Economic events
CNBC’s Inside India newsletter: Have India stocks bottomed?
India traders at the Motilal Oswal Financial Services Ltd. office in Mumbai, India. Vivek Prakash | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? […]
Read More
European stocks edge lower as relief rally stalls; Gucci owner Kering falls 4%
Delivery Hero shares fall despite ‘solid’ first-quarter results Delivery Hero reported “solid” first-quarter results, showing 5% growth in ecommerce sales. The company said gross merchandise value, its preferred measure looking at the total value of goods sold, rose to 12.37 billion euros ($14.08 billion) in the first quarter, slightly undershooting investors expectations of 12.38 billion […]
Read More
Tariffs will harm us all, European officials warn — with more work needed to reach a trade deal
U.S. President Donald Trump looks on, on the day he signs executive orders in the Oval Office at the White House in Washington, D.C., U.S., April 23, 2025. Leah Millis | Reuters European officials say they’re optimistic a trade deal can be reached with U.S. President Donald Trump, warning of significant economic harm to both […]
Read More
Asia-Pacific markets set to climb as Trump softens trade stance against China
The Seoul skyline. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were set to mostly climb Thursday, tracking gains on Wall Street as a possible thaw in U.S.-China trade war fuels investor optimism. Japan’s benchmark Nikkei 225 was set to extend the previous day’s gains to open higher, with the futures contract in Chicago […]
Read More
Confidence in Trump’s handling of the U.S. economy plummets, new polls show
US President Donald Trump speaks with reporters outside the White House in Washington, DC, on April 23, 2025. Saul Loeb | Afp | Getty Images Americans’ confidence in President Donald Trump’s ability to manage the U.S. economy has plummeted since he regained the White House, new polls reveal. Just 37% of Americans approve of Trump’s […]
Read More
Treasury Sec. Bessent says China, U.S. have ‘opportunity for a big deal’ on trade
US Treasury Secretary Scott Bessent speaks during the Institute of International Finance (IIF) Global Outlook Forum in Washington, DC on April 23, 2025. Jim Watson | Afp | Getty Images Treasury Secretary Scott Bessent on Wednesday said that “there is an opportunity for a big deal here” on trade issues between the United States and […]
Read More
European stocks head for higher open as global market sentiment rebounds
European markets are expected to open higher on Wednesday as global market sentiment rebounds amid receding concerns over a trade war between the U.S. and China, and President Donald Trump’s criticism of the U.S. Federal Reserve. The U.K.’s FTSE 100 index is expected to open 86 points higher at 8,418, Germany’s DAX up 457 points […]
Read More
CNBC Daily Open: Trump, Bessent and Musk give markets the reassurance they need
(L-R) U.S. Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, Interior Secretary Doug Bergum and Transportation Secretary Sean Duffy look on as U.S. President Donald Trump prepares to sign executive orders in the Oval Office of the White House on April 09, 2025 in Washington, DC. Anna Moneymaker | Getty Images The latest CNBC […]
Read More
Hong Kong stocks lead gains in Asia on hopes of de-escalation in U.S.-China tensions
The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets climbed Wednesday, after all three key benchmarks on Wall Street advanced overnight on optimism that U.S.-China trade tensions could ease. This comes after U.S. President Donald Trump indicated that […]
Read More
This ultimate global safe haven benefiting from the dollar’s downfall is up 11% this year
As the U.S. dollar slides and the stock market whipsaws, investors are pilling into the Swiss franc. The currency, long considered a safe haven for traders in search of respite from the current market volatility, has seen upward pressure as the greenback struggled. Compounding concerns about the state of U.S. economy and President Donald Trump’s […]
Read More