DAX Slides As Investors Eye Fed Minutes

RTTNews | il y a 818
DAX Slides As Investors Eye Fed Minutes

(RTTNews) - German stocks slipped into the red on Tuesday as rising geopolitical tensions dampened the mood and investors looked to the minutes of the latest Federal Reserve meeting, due on Wednesday, for directional cues.

The U.S. core personal consumption expenditure (PCE) data, the Fed's preferred inflation measure, due later this week also remained on investors' radar.

The German 10-year Bund yield edged up slightly as a survey showed German business activity returned to growth for the first time in eight months in February.

The economic outlook has brightened slightly after an unexpectedly resilient fourth quarter, the Bundesbank said on Monday.

The benchmark DAX was down 37 points, or 0.2 percent, at 15,441 after finishing marginally lower the previous day.

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China Industrial Output Growth Tops Expectations; Retail Sales Disappoint

China Industrial Output Growth Tops Expectations; Retail Sales Disappoint

China's industrial production increased more than expected in April despite trade tariff hikes and the unemployment rate dropped marginally but growth in retail sales fell short of expectations signalling weaker domestic demand, official data revealed on Monday. Industrial output logged an annual growth of 6.1 percent in April after rising 7.7 percent in March.
RTTNews | il y a 1h 56min
Thai Downgrades GDP Growth Outlook

Thai Downgrades GDP Growth Outlook

Thailand's economy is projected to expand less than the previous estimate this year as trade tariffs are likely to dampen exports in the second half of the year, the National Economic and Social Development Council said Monday. Southeast Asia's second largest economy is forecast to grow in the range of 1.3 percent to 2.3 percent this year. This was down from the previous outlook of 2.3 percent-
RTTNews | il y a 3h 30min
Fijian Import & Export Recalls Ready-To-Eat Meat Pie Products

Fijian Import & Export Recalls Ready-To-Eat Meat Pie Products

Hayward, California-based Fijian Import & Export Co. Inc. is recalling around 127 pounds of ready-to-eat meat pie products from Australia that were not presented for import reinspection upon entry into the United States, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The recall involves 5.6-oz. plastic packages...
RTTNews | il y a 4h 22min
Australian Market Halves Early Losses In Mid-market

Australian Market Halves Early Losses In Mid-market

The Australian stock market is halving its early losses in mid-market trading on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, energy and financial stocks partially offset by gains in gold miners.
RTTNews | il y a 6h 0min