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European Stock Market Sink On Monday
European stocks finished modestly lower on Monday as investors waited for Iran's response to the weekend U.S. air strikes on its nuclear sites.
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58 days ago
Tesla Stock Gains As Robotaxi Hits On Austin Roads
Tesla Inc. officially launched its highly anticipated Robotaxi driverless taxi service in Austin, Texas, on Sunday. Currently, the company is providing service in limited areas of Austin. The vehicles were confined to certain streets, and the riders reportedly included investors and social-media influencers who live-streamed their trips. On the Nasdaq, Tesla shares are currently gaining around 7
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58 days ago
UK Private Sector Grows At Fastest Pace In 3 Months
The UK private sector output picked up at the strongest pace in three months in June after business volume returned to growth, flash survey results from S&P Global showed on Monday. The flash composite output index registered 50.7 in June, up from 50.3 in May. The reading was above the crucial 50.0 no-change value for the second straight month.
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58 days ago
FTSE 100 Records Lower Losses
The FTSE 100 benchmark of the London Stock Exchange outperformed its peers in the region with lower losses in the wake of the sharp escalation in Middle East tensions over the course of the weekend.
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58 days ago
Eurozone Private Sector Expands For Sixth Straight Month
The euro area private sector expanded for the sixth straight month in June as sustained increases in manufacturing output coincided with a stabilization of services activity, flash purchasing managers' survey results from S&P Global showed on Monday. The flash HCOB composite output index remained unchanged at 50.2 in June. The index posted above the 50.0 no change mark for the sixth month.
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58 days ago
CAC 40 Falls As Market Spotlight On Middle East Tensions
The CAC 40 benchmark changed course on Monday amidst a major escalation in Middle East tensions over the weekend that hurt global market sentiment.
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58 days ago
Dollar Rebounds Amidst Escalation In Middle East Tensions
The U.S. Dollar rebounded against major currencies during the week ended June 20 amidst an escalation in tensions in the Middle East.
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58 days ago
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DAX Dips As Middle East Crisis Deepens
Amidst weak sentiment triggered by the U.S. attacks on Iran and fears of Iran's response thereto, the DAX is trading in mildly negative territory.
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58 days ago
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the European session on Monday.
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58 days ago
Sensex, Nifty End Off Day's Lows
Indian shares fell on Monday, but ended off their day's lows as markets apparently took the U.S. strikes against nuclear targets in Iran in their stride and waited to see how Iran reacts and what happens to Tehran's nuclear program.
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58 days ago
German Private Sector Returns To Growth
Germany's private sector returned to growth in June, led by the manufacturing sector, flash data from S&P Global revealed on Monday.The HCOB composite output index stood at 50.4 in June, rebounding from a five-month low of 48.5 in May. A reading above the neutral 50.0 level signals expansion in the sector. Growth in manufacturing output was partly offset by a slower reduction in services activty
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58 days ago
Antipodean Currencies Fall Amid Risk-Off Mood
The antipodean currencies such as the Australia and the New Zealand dollars weakened against other major currencies in the Asian session on Monday due to increased risk-off mood by the investors, amid escalation in the middle east conflict after the U.S. joined Israel in the weeks-long war with Iran, with U.S. carrying out a "successful" airstrike on three nuclear sites in Iran over the weekend. This has heightened fears of a broader regional conflict.
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58 days ago
French Private Sector Downturn Deepens
France's private sector output declined further in June as both manufacturing and services activity entered the contraction territory, flash survey results from S&P Global showed on Monday. The HCOB flash composite output index declined to 48.5 in June from 49.3 in the previous month. A reading below 50.0 indicates contraction.
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58 days ago
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