International News
Europe close: Investors get reprieve from selling
The selling pressure on European stocks abated on Wednesday after they endured their worst session in five months a day before on investors' concerns ahead of the first round of voting in the French elections.
WTI futures sent reeling by smaller than expected decline in oil stocks
US gasoline inventories rose unexpectedly last week as refineries continued to ramp-up, but the resulting drawdown in oil stockpiles was also less than anticipated.
Snap election 'an excuse to do nothing' - WPP chief Sorrell
The CEO of advertising giant WPP has said the decision of Theresa May to call a snap election later this year is "just another excuse to do nothing".
US open: Stocks mostly higher after strong earnings from Morgan Stanley
US stocks were mostly higher on Wednesday following strong earnings from financial firms led by Morgan Stanley.
Global fund managers shift from US to Eurozone stocks, UK unloved
Fund managers around the world warmed towards European equities in April despite the upcoming elections in France and amid worries of delays to the White House's plans for tax cuts, according to the results of a widely-followed survey.
Morgan Stanley boosted pre-market following earnings beat
US bank Morgan Stanley became the latest Wall Street bank to exceed analysts' expectations with its first quarter earnings, on the back of a strong performance at its investment and trading arms.
Asia report: Most markets lower as geopolitical tensions linger
Most markets in Asia finished lower on Wednesday, taking cues from a red session on Wall Street overnight.
Euro area visible trade surplus widens in March
The euro area's visible trade surplus increased sharply in February, prompting a positive reaction from economists despite the sharp drop seen in the bloc's imports from the rest of the world.
Trump signs order for firms to 'Buy American, Hire American'
US President Donald Trump has signed an executive order which will lead to a review of a visa scheme for skilled foreign workers, encouraging US companies to "Buy American, Hire American. ".
Credit Suisse still positive on European stocks, ups view on UK
A mis-match between the performance of stocks from 'cyclical' geographical regions, such as Continental Europe, Emerging Markets and Japan versus cyclical sectors meant there was an opportunity to be had, strategists at Credit Suisse said as they reiterated their positive stance towards shares from the former two of those regions.
US pre-open: Stocks seen flat ahead of more earnings; Morgan Stanley in focus
US futures pointed to a muted open on Wall Street on Wednesday as investors looked ahead to more earnings, with Morgan Stanley on the slate.
Drop in March euro area core CPI confirmed
The cost of living in the euro area declined sharply last month as prices for unprocessed foods and energy came off the boil.
IBM earnings beat target but revenues disappoint
US technology giant International Business Machines Corp fell 5. 37% in after-hours trading on Tuesday after it posted a fall in revenue for the 20th consecutive quarter.
US WTI futures edge higher despite rise in gasoline stocks
US crude oil futures edged higher as traders waited for the release of the latest official US weekly inventory data, while digesting figures from the day before showing a smaller than expected fall in stockpiles.
White House tax reforms delayed, not dead, BofA-ML says
The White House's push on tax reforms will ultimately succeed, although it may be delayed, meaning interest rate markets were being overly pessimistic, strategists at Bank of America-Merrill Lynch argued.
EU car registrations jump in March, but still point to slowdown
Car registrations in the European Union rebounded in March, led by rebounds in France and Germany, but analysts said they continued to point to a gradual slowdown.