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German Consumer Confidence Rises In December

German Consumer Confidence Rises In December

Consumer morale in Germany rose moderately in December amid the slowing inflation but sentiment stayed at a very low level signaling no signs of sustainable recovery, survey results published jointly by GfK and the Nuremberg Institute for Market Decisions, showed on Tuesday. The consumer confidence index rose to -27.8 in December from -28.3 in November. The reading was seen at -27.0.
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DAX Close To The Flatline Ahead Of Inflation Updates

DAX Close To The Flatline Ahead Of Inflation Updates

The DAX benchmark of the Frankfurt bourse recorded only mild gains amidst anxiety ahead of the release of crucial PCE inflation readings from the U.S. as well as the euro regions.
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Eurozone M3 Money Supply Falls, Bank Lending Remains Weak

Eurozone M3 Money Supply Falls, Bank Lending Remains Weak

Eurozone money supply continued to fall and bank lending remained weak in October amid tight monetary policy, data published by the European Central Bank showed Tuesday. The monetary aggregate M3 declined 1.0 percent on a yearly basis in October after a 1.2 percent fall in September. This was the fourth consecutive fall.
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IRobot Stock Hit By EU's Competition Concerns About Amazon Deal

IRobot Stock Hit By EU's Competition Concerns About Amazon Deal

The European Commission, which was probing Amazon.com Inc.'s proposed $1.7 billion acquisition of consumer robot company iRobot Corp., said it has competition concerns regarding the deal. Following the news, the shares sank 17.2 percent on Monday's regular trading on Nasdaq to close at $34.35. However, in the after-hours trading, the shares gained around 2.5 percent.
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Sensex, Nifty End On Firm Note; Oil, Adani Group Shares Post Strong Gains

Sensex, Nifty End On Firm Note; Oil, Adani Group Shares Post Strong Gains

After moving along the unchanged line, with stocks swinging between gains and losses till well past noon on Tuesday, the benchmark indices Sensex and the Nifty50 climbed higher in the final ninety minutes of the session to eventually end on a firm note.
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Asian Equities Close On A Mixed Note

Asian Equities Close On A Mixed Note

Asian markets closed on a mixed note on Tuesday amidst anxiety ahead of crucial macro-economic updates.
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Commodity Currencies Rise On Strong Asian Shares

Commodity Currencies Rise On Strong Asian Shares

Commodity currencies such as the Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as investors are trading mostly higher, following the broadly negative cues from global markets overnight. Traders seemed reluctant to make significant moves ahead of the release of some key economic data in the coming days. Most currencies in the region also strengthened against the U.S. dollar.
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