The pan-European Stoxx 600 was up 0.9% shortly after the opening bell, with all sectors and major bourses in positive territory.Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyThe producer price index, which tracks prices on a wholesale level, came in lower than expected in March, according to aThursday from the Labor Department's Bureau of Labor Statistics. The PPI reading rose 0.2% for the month, less than the 0.
Goldman Sachs has refreshed its"conviction list" of top picks in Asia Pacific for April by adding some stocks and removing others."Five factors are likely to influence Asian market performance in 2Q: the start of a rate cutting cycle, led by the Fed; elections and geopolitics; 1Q earnings results; market-specific policy; and seasonality," the investment bank's analysts said, as they unveiled their latest additions to the list.
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European markets set to open higher; UK GDP grows 0.1% in FebruaryEuropean markets are set to open higher on Friday morning as investors parse through U.K. economic data and reflect on a somewhat murky U.S. inflation outlook.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »
UK GDP Rises 0.1% in February, Signaling Sluggish Economic GrowthThe U.K. gross domestic product increased by 0.1% in February, indicating a return to slow economic growth. Construction output fell 1.9% while production output rose by 1.1%. The services sector experienced a slowdown in growth.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »
UK GDP rises 0.1% MoM in February, as expectedThe UK economy expanded 0.1% in February, having rebounded 0.3% in January, the latest data published by the Office for National Statistics (ONS) showed on Friday.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Beyond Capital: The European Investment Fund's Blueprint For A Thriving European Venture EcosystemSerial technology entrepreneur with 10+ years of experience building scalable tech ventures; leading product and development teams, selling to and co-developing products with Fortune 100 customers, raising capital from global professional investors.
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USD/JPY drops to 151.00 on hot Japan’s inflationThe USD/JPY pair slips to 151.00 in Friday’s late European session.
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European markets slightly higher after U.S. inflation data; HelloFresh up 9%, Vonovia down 7%European markets were slightly higher on Friday as investors digested hotter-than-expected U.S. inflation data.
Source: CNBC - 🏆 12. / 72 Read more »