European Shares Little Changed In Cautious Trade

RTTNews | 168 days ago

(RTTNews) - European shares were largely steady on Monday after a week of high volatility on concerns about an escalating global trade war and its potential impact on global economic growth.

The pan European STOXX 600 was little changed at 552.96 despite concerns about a potential U.S. recession in 2025.

The German DAX slipped 0.1 percent as the country moved nearer to the formation of a coalition government.

Data showed earlier today that German industrial output rose in January but exports plunged, showing the challenges facing the incoming government.

France's CAC 40 was marginally higher while the U.K.'s FTSE 100 dropped half a percent.

Defense stocks continued to rise, with Germany's Rheinmetall rallying nearly 2 percent after EU leaders backed new defense spending plans.

Banks traded lower, with Commerzbank, BNP Paribas, Credit Agricole, Lloyds Banking Group and Deutsche Bank falling 1-3 percent.

British online food delivery platform Deliveroo rose 1.1 percent after saying it would end operations in Hong Kong next month.

Watches of Switzerland Group shares jumped 3.4 percent after the company announced a share buyback program.

Assura shares surged 14 percent as the consortium led by KKR & Co increased its takeover offer for the U.K. health-care landlord.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 1h 22min ago

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 1h 43min ago

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 2h 14min ago

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2h 54min ago

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 3h 22min ago

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3h 24min ago

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3h 39min ago

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 3h 42min ago

EURUSD	1.16286	GBPUSD	1.34549	AUDUSD	0.6478
USDJPY	147.775	USDCAD	1.3856	USDCHF	0.80553