Advertisement
DAX Slightly Lower After Recent Gains
(RTTNews) - German stocks were a tad lower on Friday after recent string of gains on easing worries about inflation and interest-rate hikes.
Meanwhile, Germany's wholesale prices posted the biggest fall in three years in June, data from Destatis showed earlier today.
Wholesale prices decreased 2.9 percent on a yearly basis in June, bigger than the 2.6 percent fall in May. The rate came in line with expectations. The annual fall was the biggest since June 2020.
Month-on-month, wholesale prices dropped 0.2 percent after easing 1.1 percent in May. Prices were forecast to ease more markedly by 1.2 percent.
The benchmark DAX was down 24 points, or 0.2 percent, at 16,117 after gaining 0.7 percent in the previous session.
read more
China Cuts Loan Prime Rates For First Time In 7 Months
The People's Bank of China reduced its benchmark interest rate for the first time in seven months to stimulate consumption and support the property market amid soothing trade tensions. The central bank lowered its one-year loan prime rate by 10 basis points to 3.0 percent from 3.10 percent.
RTTNews
|
55分鐘前
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
RTTNews
|
1小時22分鐘前
European Shares Likely To Open On Firm Note
European stocks may open on a positive note Tuesday as trade tensions continue to ease, and China's central bank cut interest rates to record lows to stimulate the world's second-largest economy challenged by weak consumer demand and a property crisis.
RTTNews
|
1小時56分鐘前
R&M Refresher Instant Milk Tea Powder Recalled
Lakewood, Washington-based R&M Trading LLC is recalling R&M Refresher brand Instant Milk Tea powder products of various flavors as they may contain undeclared milk, a known allergen, the U.S. Food and Drug Administration said. The Instant Milk Tea products are recalled because the ingredients statement declares Whey and Caseinate in Non-Dairy Creamer ingredients, but it does not specify milk.
RTTNews
|
2小時5分鐘前
Chinese Yuan Falls To 8-day Low Against U.S. Dollar
The Chinese yuan weakened against the U.S. dollar in the Asian session on Tuesday.
RTTNews
|
3小時4分鐘前
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction on Tuesday despite firm cues from global markets.
RTTNews
|
3小時5分鐘前
Australian Market Halves Early Gains In Mid-market
The Australian stock market is halving its early gains in mid-market trading on Tuesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains in technology and financial stocks partially offset a mixed performance in mining and energy stocks.
RTTNews
|
3小時51分鐘前
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautiously optimistic on the outlook for markets after the U.S.-China temporary trade truce. They now stay focused on the outcome of US trade negotiations with India and Japan. Some traders also locked in profits following the recent upside in the markets.
RTTNews
|
4小時17分鐘前
