- Reuters - UK Focus•7 days ago
Sterling hit a one-month high against the dollar on Thursday, outperforming other major currencies after stronger than expected UK retail sales data soothed worries about weakening consumer sentiment. For the three months to February, this was still the biggest slide for retail sales in nearly seven years as higher fuel prices eroded shoppers' disposable income and the Office for National Statistics said the monthly improvement was too little to offset the drag from previously weak demand. "They (retail sales) were obviously stronger than expected which just added to the recently rather positive sentiment towards the pound," said Commerzbank (Xetra: CBK100 - news) currency strategist Thu Lan Nguyen, noting a near two-week rise in the British currency.
- Reuters - UK Focus•8 days ago
Oil prices fell on Tuesday, with U.S. crude dropping to its lowest since November, as concerns about new supplies overshadowed the latest talk by OPEC that it was looking to extend output cuts beyond June. The decline also came ahead of the release of U.S. crude inventory data later Tuesday and on Wednesday that is expected to show a crude stock build of 2.8 million barrels for last week, according to a Reuters poll.
- Reuters•8 days ago
Bank of New York Mellon Corp must face a Commerzbank AG lawsuit seeking to hold it liable for toxic mortgage-backed securities that the German lender bought before the financial crisis, resulting in more ...
CBK.DE: Summary for COMMERZBANK AG - Yahoo Finance
Commerzbank AG (CBK.DE)
XETRA - XETRA Delayed price. Currency in EUR
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|Bid||0.00 x 200000|
|Ask||0.00 x 110000|
|Day's range||8.55 - 9.08|
|52-week range||5.16 - 9.08|
|PE ratio (TTM)||39.32|
|Dividend & yield||0.00 (0.00%)|
|1y target est||N/A|