Advertisement
DAX Subdued As Industrial Output Falls
(RTTNews) - German stocks were trading lower on Friday amid lingering worries about the impact of rising interest rates on economic growth.
Adding to the gloomy mood, new data showed German industrial production declined more than expected in May,
Industrial production posted a monthly fall of 0.2 percent in May in contrast to the 0.3 percent increase in April, according to figures from Destatis. Output was forecast to drop 0.1 percent.
On a yearly basis, industrial production grew 0.7 percent, following a 1.7 percent rise in April.
The benchmark DAX was down 18 points, or 0.1 percent, at 15,510 after plunging 2.6 percent the previous day.
The euro was on defensive mode ahead of the all-important U.S. jobs report due later in the day.
read more
DAX Extending Recent Weakness
German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.
RTTNews
|
1h 2min atrás
Sensex, Nifty Tumble On Tariff Worries
Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
RTTNews
|
1h 7min atrás
French Consumer Sentiment Weakest Since 2023
France's consumer confidence weakened to the lowest level since October 2023 largely due to the weaker outlook for standard of living and the fall in saving intentions. The consumer sentiment index edged down to 87 in August from 88 in July. This was the lowest reading since October 2023 and remained below its long-term average of 100.
RTTNews
|
2h 15min atrás
European Shares Decline Amid French Uncertainty
European shares traded lower on Tuesday, with Fed independence fears and French political risks keeping investors on edge.
RTTNews
|
2h 36min atrás
Asian Shares Slip After Trump's Tariff Threats
Asian stocks fell on Tuesday as Fed independence fears resurfaced and investors awaited Nvidia results amid hopes it can soothe fears about AI spending.
RTTNews
|
2h 57min atrás
Indian Rupee Falls To More Than 4-week Low On Tariff Worries
The Indian rupee weakened against the U.S. dollar in the Asian session on Tuesday, after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
RTTNews
|
3h 31min atrás
Antipodean Currencies Fall Amid Risk-off Mood
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation.
RTTNews
|
4h 10min atrás
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.
RTTNews
|
5h 18min atrás
