The UBS strategist says the recession will be an inch deep but a mile wide

The UBS strategist says the recession will be an inch deep but a mile wide

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY Global economic conditions will change in the coming year, and this will upend markets and sectors that have been underperforming, according to the chief strategist at investment bank UBS. Bhanu Baweja told CNBC’s “Squawk Box Europe” on Wednesday … Read more

European markets open for closing, stock movements, news and data

European markets open for closing, stock movements, news and data

German October wholesale sales inflation fell well short of expectations Germany’s producer price index came in at -4.2% month over month in October, the Federal Statistics Office reported Monday, well below Reuters’ forecast for a 0.9% increase. On a yearly basis, wholesale prices rose 34.5%, below expectations of 41.5%. – Elliott Smith Stocks on the … Read more

The S&P 500 and the Nasdaq closed lower for a second day as investors weighed comments from Federal Reserve officials

Stock futures haven't changed much as investors weigh recent earnings streams

Stocks fell Thursday and bond yields jumped as Federal Reserve officials signaled their campaign to raise interest rates to slow inflation is far from over. The Dow Jones Industrial Average fell 7.51 points, or 0.02%, to 33,546.32 – after falling as much as 314 points in the session. The S&P 500 fell 0.31%, to 3,946.56. … Read more

Stock futures haven’t changed much as investors weigh recent earnings streams

Stock futures haven't changed much as investors weigh recent earnings streams

Scott Eiles | bloomberg | Getty Images Stock futures were little changed Thursday as investors responded to the latest batch of quarterly results and await a slew of Federal Reserve speakers. And futures contracts related to the Dow Jones Industrial Average fell 58 points, or 0.2%. S&P 500 futures fell 0.1%, while Nasdaq 100 futures … Read more

European markets warned as investors assess Fed outlook

European markets warned as investors assess Fed outlook

Stocks on the go: Informa up 6%, Roche down 4% shares information It jumped more than 6% in early trading to lead the Stoxx 600 after the British publisher updated its guidance for 2022. At the bottom of the Stoxx 600, rush It fell 4.7% after the Swiss drugmaker’s candidate Alzheimer’s drug failed in two … Read more

European markets warned as investors assess Fed outlook

European markets warned as investors assess Fed outlook

Stocks on the go: Informa up 6%, Roche down 4% shares information It jumped more than 6% in early trading to lead the Stoxx 600 after the British publisher updated its guidance for 2022. At the bottom of the Stoxx 600, rush It fell 4.7% after the Swiss drugmaker’s candidate Alzheimer’s drug failed in two … Read more

European Central Bank member says peak inflation in Europe is ‘almost within reach’

European Central Bank member says peak inflation in Europe is 'almost within reach'

Eurozone inflation remains well above the ECB’s target, as energy and food prices have risen. Bloomberg | Bloomberg | Getty Images A member of the European Central Bank’s Governing Council told CNBC Thursday that peak inflation is “almost within reach” in the eurozone. The eurozone has been struggling against rising inflation for nearly a year, … Read more