Mining The Markets

Updated

Travel, banking stocks lift European shares with data in focus

BY Reuters  • August 27, 2024August 27, 2024
By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -Gains in banking stocks and airlines lifted European shares on Tuesday, though trading remained cautious ahead of key economic data later this w[...]
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FTSE 100 rises on travel and mining boost; Bunzl hits record high

BY Reuters  • August 27, 2024August 27, 2024
By Khushi Singh and Ankika Biswas (Reuters) -UK’s benchmark FTSE 100 stock index ended higher on Tuesday, led by gains in travel and mining shares, while Bunzl hit a record high after the busine[...]
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US house prices fall on monthly basis in June

BY Reuters  • August 27, 2024August 27, 2024
WASHINGTON (Reuters) – U.S. single-family home prices fell in June, leading to the smallest annual increase in nearly a year, as higher mortgage rates pushed buyers to the sidelines and boosted[...]
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Failed sale, appraisal delays behind first loss on a AAA bond since 2008 crisis

BY Reuters  • August 27, 2024August 27, 2024
By Shankar Ramakrishnan August 27 (Reuters) – A failed attempt to sell a New York City office tower helped cause more than a year-long delay for two credit rating agencies to downgrade a commerc[...]
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Exclusive-Pakistan eyes $4 billion from Middle East banks to plug financing gap, says central bank chief

BY Reuters  • August 27, 2024August 27, 2024
By Ariba Shahid KARACHI (Reuters) -Pakistan aims to raise up to $4 billion from Middle Eastern commercial banks by the next fiscal year, the country’s central bank chief told Reuters on Tuesday,[...]
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Swiss launch instant payments to catch up with Europe

BY Reuters  • August 27, 2024August 27, 2024
By John Revill ZURICH (Reuters) -Swiss companies and consumers are now able to make instant electronic payments, catching up with other European financial centres where the ultra-fast transfers are in[...]
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High-tech manufacturing spurs China’s July industrial profit growth

BY Reuters  • August 27, 2024August 27, 2024
By Qiaoyi Li and Ryan Woo BEIJING (Reuters) – China’s industrial profits grew faster in July buoyed by high-tech manufacturing, even as sluggish domestic demand weighed on the recovery in[...]
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Foreign investors ditch India’s pricey stocks, opt for new issues

BY Reuters  • August 27, 2024August 27, 2024
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) -Foreign investors are unloading their holdings of expensive Indian stocks and turning instead to new listings in primary markets as they seek ch[...]
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S&P 500 ends lower, weighed down by Nvidia dip

BY Reuters  • August 26, 2024August 27, 2024
By Johann M Cherian and Noel Randewich (Reuters) -The S&P 500 finished lower on Monday, with AI heavyweight Nvidia dipping ahead of its quarterly report this week, while investors awaited inflatio[...]
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