European Stocks Higher; Lufthansa Soars After Returning To Profit

Lufthansa

European stock markets traded higher Friday, boosted by positive sentiment overseas ahead of the release of the final reading of Eurozone services activity data. At 03:50 ET (08:50 GMT), the DAX index in Germany traded 0.9% higher, the CAC 40 in France climbed 0.6% and the FTSE 100 in the U.K. rose 0.4%. European equities […]

Asia FX inches Higher Ahead of Powell speech, China optimism Fades

ASIA FX

Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome Powell, although weak economic data from China and uncertainty over the country’s COVID policy weighed on sentiment. Still, most regional units were set to end November substantially higher on a weaker dollar and expectations […]