DAX Marginally Lower; Lagarde Speech Eyed

RTTNews | 617 dias atrás
DAX Marginally Lower; Lagarde Speech Eyed

(RTTNews) - German stocks were little changed in cautious trade on Monday as investors awaited comments from European Central Bank's President Christine Lagarde on monetary policy before a committee of European Parliament.

She is expected to give an assessment on the region's monetary policy ahead of Euro zone's flash inflation estimates and manufacturing data for November due later in the week.

The benchmark DAX was marginally lower at 16,028 after falling around 0.2 percent on Friday.

Banks Commerzbank and Deutsche Bank were flat to slightly higher while automakers BMW, Mercedes Benz and Volkswagen were seeing modest losses.

Asian markets ended broadly lower earlier today following disappointing industrial profits data from China.

U.S. stock futures traded lower ahead of a busy week of economic data releases and speeches from Federal Reserve officials, including Fed Chair Jerome Powell.

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Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.
RTTNews | 18 minutos atrás
European Stocks Close Broadly Higher

European Stocks Close Broadly Higher

European markets closed mostly higher on Tuesday, although gains in most of the markets were just marginal or modest, as investors stayed somewhat cautious, reacting to a mixed batch of economic data, and assessing the impact of steep U.S. tariffs on the global economy.
RTTNews | 38 minutos atrás
U.S. Service Sector Growth Unexpectedly Slows In July

U.S. Service Sector Growth Unexpectedly Slows In July

A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
RTTNews | 3h 16min atrás
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
RTTNews | 4h 2min atrás
Eurozone Private Sector Continues To Expand

Eurozone Private Sector Continues To Expand

Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.
RTTNews | 5h 9min atrás
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.
RTTNews | 5h 20min atrás
FTSE 100 Advances On Upbeat Earnings

FTSE 100 Advances On Upbeat Earnings

The UK market is modestly higher on Tuesday, extending gains from previous session, thanks to some upbeat corporate earnings announcements, and expectations that the Federal Reserve will cut interest rate in the near future to spur economic growth.
RTTNews | 5h 49min atrás