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DAX Attempts A Rebound

RTTNews | 768天前

DAX Attempts A Rebound

(RTTNews) - The DAX benchmark of the Frankfurt bourse attempted a rebound on Thursday amidst fresh earnings updates. Markets also took cognizance of the fall in producer price inflation to the lowest level since December 2020.

Annual producer inflation in Germany slowed to 0.1 percent in the month of June, compared to 1 percent in May. Markets were expecting a flat reading.

The forty-scrip DAX index is currently trading at 16,159.25, having gained 50 points or 0.31 percent on an overnight basis. The day's trading has been within the range of 16,047.55 and 16,176.75.

Only 12 of the 40 scrips in the index are currently trading in the overnight negative territory.

Healthcare business Fresenius surged 5.75 percent. Vonovia, BASF, Brenntag, Heidelberg Materials and Deutsche Post have all gained more than 1 percent.

SAP has declined more than 1 percent.

The EUR/USD pair increased 0.12 percent higher to 1.1211. The pair ranged between 1.1229 and 1.1197.

In tandem with the global rise in yields following Russia's exit from the Black Sea grain deal, the ten-year German bond yield has increased 0.48 percent to 2.4085%, versus 2.397% at the previous close.

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U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | 24分鐘前

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | 35分鐘前

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | 1小時54分鐘前

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | 1小時59分鐘前

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | 2小時22分鐘前

CAC Down Sharply On Widespread Selling

CAC Down Sharply On Widespread Selling

French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.

RTTNews | 2小時46分鐘前

DAX Extending Recent Weakness

DAX Extending Recent Weakness

German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.

RTTNews | 4小時9分鐘前

Sensex, Nifty Tumble On Tariff Worries

Sensex, Nifty Tumble On Tariff Worries

Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | 4小時14分鐘前

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