Advertisement
DAX Slips As Investors Await US Inflation Data
(RTTNews) - German stocks traded slightly lower on Monday as investors digested mixed inflation data from China and awaited U.S. inflation data due later this week for directional cues.
The benchmark DAX was down 25 points, or 0.1 percent, at 18,748 after rising half a percent on Friday.
IT company Q.beyond rose 1.4 percent after narrowing its Q1 loss and confirming 2024 outlook.
Adesso SE slumped 4.5 percent. The IT services provider reported that its first-quarter consolidated loss was 3.30 million euros, compared to prior year's profit of 2.02 million euros.
Ceconomy added nearly 2 percent after the electronics retailer said it expects adjusted earnings for fiscal 2024 to be above analysts' expectations.
read more
Sensex, Nifty End Lower As IT Stocks Plunge After Trump's H-1B Visa Fee Hike
Indian shares fell on Monday, with IT stocks pacing the declines after the Trump administration announced sweeping changes to the H-1B visa regime, including a steep $100,000 fee for new applications.
RTTNews
|
19分前
European Shares Slide As Auto Stocks Weigh
European stocks were broadly lower on Monday as investors awaited a key U.S. inflation reading as well as comments from several Federal Reserve officials this week for additional clues on the Federal Reserve's rate trajectory.
RTTNews
|
1時24分前
Asian Shares Mixed As Investors Ponder Fed's Rate Path
Asian stocks turned in a mixed performance on Monday as investors wondered how U.S. President Donald Trump's crackdown on immigration will reshape the world's largest economy in the short and long term.
RTTNews
|
1時47分前
Dollar Edges Up After Fed's Cautious Rate Cut
The six-currency Dollar Index which measures the U.S. dollar's strength against a basket of 6 currencies edged up during the week ended September 19 amidst a cautious rate cut by the Federal Reserve as well as status quo by Bank of England and Bank of Japan.
RTTNews
|
2時15分前
European Shares Seen Mostly Lower In Cautious Trade
European stocks are seen opening flat to slightly lower on Monday as investors react to the Trump administration's immigration crackdown on H-1B visas and shift focus to a slew of U.S. economic data as well as speeches by Fed Chair Jerome Powell and other Fed officials due this week for additional clues on the future path of interest rates.
RTTNews
|
4時52分前
China Leaves Key Interest Rates Unchanged
The People's Bank of China left its benchmark interest rates unchanged for the fourth straight month despite key indicators suggesting economic slowdown. The PBoC kept its one-year loan prime rate unchanged at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The decision came in line with expectations.
RTTNews
|
5時3分前
Sensex, Nifty Little Changed; IT Stocks Tumble After H-1B Visa Fee Increase
Indian shares were little changed on Monday despite U.S. President Donald Trump's decision to impose a hefty $100000 fee on H-1B visas to protect American jobs.
RTTNews
|
5時51分前
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Monday, but adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains across most sectors led by mining and financial stocks.
RTTNews
|
7時0分前
