DAX Slides Ahead Of ZEW Statistics

RTTNews | Před 672 dny
DAX Slides Ahead Of ZEW Statistics

(RTTNews) - German stocks traded lower on Tuesday ahead of the German August ZEW survey results due later in the day.

A cautious undertone prevailed as a raft of disappointing data from China stoked concerns over the shuttering economy.

The benchmark DAX dropped 103 points, or 0.7 percent, to 15,801 after rising half a percent in the previous session.

The euro remained on defensive mode ahead of U.S. retail sales data due later in the day and Wednesday's release of the minutes from the Fed's latest policy meeting.

Banks Commerzbank and Deutsche Bank fell around 1 percent each as bond yields across Europe jumped on data showing record U.K. wage growth in the three months to June.

Real estate investment company Deutsche EuroShop was down about 1 percent despite lifting its FFO per share forecast for the 2023 financial year.

read more
Canadian Dollar Advances As Oil Prices Rise

Canadian Dollar Advances As Oil Prices Rise

The Canadian dollar firmed against its most major counterparts in the New York session on Tuesday, as oil prices advanced amid ongoing Israel-Iran conflict.
RTTNews | Před 27 minutami
Swiss Shares Follow Europe Lower

Swiss Shares Follow Europe Lower

The Swiss stock market was down again on Tuesday, spending the entire session under water and tracking the major European bourses to the downside.
RTTNews | Před 1 h 19 min
European Shares Slump On Iran Concerns

European Shares Slump On Iran Concerns

European stocks dropped on Tuesday after U.S. President Donald Trump urged residents of Tehran to 'immediately evacuate,' signaling potential escalation of the conflict.
RTTNews | Před 1 h 29 min
U.S. Industrial Production Unexpectedly Dips 0.2% In May

U.S. Industrial Production Unexpectedly Dips 0.2% In May

Industrial production in the U.S. unexpectedly saw a modest decrease in the month of May, according to a report released by the Federal Reserve on Tuesday. The Fed said industrial production dipped by 0.2 percent in May following a revised 0.1 percent uptick in April.
RTTNews | Před 5 h 47 min
U.S. Import Prices Unchanged In May

U.S. Import Prices Unchanged In May

With a steep drop in prices for fuel imports offset by an increase in prices for non-fuel imports, the Labor Department released a report on Tuesday showing U.S. import prices were unchanged in the month of May.
RTTNews | Před 6 h 12 min
U.S. Retail Sales Slump 0.9% In May, More Than Expected

U.S. Retail Sales Slump 0.9% In May, More Than Expected

The Commerce Department released a report on Tuesday showing U.S. retail sales decreased by more than expected in the month of May. The report said retail sales slid by 0.9 percent in May after edging down by a revised 0.1 percent in April. Economists had expected retail sales to decline by 0.6 percent compared to the 0.1 percent uptick originally reported for the previous month.
RTTNews | Před 6 h 14 min
Amazon Doubles Prime Day Event, Starting July 8 Through 11

Amazon Doubles Prime Day Event, Starting July 8 Through 11

E-commerce giant Amazon has announced Prime Day Event, its biggest deal event, with millions of exclusive deals for Prime Members, starting July 8 through July 11. Prime Day, traditionally a 2-day event, has now been doubled to 4 days for the first time. The 96-hours Prime Day offers Amazon's best deals of the season, including deals across more than 35 categories from fashion and beauty to groce
RTTNews | Před 7 h 44 min