DAX Slips As Uncertainties Mount

RTTNews | Před 1041 dny
DAX Slips As Uncertainties Mount

(RTTNews) - German stocks fell on Tuesday to extend recent losses amid heightened geopolitical tensions, hawkish Fed comments and news of fresh lockdowns in China.

The benchmark DAX was down 101 points, or 0.8 percent, at 12,172 after finishing marginally lower the previous day.

The leaders of the G7 group of nations will hold a virtual meeting today to discuss offering further support to Ukraine after Moscow launched retaliatory missile strikes that killed 19 people.

German government bond yields held near 11-year highs after reports Chancellor Olaf Scholz was prepared to back European Union-wide joint debt issuance to help the bloc's members tackle the energy crisis.

Longer-term U.S. Treasury yields shot higher after Fed Vice Chair Lael Brainard said the central bank has no intentions of a dovish pivot in the near-term.

China stepped up anti-COVID measures in mega cities to control a spike in new virus cases following a week-long National Day holiday that ended Friday,

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South Korea Shares May Be Stuck In Neutral On Monday

South Korea Shares May Be Stuck In Neutral On Monday

Ahead of Friday's holiday for Liberation Day, the South Korea stock market had moved higher in back-to-back sessions, gathering more than 35 points or 1.1 percent along the way. The KOSPI now sits just above the 3,225-point plateau although it m ay spin its wheels on Monday.
RTTNews | Před 14 minutami
Singapore Export Data On Tap For Monday

Singapore Export Data On Tap For Monday

Singapore will on Monday release July figures for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity. In June, NODX was up 14.3 percent on month and 13.0 percent on year.
RTTNews | Před 1 h 14 min
Euro Higher Against Majors

Euro Higher Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.
RTTNews | Před 2 dny
TSX Down Marginally In Lackluster Trade

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.
RTTNews | Před 2 dny
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday with stocks from across several sectors gaining ground on sustained buying support. The mood remained positive right through the day's session, amid some expectations about an end to the Ukraine war.
RTTNews | Před 2 dny
European Stocks Close Mixed After Cautious Session

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.
RTTNews | Před 2 dny
U.S. Business Inventories Rise In Line With Estimates In June

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
RTTNews | Před 2 dny
U.S. Consumer Sentiment Unexpectedly Deteriorates In August

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
RTTNews | Před 2 dny