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Ifo Institute says German economic sentiment improved in November The Ifo institute’s German business climate index rose to 86.3 in November from 84.5 in October. “While companies were somewhat less satisfied with their current business, pessimism about the coming months has declined sharply. The recession may be less severe than many expected,” said IFO President … Read more

European stocks open to close, data, earnings and market moves

Vivendi is keen to talk to the Italian government about the One Network plan Telecom Italia’s lead investor, Vivendi, wants to start talks with the newly elected Italian government to discuss plans to create a national broadband company, according to Sources close to the cluster. Negotiations for the sale of Telecom Italia’s landline network to … Read more

German relief plan could lead to UK-style bond collapse

German Chancellor Olaf Scholz announced last week a €200 billion ($198 billion) package designed to help drive up energy prices. The “Defensive Shield” includes gas price braking and a reduced sales tax on fuel. Stevie Luce | pool | Reuters Amid pessimistic forecasts of a recession in Germany and the broader region, analysts at a … Read more

The individual investor is pessimistic. This is what it means for the market

The percentage of investors feeling down about the stock market has reached levels last seen during the Great Recession, according to a weekly survey from the American Association of Retail Investors. This negative feeling could mean that there is an opportunity nearby. Just over three-fifths, or 60.87% of nearly 300 investors surveyed, reported feeling “down,” … Read more

The next Fed meeting will decide whether stocks can stabilize or fall to market lows

The Federal Reserve is expected to raise interest rates by another three-quarters of a point on Wednesday, but it is what it indicates about future rate hikes that will drive the markets. The central bank’s two-day meeting on Tuesday and Wednesday comes in a week where investors will also be on high alert for more … Read more

Japan’s Nikkei rose 2% in mixed Asian trading after Wall Street rebound

Oil prices rise after Russia threatens to halt energy exports oil prices rose, Recovering from the previous session’s lossesAfter Russian President Vladimir Putin the threat Stop oil and gas exports if European countries impose price ceilings on Russian oil. Brent crude Futures contracts rose 1% to $88.88 a barrel West Texas Intermediate US It added … Read more

Asia Pacific markets trade less; China’s trade data in August missed expectations

The Japanese yen weakens further, slowly approaching 145 The Japanese yen weakened further to 144.35, the weakest since mid-1998 – as the US dollar index strengthened, Reaching a new peak for 24 years against the Japanese currency. The offshore Chinese yuan also weakened to 6.99, slightly approaching the 7 mark, after weaker-than-expected trade data. The … Read more