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CAC 40 Down Marginally In Cautious Trade
French stocks are down slightly Tuesday morning as worries about an imminent start of fresh U.S. levies on Mexico and Canada, and tightening restrictions on China's chip industries weigh on investor sentiment.
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vor 107 Tagen
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Tuesday.
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vor 107 Tagen
DAX Recovers After Early Setback
German stocks are recovering from an early setback Tuesday morning with select counters attracting some strong buying interest. The early weakness was due to data showing a contraction in the nation's GDP, and concerns about the potential impact of the Trump administration's tariff moves and U.S. - China tensions on global economic growth.
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vor 107 Tagen
South Korea Won Falls After BoK's Expected Rate Cut Decision
The South Korean Won weakened against the U.S. dollar in the Asian session on Tuesday, after the Bank of Korea reduced its benchmark rate by a quarter-point as domestic political unrest and trade policies of the US government weighed on domestic demand and economic growth.
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vor 107 Tagen
European Shares Little Changed In Lackluster Trade; Tech Stocks Underperform
European stocks were little changed on Tuesday as investors fretted about U.S. investment curbs on China and waited for Germany to sort out the formation of its new government.
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vor 107 Tagen
Asian Shares Retreat On Trade War Concerns
Asian stocks declined on Tuesday as fresh U.S. trade measures against China and President Donald Trump's comments that tariffs on Canada and Mexico 'will go forward' rekindled fears of a global trade war.
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vor 107 Tagen
German GDP Shrinks On Weaker Exports
The German economy contracted in the fourth quarter, in line with estimate, as the sharp decline in exports offset the improvement in consumption. Gross domestic product declined 0.2 percent from a quarter ago, reversing a 0.1 percent sequential growth in the third quarter, detailed report from Destatis showed on Tuesday. The figures matched the estimate published on January 30.
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vor 107 Tagen
more news
Europe New Car Registrations Decline In January
Europe's new car registrations declined in January as sales weakened across three major markets, the European Automobile Manufacturers' Association said Tuesday. New car sales decreased 2.6 percent from a year ago, in contrast to the 5.1 percent increase in December. Car registrations declined 6.2 percent in France and by 5.8 percent in Italy. Germany reported a moderate fall of 2.8 percent.
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vor 107 Tagen
China Maintains Medium-Term Lending Facility Rate
The People's Bank of China conducted one-year medium-term lending facility operations on Tuesday and the interest rate on MLF was kept unchanged. The central bank issued CNY 300 billion of one-year MLF at a rate of 2.0 percent. The interest rate was unchanged from the previous operation.
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vor 107 Tagen
European Economics News Preview: Germany GDP Data Due
Revised quarterly national accounts data from Germany is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's revised GDP data. The initial estimate showed that the largest euro area economy contracted 0.2 percent in fourth quarter after expanding 0.1 percent in the preceding quarter.
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vor 108 Tagen
European Shares Poised To Open Lower On Trump Tariff Concerns
European stocks may drift lower at open on Tuesday after the S&P 500 posted its third consecutive session loss on tariff worries and apprehensions over the artificial intelligence-driven narratives.
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vor 108 Tagen
Bank Of Korea Cuts Policy Rate By 25 Bps
The Bank of Korea reduced its benchmark rate by a quarter-point on Tuesday as domestic political unrest and trade policies of the US government weighed on domestic demand and economic growth. The monetary policy board, governed by Rhee Chang Yong, decided to lower the Base Rate by 25 basis points to 2.75 percent. The decision matched expectations.
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vor 108 Tagen
Sensex, Nifty Modestly Higher In Cautious Trade
Indian shares were slightly higher in cautious trade on Tuesday after having suffered heavy losses in the previous session on tariff worries and apprehensions over the artificial intelligence-driven narratives.
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vor 108 Tagen
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