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European shares clock weekly decline as higher-for-longer rates loom

UPDATE 2-European shares clock weekly decline as higher-for-longer rates loom For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 off 0.3%, down 1.9% for the week France's services sector contracts sharply in Sept - flash PMI AstraZeneca rises as breast cancer drug meets goal in study Shrinking German business activity points to Q3 contraction - PMI Updated at 1602 GMT By Bansari Mayur Kamdar and Shashwat Chauhan Sept 22 (Reuters)
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HSBC raises Brent price forecasts on Saudi output cuts

FACTBOX-HSBC raises Brent price forecasts on Saudi output cuts Adds HSBC forecasts Sept 22 (Reuters) - HSBC Global Research on Friday raised its forecast for Brent oil prices in 2023 and 2024, predicting that the market would remain tight on the extension of voluntary output cuts by Saudi Arabia. The bank hiked its 2024 Brent outlook by $7.5 a barrel.
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Dutch bank stocks fall after lawmakers back higher tax on banks, listed companies

Dutch bank stocks fall after lawmakers back higher tax on banks, listed companies LONDON, Sept 22 (Reuters) - Dutch banks stocks fell on Friday after Dutch lawmakers backed a higher tax on banks to cover an increase of the minimum wage and larger childcare support in 2024. The lawmakers also backed the introduction of a tax on share buybacks by listed companies.
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Morgan Stanley raises quarterly Brent oil price forecasts

CORRECTED-FACTBOX-Morgan Stanley raises quarterly Brent oil price forecasts Corrects to remove $95/bbl Brent forecast for Morgan Stanley in table (that is their forecast for Q4, not for 2023 Sept 22 (Reuters) - Morgan Stanley raised its quarterly forecasts for Brent oil prices in 2023 and 2024 on Wednesday, citing the supply deficit caused by the extension of output cuts from Saudi Arabia and Russia.
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ABN Amro To Appoint Ton Van Nimwegen As COO

BRIEF-ABN Amro To Appoint Ton Van Nimwegen As COO Sept 21 (Reuters) - ABN Amro Bank NV ABNd.AS : ABN AMRO INTENDS TO APPOINT TON VAN NIMWEGEN AS COO AND MEMBER OF THE EXECUTIVE BOARD Source text for Eikon: ID:nGNE1VmCjL Further company coverage: [ABNd.AS] (Gdansk Newsroom)
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Societe Generale vision falls flat as Europe's banks falter

RPT-ANALYSIS-Societe Generale vision falls flat as Europe's banks falter Repeats from SEPT 18, no changes to text By John O'Donnell and Mathieu Rosemain LONDON/DUBLIN, Sept 18 (Reuters) - Societe Generale's SOGN.PA much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy.
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Societe Generale vision falls flat as Europe's banks falter

RPT-ANALYSIS-Societe Generale vision falls flat as Europe's banks falter Repeats from SEPT 18, no changes to text By John O'Donnell and Mathieu Rosemain LONDON/DUBLIN, Sept 18 (Reuters) - Societe Generale's SOGN.PA much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy.
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Societe Generale vision falls flat as Europe's banks falter

ANALYSIS-Societe Generale vision falls flat as Europe's banks falter By John O'Donnell and Mathieu Rosemain LONDON/DUBLIN, Sept 18 (Reuters) - Societe Generale's SOGN.PA much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy. As a year-long boon from interest rate rises fizzles, Europe's big lenders are under a spotlight, with higher rates now upping pressure on borrowers, threatening to prick a p
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Citi raises 2023 Brent crude oil price forecast

FACTBOX-Citi raises 2023 Brent crude oil price forecast Sept 18 (Reuters) - Citi raised its 2023 average Brent oil price forecast on Monday, reasoning that factors including weather risks and geopolitics could push oil above $100 a barrel for a short while. nFWN3AS01K For the third and fourth quarters of this year, its upward revisions accounted for extension of production cuts by Saudi Arabia and Russia, the bank said.
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London Sept cocoa expiry sees 123,260 metric tons tendered

London Sept cocoa expiry sees 123,260 metric tons tendered LONDON, Sept 15 (Reuters) - A total of 123,260 metric tons of cocoa was tendered against the ICE September London cocoa contract LCCU3 , exchange data showed on Friday. The delivery against the contract, which expired on Thursday, included 54,160 tons of cocoa from Nigeria, 31,690 tons from Cameroon and 31,020 tons from Ivory Coast.
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Nike faces calls to pay garment workers ahead of annual shareholder meeting

Nike faces calls to pay garment workers ahead of annual shareholder meeting By Katherine Masters NEW YORK, Sept 11 (Reuters) - More than a dozen investors are calling on Nike to pay garment workers in Cambodia and Thailand that a labor rights group said lost wages after COVID-19 factory shutdowns, according to a Sept. 7 letter to Nike's CEO John Donahoe seen by Reuters.
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MS sees stable 2024 for European banks, more divergence in 2025

BUZZ-MS sees stable 2024 for European banks, more divergence in 2025 ** Morgan Stanley expects European banks' net interest incomes (NII) to be broadly stable in 2024, with some upside depending on when interest rate cuts kick-off, but more divergence should come in 2025 ** With the euro zone very close to peak rates, the broker says the focus will
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ABN Amro To Appoint Ferdinand Vaandrager As Chief Financial Officer

BRIEF-ABN Amro To Appoint Ferdinand Vaandrager As Chief Financial Officer Sept 5 (Reuters) - ABN Amro Bank NV ABNd.AS : INTENDS TO APPOINT FERDINAND VAANDRAGER (1970) AS CFO AND MEMBER OF EXECUTIVE BOARD (EXBO) FOR A PERIOD OF FOUR YEARS APPOINTMENT IS SUBJECT TO APPROVAL BY EUROPEAN CENTRAL BANK (ECB) Source text for Eikon: ID:nGNE5hPGnc Further c
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Waiting for a good entry point

LIVE MARKETS-Waiting for a good entry point STOXX 600 up 0.6% Novo Nordisk hits record high U.S. markets closed for Labour Day Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WAITING FOR A GOOD ENTRY POINT (1107 GMT) Seasonality is a word on the market's lips at the start of September, with the current month an historically difficult one for the stock market.
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Bad news is good news...for now

LIVE MARKETS-Bad news is good news...for now STOXX 600 up 0.7% Novo Nordisk hits record high U.S. markets closed for Labor Day Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BAD NEWS IS GOOD NEWS...FOR NOW (1038 GMT) Markets had a lot to digest last week, particularly on the state of the U.S.
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Opportunities in European banks still there, but narrowing - Citi

LIVE MARKETS-Opportunities in European banks still there, but narrowing - Citi STOXX 600 up 0.7% Novo Nordisk hits record high U.S. markets closed for Labor Day Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com OPPORTUNITIES IN EUROPEAN BANKS STILL THERE, BUT NARROWING - CITI (0945 GMT) European banks .SX7P are up around 13% so far in 2023, outperforming the wider STOXX 600 .STOXX
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Barclays raises 2024 Brent forecast on tighter balance estimates

FACTBOX-Barclays raises 2024 Brent forecast on tighter balance estimates Aug 30 (Reuters) - Barclays on Wednesday raised its 2024 Brent oil price forecast by $8 to $97 a barrel, predicting that market balances could tighten further next year. "Slowing non-OPEC+ supply growth, driven primarily by the US, and persistent underproduction from several OPEC+ producers due to structural constraints bolsters our core thesis behind a constructive view on oil prices," the bank said in a note.
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MS sees upside for French, Benelux banks despite rate cuts

BUZZ-MS sees upside for French, Benelux banks despite rate cuts ** With expected rate cuts in 2024, Morgan Stanley flags pressures on French and Benelux banks' net interest income (NII), but sees upside from capital yields and asset quality ** "With the market pricing in a last hike by the ECB in Q4 and rate cuts from end 2024, investors are asking
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Rotork, Societe Generale SA, Talanx AG

EUROPE RESEARCH ROUNDUP-Rotork, Societe Generale SA, Talanx AG Aug 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Rotork, Societe Generale SA, and Talanx AG, on Wednesday. HIGHLIGHTS * Elkem ASA ELK.OL : Morgan Stanley cuts to equal weight from overweight * Gurit Holding AG GURN.S : Credit Suisse raises to outperform from underperform * Rotork Plc ROR.L : Peel Hunt raises to buy from add * Societe Generale SA SOGN.PA : Morgan S
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Dutch lender De Volksbank faces fine over money laundering safeguards

CORRECTED-UPDATE 1-Dutch lender De Volksbank faces fine over money laundering safeguards Corrects to show Rabobank is still under investigation (has not settled DNB complaint), paragraph 6 AMSTERDAM, Aug 11 (Reuters) - De Volksbank's systems to prevent money laundering have been deemed insufficient by the Dutch central bank (DNB) and it will likely face a fine, the Dutch state-owned bank said on Friday.
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شرائط

مشہور اثاثے

دستبرداری: XM Group کے ادارے ہماری آن لائن تجارت کی سہولت تک صرف عملدرآمد کی خدمت اور رسائی مہیا کرتے ہیں، کسی شخص کو ویب سائٹ پر یا اس کے ذریعے دستیاب کانٹینٹ کو دیکھنے اور/یا استعمال کرنے کی اجازت دیتا ہے، اس پر تبدیل یا توسیع کا ارادہ نہیں ہے ، اور نہ ہی یہ تبدیل ہوتا ہے یا اس پر وسعت کریں۔ اس طرح کی رسائی اور استعمال ہمیشہ مشروط ہوتا ہے: (i) شرائط و ضوابط؛ (ii) خطرہ انتباہات؛ اور (iii) مکمل دستبرداری۔ لہذا اس طرح کے مواد کو عام معلومات سے زیادہ کے طور پر فراہم کیا جاتا ہے۔ خاص طور پر، براہ کرم آگاہ رہیں کہ ہماری آن لائن تجارت کی سہولت کے مندرجات نہ تو کوئی درخواست ہے، اور نہ ہی فنانشل مارکیٹ میں کوئی لین دین داخل کرنے کی پیش کش ہے۔ کسی بھی فنانشل مارکیٹ میں تجارت میں آپ کے سرمائے کے لئے ایک خاص سطح کا خطرہ ہوتا ہے۔

ہماری آن لائن تجارتی سہولت پر شائع ہونے والے تمام مٹیریل کا مقصد صرف تعلیمی/معلوماتی مقاصد کے لئے ہے، اور اس میں شامل نہیں ہے — اور نہ ہی اسے فنانشل، سرمایہ کاری ٹیکس یا تجارتی مشورے اور سفارشات؛ یا ہماری تجارتی قیمتوں کا ریکارڈ؛ یا کسی بھی فنانشل انسٹرومنٹ میں لین دین کی پیشکش؛ یا اسکے لئے مانگ؛ یا غیر متنازعہ مالی تشہیرات پر مشتمل سمجھا جانا چاہئے۔

کوئی تھرڈ پارٹی کانٹینٹ، نیز XM کے ذریعہ تیار کردہ کانٹینٹ، جیسے: راۓ، خبریں، تحقیق، تجزیہ، قیمتیں اور دیگر معلومات یا اس ویب سائٹ پر مشتمل تھرڈ پارٹی کے سائٹس کے لنکس کو "جیسے ہے" کی بنیاد پر فراہم کیا جاتا ہے، عام مارکیٹ کی تفسیر کے طور پر، اور سرمایہ کاری کے مشورے کو تشکیل نہ دیں۔ اس حد تک کہ کسی بھی کانٹینٹ کو سرمایہ کاری کی تحقیقات کے طور پر سمجھا جاتا ہے، آپ کو نوٹ کرنا اور قبول کرنا ہوگا کہ یہ کانٹینٹ سرمایہ کاری کی تحقیق کی آزادی کو فروغ دینے کے لئے ڈیزائن کردہ قانونی تقاضوں کے مطابق نہیں ہے اور تیار نہیں کیا گیا ہے، اسی طرح، اس پر غور کیا جائے گا بطور متعلقہ قوانین اور ضوابط کے تحت مارکیٹنگ مواصلات۔ براہ کرم یقینی بنائیں کہ آپ غیر آزاد سرمایہ کاری سے متعلق ہماری اطلاع کو پڑھ اور سمجھ چکے ہیں۔ مذکورہ بالا معلومات کے بارے میں تحقیق اور رسک وارننگ ، جس تک رسائی یہاں حاصل کی جا سکتی ہے۔

ہم کوکیز کا استعمال آپکو ہماری ویب سائٹ پر بہتریں تجربہ دینے کیلیے کرتے ہیں۔ مزید پڑھیے یا اپنی کوکی سیٹنگ تبدیل کیجیے۔

خطرے کی انتباہ: آپکا سرمایہ خطرے پر ہے۔ ہو سکتا ہے کہ لیورج پروڈکٹ سب کیلیے موزوں نہ ہوں۔ براہ کرم ہمارے مکمل رسک ڈسکلوژر کو پڑھیے۔