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DAX Dips Ahead Of Key Eurozone Data
(RTTNews) - German stocks fell on Monday as investors awaited retail sales, the Sentix investor sentiment index and a slew of Services PMI reports from eurozone for directional cues. The benchmark DAX dropped 50 points, or 0.4 percent, to 14,479 after rising 0.3 percent on Friday.
The euro hit a fresh six-month high against the dollar on concerns about a widening policy gap between the U.S. and Europe.
While the Federal Reserve is on track to raise interest rates by 50 bps at its next meeting this month, recent ECB comments suggest that the debate on a 50 bps or 75 bps move in December isn't decided yet.
Among the prominent decliners. Kitchen appliance manufacturer Rational AG slumped 5.5 percent.
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Swiss Market Settles Slightly Up
After a spell in positive territory early on in the session on Monday, the Switzerland market struggled for support and drifted down into negative territory past mid afternoon, but finally managed to end the day's session slightly up.
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il y a 1h 22min
European Stocks Close Broadly Higher
European stocks closed higher on Monday as trade war worries eased a bit after U.S. President Donald Trump struck a conciliatory tone in a post on Truth Social over the weekend with regard to tariffs on Chinese goods.
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il y a 1h 42min
Euro Falls Amid Ongoing French Political Concerns
The euro weakened against other major currencies in the European session on Monday, as investors in Europe remain cautious, as they await word from France's new administration.
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il y a 6h 4min
Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Monday.
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il y a 7h 1min
Fastenal Q3 Profit Climbs, But Misses Market View; Stock Down
Shares of Fastenal Co. were losing around 4 percent in the pre-market activity on the Nasdaq, after the company's's third-quarter profit missed market estimates, despite a growth. The provider of industrial and construction supplies recorded higher net sales, but inline with the Street view. Price contributed 240 to 270 basis points to growth, which was lower than expected.
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il y a 7h 15min
Dollar Surges As Euro, Yen Plunge
The U.S. Dollar rallied emphatically against major currencies during the week ended October 10 amidst political instability in France and Japan that undermined the euro and the yen.
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il y a 8h 39min
FTSE 100 Up Marginally; Miners Rise On Higher Metal Prices
The U.K. market is up marginally in late morning trades on Monday, having eased a bit after a fairly decent upmove at the start. Mining stocks are faring well.
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il y a 9h 13min
Sensex, Nifty End Modestly Lower On Sino-US Trade Tensions
Indian shares ended lower on Monday, mirroring weakness in global markets as the U.S. government shutdown entered its third week and trade tensions between the U.S. and China returned to the fore.
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il y a 9h 25min
