walking towards a cliff’: Longview Economics CEO
Chris Watling, CEO at Longview Economics, discusses the outlook for the U.S. economy, saying there are “some real challenges coming for the U.S. consumer.”
5 Hours Ago
European Central Bank set to hold despite new inflationary pressures
European Central Bank President Christine Lagarde looks on as she attends the European Parliament’s Committee on Economic and Monetary Affairs, at the European Parliament, in Brussels, Belgium September 25, 2023.
Yves Herman | Reuters
The European Central Bank is expected to keep rates on hold when it meets this week in Athens.
Euro zone inflation in September declined to 4.3% from 5.2% in August.
That was faster than expected, but upside risks to inflation remain in wage rises and higher oil prices.
Read the full story here.
— Annette Weisbach
6 Hours Ago
Credit environment worse than normal but not in period of stress, Deutsche Bank CFO says
Deutsche Bank CFO James Von Moltke discusses the German lender’s third-quarter results and the market environment.