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German ZEW Economic Sentiment Improves Moderately

German economic confidence improved moderately in September as experts were cautiously optimistic about economic recovery, survey results from the Mannheim-based Centre for European Economic Research, or ZEW, showed Tuesday. The ZEW indicator of economic sentiment rose less-than-expected to 34.7 in September from 34.2 in the previous month. The reading was seen at 39.8.
RTTNews | vor 35 Minuten
German Stocks Dip On Oil Spike And Rising Geopolitical Tensions

German Stocks Dip On Oil Spike And Rising Geopolitical Tensions

The DAX slipped 44.44 points Tuesday amid higher oil prices and bond yields driven by geopolitical concerns. Brent crude jumped nearly 2.5% after Saudi Arabia closed a key pipeline. Germany's August wholesale prices rose 6.8% year-on-year, accelerating from 5.3% previously.
RTTNews | vor 49 Minuten
China Industrial Output Strengthens; Retail Sales Miss Forecast

China Industrial Output Strengthens; Retail Sales Miss Forecast

China's industrial production growth accelerated in August on robust foreign demand, while retail sales logged a weaker growth and fixed asset investment downturn worsened further, underscoring the challenges in achieving the official growth target this year. Industrial production increased 5.2 percent on a yearly basis in August, faster than the 4.5 percent rise in July, the National Bureau of
RTTNews | vor 1Std 25 Minuten
Gold Drifts Lower On Firmer Dollar, Rising Oil And Bond Yields

Gold Drifts Lower On Firmer Dollar, Rising Oil And Bond Yields

Gold prices traded lower on Tuesday, extending losses from the previous session as investors weighed Middle East tensions and looked ahead to monetary policy meetings of central banks, including the U.S. Federal Reserve, the Bank of England and the Bank of Japan this week.
RTTNews | vor 1Std 28 Minuten
Oil Prices Rise On Middle East Supply Concerns

Oil Prices Rise On Middle East Supply Concerns

Oil prices rose sharply on Tuesday amid fears of a tightening oil market after Saudi Arabia closed a critical pipeline that bypasses the Strait of Hormuz following a drone attack.
RTTNews | vor 1Std 45 Minuten
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Asian Shares Retreat Ahead Of Fed Decision

Asian Shares Retreat Ahead Of Fed Decision

Asian stocks ended mostly lower on Tuesday amid heightened Middle East tensions and concerns over the pace of artificial intelligence development.
RTTNews | vor 2Std 37 Minuten
UK Jobless Rate Remains Unchanged; Wage Growth Cools

UK Jobless Rate Remains Unchanged; Wage Growth Cools

The UK unemployment rate remained unchanged and wage growth eased in the three months to July period, reflecting the softening labor market conditions, data from the Office for National Statistics revealed Tuesday. The unemployment rate 4.9 percent in the three months to July, the same rate as in the quarter ended June. The rate was forecast to rise to 5.0 percent.
RTTNews | vor 3Std 36 Minuten
European Shares Set For Cautious Open

European Shares Set For Cautious Open

European stocks are seen opening on a cautious note on Tuesday as investors look ahead to monetary policy meetings of central banks, including the U.S. Federal Reserve, the Bank of England and the Bank of Japan this week.
RTTNews | vor 5Std 40 Minuten
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remain concerned about the uncertainty in the Middle East conflict. Higher bond yields and soaring crude oil prices fueled global inflation concerns and indicated an imminent interest rate hike from the US Fed this week. Asian markets closed mostly lower on Monday.
RTTNews | vor 7Std 59 Minuten

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