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DAX Dips Ahead Of Key Inflation Data
(RTTNews) - German stocks fell on Thursday amid worries about continued monetary policy tightening by the U.S. Federal Reserve and the European Central Bank.
The benchmark DAX was down 129 points, or 0.8 percent, at 15,176 after losing 0.4 percent lower the previous day.
Travel and tech stocks dipped as Eurozone government bond yields hit multi-year highs ahead of the release of preliminary euro zone data for February due later in the day. Lufthansa fell over 1 percent and Infineon lost 3 percent.
Kion Group AG rose over 1 percent. The manufacturer of materials handling equipment said it expects an increase in revenue and a significant improvement in both adjusted EBIT and return on capital employed in fiscal 2023.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the early European session on Tuesday.
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hace 19 minutos
South Korea GDP Growth Fastest In 1 1/2 Years
South Korea's economy logged its fastest growth in one-and-a-half years in the third quarter, thanks to robust consumption and exports. Gross domestic product grew 1.2 percent from a quarter ago, advance estimate from the Bank of Korea showed on Tuesday. This followed second quarter's 0.7 percent expansion.
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hace 51 minutos
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the early European session on Tuesday.
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hace 57 minutos
European Economic News Preview: German GfK Consumer Confidence Due
Consumer sentiment from Germany and business confidence from Italy are the major economic reports due on Tuesday. At 3.00 am ET, the market research group GfK is slated to issue Germany's consumer sentiment survey results. The consumer confidence index is forecast to rise to -22.0 in November from -22.3 in October. Also, Statistics Sweden is set to issue monthly foreign trade data for September
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hace 1h 50min
Europe Car Sales Grow For Third Month
Europe's new car sales increased for the third straight month in September driven by the launch of new models, the European Automobile Manufacturers' Association, or ACEA, said Tuesday. New car sales advanced 10.0 percent year-on-year in September, following a 5.3 percent rise in August. This was the third consecutive increase in car sales.
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hace 2h 30min
European Shares Likely To Open On Tepid Note
European stocks are seen opening a tad lower on Tuesday as investors monitor the latest developments on U.S.-China trade front and look ahead to upcoming monetary policy announcements from several central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan.
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hace 2h 49min
Sensex, Nifty Subdued In Lackluster Trade
Indian shares were subdued on Tuesday as investors locked in some profits after recent gains, driven by optimism over easing global trade tensions and expectations of corporate earnings rebound.
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hace 3h 39min
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Tuesday, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
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hace 4h 43min
