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Euronext posted stronger-than-expected results for the latest quarter. Market volatility lifted trading volumes while revenue from the Athens exchange added to the total.
BloombergEuronext reported revenue and profit above analyst expectations for the most recent quarter. Market volatility increased trading activity across its platforms.
Trading fees rose with higher volumes in equities and derivatives. Officials said the results reflected both market conditions and the integration of the new exchange. No specific executive names were provided in the report. The company did not issue forward guidance in the initial release.
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Iran directed Yemen's Houthi movement to stand ready to close the Bab el-Mandeb strait if the United States attacks its power network. The order follows recent U.S. strikes and Iran's closure of the Strait of Hormuz. Shipping routes face added risk.
forbes.comThe average 30-year fixed mortgage rate increased to 6.55 percent this week from 6.49 percent last week, Freddie Mac reported Thursday. The 15-year rate also rose, while the 10-year Treasury yield reached 4.57 percent.
news.sky.comBritain's visible trade balance recorded a deficit of 18.66 billion pounds in May. The overall trade balance deficit also narrowed from the prior month.