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DAX Falls On Growth Worries
German stocks were moving lower on Tuesday after a survey showed the country's services sector grew at its slowest pace in five months in June, accompanied by a slight dip in manufacturing output.
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1125 days ago
Asian Shares Advance On Upbeat China Data
Asian stocks advanced on Tuesday after reports emerged that the United States may decide to cut some tariffs on Chinese imports in an effort to tame record-high inflation.
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1125 days ago
Australian Dollar Retreats After RBA Rate Hike
The Australian dollar pulled back from its early highs against its major counterparts in the Asian session on Tuesday, after the Reserve Bank of Australia raised its key interest rate by half percentage points, in line with forecasts.
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1126 days ago
European Economics Preview: Eurozone Final Composite PMI Data Due
Final Purchasing Managers' survey results from the Euro area and the UK are due on Tuesday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office Insee releases industrial production data for May. Economists forecast output to grow 0.2 percent on month, in contrast to the 0.1 percent fall in April.
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1126 days ago
European Shares Seen Up On Bets US May Lift China Tariffs
European stocks are seen opening higher on Tuesday after reports suggested that U.S. President Joe Biden is in the process of making up his mind on easing U.S. tariffs on China, in part to ease record-high inflation.
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1126 days ago
China Service Sector Rebounds In June
China's service sector logged a sharp rebound in June as the easing of pandemic related restrictions boosted demand, survey results from S&P Global showed on Tuesday. The Caixin services Purchasing Managers' Index rose to 54.5 in June from 41.4 in May. The reading was forecast to advance moderately to 49.7.
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1126 days ago
Sensex, Nifty Open Higher On Firm Global Cues
Indian shares opened higher on Tuesday, tracking positive cues from global markets.
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1126 days ago
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Tuesday, following the positive cues from European markets overnight, as investors remained cautious amid persisting worries about inflation, slowing growth and rising interest rates by major central banks pushing towards a potential recession. Signs of new waves of COVID-19 infections in China also hurt market sentiment.
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1126 days ago
Sensex, Nifty Set To Follow Asian Peers Higher
Indian shares look set to open on a solid footing Tuesday as investors react to positive global cues and mixed trade data.
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1126 days ago
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Tuesday, extending the gains in the previous session, with the Nikkei 225 moving above the 26,300 level, following the positive cues from European markets overnight, boosted by financial and technology stocks. Traders also indulged in bargain hunting after the recent three-session slide.
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1126 days ago
Australian Market Slightly Higher
The Australian stock market is slightly higher on Tuesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 6,600 level, following the positive cues from European markets overnight, boosted largely by gold miners, energy and technology, while traders cautiously await the Reserve Bank of Australia's policy on Tuesday.
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1126 days ago
TSX Ends On Firm Note; Energy, Materials Shares Rally
Energy and materials shares turned in a fine performance in the Canadian market on Monday and lifted the benchmark S&P/TSX Composite Index to a strong close.
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1126 days ago
Swiss Market Climbs Higher, Firmly On Course To End Session On Strong Note
The Switzerland market is up firmly in positive territory Monday afternoon thanks to strong gains in energy and materials sections.
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1126 days ago
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