European Shares Mixed In Cautious Trade; Commodity Stocks Outperform

RTTNews | Před 1136 dny

(RTTNews) - European stocks were trading mixed on Tuesday as commodity-linked stocks gained ground, offsetting worries about an impending recession.

Growing energy crisis remained on investors' radar after Russian state-owned energy company Gazprom said it will further cut gas flows through Nord Stream 1, Russia's biggest gas pipeline to Europe.

The pan European Stoxx 600 was up 0.2 percent at 426.88 after closing 0.1 percent higher on Monday.

The German DAX slipped 0.3 percent and France's CAC 40 was marginally lower while the U.K.'s FTSE 100 was up 0.6 percent.

Swiss Bank UBS plunged 5.4 percent after reporting weaker-than-expected profit in the second quarter.

Chocolate maker Lindt & Spruengli surged 4.3 percent after raising its sales guidance and unveiling a 1 billion Swiss franc ($1.04 billion) share buyback program.

Miners Anglo American, Antofagasta and Glencore all rose around 2 percent, tracking higher base metals and iron ore prices.

Oil & gas firm BP Plc and Shell also were up around 2 percent each as oil extended overnight gains amid signs of tight supplies.

Consumer goods company Unilever added 2.4 percent after raising its full-year sales guidance.

EasyJet jumped 3.7 percent. The low-cost carrier said that it expects the capacity and cost impacts of the disruption to be "a one-off this summer", with "greater resilience" forecast for the 2023 peak travel periods.

Rolls-Royce advanced 1.6 percent. The aerospace and defense firm named a private equity partner and former BP executive to succeed Warren East as the company's chief executive.

Eutelsat tumbled 3 percent in Paris after its fiscal 2022 revenue declined 6.7 percent to 1.15 billion euros from 1.23 billion euros last year.

Construction equipment manufacturer Wacker Neuson declined 1.1 percent. The company said it expects group revenue for the second-quarter 2022 to be about 548.1 million euros compared to 494.3 million euros in the prior year.

Stratec slumped 13 percent. The company, which develops and produces analyzer systems and automation systems in the field of in-vitro-diagnostics, expects consolidated sales to be 137.2 million euros for the first half of 2022 compared to 155.8 million euros last year.

Japan Household Spending Data Due On Friday

Japan will on Friday release July figures for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to rise 1.3 percent on month and 2.2 percent on year after sinking 5.2 percent on month and climbing 1.3 percent on year in June.

RTTNews | Před 12 minutami

Swiss Franc Falls Against Majors

The Swiss franc dropped against its major counterparts in the New York session on Thursday.

RTTNews | Před 1 h 29 min

Canadian Market Looks Headed For Another Positive Close

The Canadian market is firmly placed in positive territory Thursday afternoon, thanks largely to a fine performance by several technology stocks, and a few frontline stocks from consumer discretionary, real estate, communications and financials sectors.

RTTNews | Před 4 h 3 min

Swiss Market Closes On Buoyant Note

The Switzerland market closed on a strong note on Thursday, in line with most of the markets across Europe, amid rising expectations of a rate cut by the Federal Reserve, and easing concerns about tariffs.

RTTNews | Před 4 h 38 min

European Stocks Close Higher Ahead Of Crucial U.S. Jobs Data

European stocks closed mostly higher on Thursday, with most of the markets in the region gaining for a second straight day amid cooling bond markets. Still, the mood in the markets remained a bit cautious with investors looking ahead to crucial U.S. non-farm payroll data on Friday.

RTTNews | Před 5 h 13 min

U.S. Services Index Climbs To Six-Month High In August

Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.

RTTNews | Před 7 h 40 min

U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

A report released by the Labor Department on Thursday showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025. The Labor Department said labor productivity shot up by 3.3 percent in the second quarter compared to the previously reported 2.4 percent jump. Economists had expected the increase in labor productivity to be unrevised.

RTTNews | Před 7 h 58 min

U.S. Trade Deficit Widens More Than Expected As Imports Spike

With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July. The Commerce Department said the trade deficit shot up to $78.3 billion in July from a revised $59.6 billion in June. Economists had expected the trade deficit to increase to $75.7 billion.

RTTNews | Před 8 h 28 min

EURUSD	1.1651	GBPUSD	1.3431	AUDUSD	0.65186
USDJPY	148.494	USDCAD	1.38189	USDCHF	0.8053