10 Things You Need To Know Before The Opening Bell
REUTERS/Michael Dalder
The Euro Is Getting Hit. Poor inflation and unemployment data Tuesday morning have driven the euro down another 0.75% against the dollar, to $1.26.
Hong Kong's Pro-Democracy Protests Are Gaining Momentum. The massive demonstrations, led by China's youth, could get even more dramatic on Wednesday when most of China celebrates its national day.
Apple's Tax Headache Is Getting Worse. Apple could owe $8 billion in back-taxes after the following The European Commission's preliminary finding that the company's tax deals with the Irish state breached rules over state aid
Eurozone Inflation Is Still Crumbling. Prices are up just 0.3% in the year to September, the lowest recorded in five years.
Vanguard And Blackrock Could Reap Billions From PIMCO. The firms could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross.
Consumer Confidence Comes Out Later. Case-Shiller house price index figures are out at 9 a.m. ET, with consumer confidence one hour later.
Japanese Industry Is Struggling. The country's industrial production dropped 1.5% between July and August, heightening concern that the economy is struggling after April's sales tax hike.
Asian Markets Took A Beating. The Hang Seng closed down 1.28%, while the Nikkei dropped 0.84% from the previous day's close, following the massive protests in Hong Kong. European markets are mixed, with France's CAC 40 up 0.98%, Germany's DAX up 0.47% and the UK's FTSE 100 down 0.15%.
Lufthansa's Pilots Are On Strike. The 15-hour strike will affect thousands of passengers, following the end of Air France's pilot strike on Tuesday.
China's Economy Is Holding Steady. HSBC's PMI reading hit 50.2 for September, unchanged from last month and indicating modest growth.
- Welcome to the white-collar recession
- Singapore Airlines was ordered to pay a couple compensation for 'mental agony' after they complained their business-class seats didn't automatically recline
- A 101-year-old woman keeps getting mistaken for a baby on flights and says it's because American Airlines' booking system can't handle her age
- “Wish to follow in the footsteps of PM Modi!” ‘Anupamaa’ star Rupali Ganguly joins BJP
- “Wish to follow in the footsteps of PM Modi!” ‘Anupamaa’ star Rupali Ganguly joins BJP
- Assassin’s Creed Mirage on iPhone 15: Killer game to debut on Pro and iPad on June 6
- 5 worst cooking oils for your health
- From fiber to protein: 10 health benefits of including lentils in your diet
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market