Earnings Season Hits High Gear, EU Markets Rise, RBA Set To Cut Rates In July
The U.S. retail sales are much stronger than expected and point to economic stability, not interest rate cuts.
London markets climb as pound tumbles on fear of no-deal Brexit
London markets climbed on Tuesday as the pound continued to tumble on Brexit concerns despite strong U.K. wages growth.
British wages climb to 11-year high as unemployment matches 45-year low
The U.K. labor picture remained strong in May, according to data released Tuesdayby the Office for National Statistics. Weekly earnings in the 3 months ending May rose 3.6%, the strongest rise since July 2008. The unemployment rate meanwhile stayed at ...
UPDATE 1-Burberry shines as European shares edge higher
European stock markets crept higher on Tuesday as investors awaited the first flood of second quarter earnings releases, with London's FTSE 100 boosted by a first-quarter pickup in sales for Burberry. Shares in the British luxury brand surged 8.5%, pu...
Blackstone to buy CRH European distribution unit for €1.6bn
Irish building materials supplier CRH announced it will sell its European distribution business to private equity funds managed by Blackstone. The European business, which supplies roof tiles, sanitary heating and plumbing to a network of builders, wi...
Top 5 Things to Know in the Market on Tuesday
Investing.com - Here are the top five things you need to know in financial markets on Tuesday, July 16:
StockBeat: Burberry Follows England Cricketers' Path to Success
By Geoffrey Smith
Dow Futures Flat, But Near Record; Investors Eye Retail Sales, Q2 Bank Earnings
U.S. equity futures were little-changed in early Tuesday trading as investors maintained their cautious stance on global stocks heading into the second quarter earnings season and keyed on June retail sales data for further clues on the direction of Fe...