Volkswagen
Motor manufacturer Volkswagen said on Wednesday its first-half operating profit beat expectations for the first half of 2016" at €7.5bn (£6.3bn), "despite the ongoing economic impact from the diesel issue". The company said its operating profit for the six months ended June, excluding one-off items, rose 7 percent to 7.5 billion euros. In...
HSBC
A senior manager at HSBC Holdings Plc has been arrested in New York for his alleged role in a conspiracy to rig currency benchmarks, Bloomberg reported on Wednesday, citing two people familiar with the matter. Mark Johnson, HSBC's global head of foreign exchange cash trading in London, is the first...
Wall Street Stocks
US equity indices started with gains on Wednesday, as investors cheered Morgan Stanley's earnings results ahead of other major corporate news. New York - Wall Street opened modestly elevated on Wednesday, driven by mostly rising overseas equities, while investors awaited another busy earnings session. At the market open, the S&P 500...
FTSE 100 Stocks
London stocks advanced on Wednesday, supported by recent currency weakness and gains in healthcare stocks, though miners fell after updates from Anglo American and BHP Billiton. The FTSE 100 was up 0.4 percent at 6,723.05 points, on track for its fifth consecutive week of gains. Market Movers FTSE 100 6,723.05 0.28% FTSE 250...
London Stock Exchange
UK shares advanced on Wednesday, supported by recent currency weakness and gains in healthcare stocks, though miners fell after updates from Anglo American and BHP Billiton. The FTSE 100 index was up 0.4 percent at 6,723.05 points, on track for its fifth consecutive week of gains. The rally was broad-based, with analysts citing...
DAX Board
European stock indices rebounded on Wednesday afternoon, with traders cheering better than expected data and the positive sentiment on the market. London - The four major equity markets in Europe were elevated on Wednesday afternoon, as investors welcomed the latest reports on the euro zone's net cash flow and UK...
Stocks NYSE
Stock markets displayed some resilience during trading on Wednesday despite the International Monetary Fund’s gloomy growth outlook which noticeably soured risk appetite. Asian stocks were left depressed on Tuesday and entered Wednesday mixed as investors were forced to re-evaluate the state of the global economy post the IMF’s forecast. Although...
Australian Dollar
The Australian dollar continues to be under pressure as investors ramped up bets that the RBA could ease monetary policy as early as next month. As we jump on the 4hr chart we can see that AUDUSD has found support around the 0.7487 vicinity which also meets the 200 MA....
Microsoft
European shares rose on Wednesday, unwinding two days of declines. Data showing the lowest rate of unemployment in the UK since 2005 and well-received earnings helped modest gains on the FTSE 100. The rise on the UK benchmark was led by TalkTalk but gains were capped by a drop in...
Bank Of England
The Bank of England said it saw "no clear evidence" that a sharp economic slowdown was yet under way after last month's vote to leave the European Union, though there were signs investment and hiring were being put on hold. The Bank's regional agents - who are spread around Britain...