DAX Slides As Italy's Draghi Resigns

RTTNews | 1251 일 전
DAX Slides As Italy's Draghi Resigns

(RTTNews) - German stocks fell on Thursday after Italian Prime Minister Mario Draghi offered his resignation to the president, in a move that will raise the prospect of snap elections as soon as early October.

Meanwhile, Russia resumed natural gas supplies to Germany, helping to ease worries about fallout on the economy.

The euro wilted as investors braced for the interest-rate decision from the European Central bank. A 25-bps hike is already priced in by markets.

The benchmark DAX slipped 110 points, or 0.8 percent, to 13,172 after declining 0.2 percent the previous day.

SAP tumbled 3.6 percent after the business software company lowered its 2022 profit outlook.

Sartorius soared 7.5 percent. The pharmaceutical and laboratory equipment supplier confirmed its 2022 outlook after reporting encouraging first-half results.

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DAX Firm Amidst Mixed Trends In Europe

DAX Firm Amidst Mixed Trends In Europe

The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is currently trading firm even as a mixed mood prevails in most of Europe.
RTTNews | 1 시간 47 분 전
Yen Rises Amid BoJ Rate Hike Bets

Yen Rises Amid BoJ Rate Hike Bets

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as investors talk about the Bank of Japan's latest 25 basis point rise and the likelihood of further rate hikes.
RTTNews | 2 시간 32 분 전
Asian Stocks Extend Gains

Asian Stocks Extend Gains

Asian markets extended gains on Tuesday in the backdrop of renewed optimism around AI-related shares that fueled a rally on Wall Street.
RTTNews | 2 시간 57 분 전
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
RTTNews | 4 시간 9 분 전
Europe Car Sales Increase In November

Europe Car Sales Increase In November

Europe's new car registrations increased for the fifth straight month in November, driven by robust growth in battery electric cars sales, data from the European Automobile Manufacturers' Association, or ACEA, showed Tuesday. Car registrations grew 2.1 percent year-on-year in November but slower that the 5.8 percent rise seen in October.
RTTNews | 5 시간 53 분 전
European Economic News Preview: German Import Price Data Due

European Economic News Preview: German Import Price Data Due

Import prices from Germany and revised GDP data from Spain are the top economic news due on Tuesday. At 2.00 am ET, Destatis is scheduled to issue Germany's import price data. Economists expect import prices to grow 0.2 percent month-on-month in November, the same rate as in October. In the meantime, producer price figures are due from Sweden.
RTTNews | 6 시간 25 분 전
Cautious Optimism Expected In European Markets

Cautious Optimism Expected In European Markets

Stock markets in Europe are expected to trade on a cautiously optimistic note on Tuesday amidst rising geopolitical tensions, Fed rate cut hopes, thin holiday trade as well as mixed reactions to tech valuations.
RTTNews | 7 시간 3 분 전
RBA Minutes: Policymakers Discussed Rate Hike Scenario

RBA Minutes: Policymakers Discussed Rate Hike Scenario

Policymakers of the Reserve Bank of Australia discussed scenarios in which policy tightening may need to be considered, the minutes of the meeting held on December 8 and 9 showed Tuesday. Members became less confident that monetary policy remains restrictive, the minutes showed. Policymakers assessed that inflationary pressures could be a little more persistent than had been previously estimated
RTTNews | 7 시간 7 분 전