European Shares Rise Ahead Of German Debt Vote, Trump-Putin Talks

RTTNews | 163 days ago
Stocktwits
European Shares Rise Ahead Of German Debt Vote, Trump-Putin Talks

(RTTNews) - European stocks edged higher on Tuesday, with an upcoming German vote on historic debt reforms and Ukraine peace talks in focus.

The German parliament vote seeks to exempt defense spending from debt limits and create a 500-billion-euro infrastructure plan fund.

U.S. President Donald Trump will talk to his Russian counterpart Vladimir Putin later in the session and discuss ending the war in Ukraine.

Traders also eye messages from Nvidia CEO Jensen Huang to be delivered later today during GTC 2025, or the GPU Technology Conference 2025, under way in California.

The focus will be on artificial intelligence, robotics and other advanced technologies.

The pan European STOXX 600 rose half a percent to 553.90 after rising 0.8 percent in the previous session.

The German DAX rallied a little over 1 percent on optimism about the country's fiscal reset plan.

France's CAC 40 gained half a percent and the U.K.'s FTSE 100 was up 0.3 percent.

Trustpilot Group shares jumped 14 percent. The Danish consumer business operating a review website has topped up its share buyback program with another 20 million pounds.

Likewise, food delivery giant Deliveroo added 1.3 percent after announcing an extension of its share buyback program.

Fresnillo advanced 1.5 percent as gold prices surged to a new record high above $3,000 per ounce.

Stocktwits
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Europe Car Sales Rebound In July

Europe Car Sales Rebound In July

Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric
RTTNews | 1h 4min ago
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | 2h 56min ago
Sensex Nifty Decline On Tariff Worries

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Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | 3h 49min ago
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | 3h 50min ago
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 5h 15min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | 5h 30min ago
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