Shares in financial services firm NN Group have fallen 6% after the organization posted 2025 targets that fell short of expectations. The Dutch insurer also maintained its buyback policy. — Hannah Ward-Glenton
Ukraine war is ‘single most important negative factor’ for global economy: IMF chief
CNBC Pro: Should investors get back into tech? See what the pros say and how to trade it
Tuesday, November 15, 202211:25 p.m. EST
CNBC Pro: Fed ‘pivot’ dead, says strategist, who shares where to invest right now
Fidelity says the notion that a pivot from the Federal Reserve’s dovish stance will benefit stocks is “dead.” Salman Ahmed, global head of macroeconomics and strategic asset allocation at the investment management firm, said he was concerned about the short-term performance of stocks and suggested the investor look at a different asset class. Subscribers can read more here. — Ganesh Rao
European markets: Here are the opening invitations
European markets are set to open mixed on Thursday as political uncertainty continues in the region. Britain’s FTSE is expected to open 21 points lower at 7,348, Germany’s DAX 5 points at 14,239, France’s CAC 2 points at 6,605 and Italy’s FTSE MIB up 40 points at 24,739, according to IG data. Global markets will be watching developments in Ukraine as the fallout from a missile strike on Polish soil continues. NATO said it was possible that Ukrainian air defenses were trying to intercept Russian missiles, but Ukraine said it wanted to see evidence that its own forces were behind the strike that killed two Polish civilians. In the UK, Chancellor Jeremy Hunt will deliver his latest budget statement on Thursday, which is expected to contain billions of pounds worth of spending cuts and tax rises. Profits come from Vodafone and Virgin Money on Thursday. The data releases include European car registrations data for October. — Holly Elliott
