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German Business Sentiment Strongest In More Than A Year

German business confidence improved to the highest level in more than a year in July despite heightening trade tensions, survey results from the Munich-based ifo Institute showed on Friday. The business climate index registered 88.6 in July, up from 88.4 in the previous month. The reading was below forecast of 89.0 but the highest since May 2024.
RTTNews | vor 8 Tagen
Commodity Currencies Slide As Traders Remain Cautious

Commodity Currencies Slide As Traders Remain Cautious

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major counterparts in the Asian session on Friday, as traders are cautious and optimistic that the U.S. will sign up more deals with its remaining trading partners before President Donald Trump's Aug. 1 deadline. The UK, China, Vietnam, and Indonesia have already struck deals, while Canada, India, South Korea, and the EU are ramping up their efforts.
RTTNews | vor 8 Tagen
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | vor 8 Tagen
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European Economic News Preview: German Business Sentiment Data Due

European Economic News Preview: German Business Sentiment Data Due

Business confidence from Germany and retail sales from the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for June. Sales are forecast to grow 1.2 percent month-on-month in June, in contrast to the 2.7 percent decrease in May.
RTTNews | vor 8 Tagen
European Shares Set To Open On Cautious Note

European Shares Set To Open On Cautious Note

European stocks are seen opening a tad lower on Friday as investors monitor ongoing trade talks and react to the long-simmering clash between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell.
RTTNews | vor 8 Tagen
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintaining its early losses in mid-market moves on Friday and extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,700 level, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | vor 8 Tagen
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as traders are cautious and optimistic that the U.S. will sign up more deals with its remaining trading partners before President Donald Trump's Aug. 1 deadline. The UK, China, Vietnam, and Indonesia have already struck deals, while Canada, India, South Korea, and the EU are ramping up their efforts.
RTTNews | vor 8 Tagen

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