Advertisement
DAX Slips As PMI Disappoints
(RTTNews) - German stocks were slightly lower on Monday after a preliminary survey showed German business activity contracted in July, raising the odds of a recession in the second half of the year.
The HCOB German Flash Composite Purchasing Managers' Index (PMI), compiled by S&P Global, dropped to 48.3 from 50.6 in June.
This is a bad start to the third quarter and our GDP forecast for the third quarter points to negative growth, said Cyrus de la Rubia, chief economist at Hamburg Commercial Bank.
Investors also awaited rate decisions from the Federal Reserve, the European Central Bank and the Bank of Japan this for directional cues.
The benchmark DAX was down 20 points, or 0.1 percent, at 16,157 after losing 0.2 percent on Friday.
read more
FTSE 100 Weak Again, Looks Headed For Weekly Loss
U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews
|
Před 27 minutami
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
RTTNews
|
Před 34 minutami
French Stocks Mostly Subdued In Cautious Trade
The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.
RTTNews
|
Před 45 minutami
French Inflation Cools; Economy Expands As Estimated
France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.
RTTNews
|
Před 1 h 11 min
Sensex, Nifty Extend Losses On Trade Worries
Indian shares ended lower on Friday to extend recent declines due to concerns over steep U.S. tariffs imposed on Indian goods.
RTTNews
|
Před 1 h 11 min
DAX Down Nearly 0.5% As Investors Focus On Economic Data
German stocks are down in negative territory in cautious trade on Friday as investors digest the nation's import prices and retail sales data and await U.S. inflation data due later in the day,
RTTNews
|
Před 1 h 19 min
European Shares Drift Lower Ahead Of US Inflation Reading
European stocks traded lower on Friday as investors waited for key U.S. inflation data due later in the day that could provide additional clues on a potential Federal Reserve rate cut in September.
RTTNews
|
Před 2 h 40 min
Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as traders await the July Personal Consumption Expenditures (PCE) price index due later in the day.
RTTNews
|
Před 2 h 41 min
