European Shares Decline Amid Israel-Iran Tensions

RTTNews | 83 일 전

(RTTNews) - European shares drifted lower on Friday as heightened Middle East tensions offset encouraging inflation data from Germany and France.

Israel launched strikes against Iran, targeting nuclear facilities and ballistic missile factories as part of efforts "to damage Iran's nuclear infrastructure, its ballistic missile factories and military capabilities."

The overnight strikes on the country killed at least three of its senior military leaders. Iran retaliated by launching more than 100 drones toward Israeli territory.

In economic news, Germany's consumer prices logged a steady annual growth in May due to the continued decrease in energy prices, final data from Destatis showed today.

The consumer price index climbed 2.1 percent from a year ago, the same rate of growth as posted in April. The rate matched the flash estimate released on May 30.

Inflation based on the harmonized index of consumer prices softened to 2.1 percent from 2.2 percent in the previous month.

Elsewhere, France's consumer price inflation moderated slightly as initially estimated in May to the lowest level in more than four years amid a slowdown in costs for services and a continued fall in energy prices, the latest data from the statistical office INSEE showed.

The consumer price index rose 0.7 percent on a yearly basis in May, slower than the 0.8 percent stable increase seen in April. That was in line with the flash data published on May 27.

This was the lowest inflation rate since February 2021, when prices had risen 0.6 percent.

The pan European STOXX 600 dropped 0.7 percent to 546.09 after declining 0.3 percent on Thursday.

The German DAX fell 1.2 percent, France's CAC 40 gave up 0.8 percent and the U.K.'s FTSE 100 declined half a percent.

Travel-related stocks slumped, with Lufthansa, easyJet, Wizz Air Holdings and British Airways owner ICAG EasyJet falling 3-5 percent.

Oil & gas giant BP Plc rallied 3 percent and Shell added 1.7 percent as crude prices jumped more than 4 dollars a barrel on supply concerns.

Technology group Ocado tumbled 3 percent after announcing that it has drawn down on a Letter of Credit under its deal with Kroger Co. (KR), for $152 million, issued by the Bank of Nova Scotia.

Oxford Instruments lost 4 percent despite reporting strong results for the fiscal year ended March.

Canadian Market Looks Headed For Another Positive Close

The Canadian market is firmly placed in positive territory Thursday afternoon, thanks largely to a fine performance by several technology stocks, and a few frontline stocks from consumer discretionary, real estate, communications and financials sectors.

RTTNews | 2 시간 14 분 전

Swiss Market Closes On Buoyant Note

The Switzerland market closed on a strong note on Thursday, in line with most of the markets across Europe, amid rising expectations of a rate cut by the Federal Reserve, and easing concerns about tariffs.

RTTNews | 2 시간 49 분 전

European Stocks Close Higher Ahead Of Crucial U.S. Jobs Data

European stocks closed mostly higher on Thursday, with most of the markets in the region gaining for a second straight day amid cooling bond markets. Still, the mood in the markets remained a bit cautious with investors looking ahead to crucial U.S. non-farm payroll data on Friday.

RTTNews | 3 시간 24 분 전

U.S. Services Index Climbs To Six-Month High In August

Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.

RTTNews | 5 시간 51 분 전

U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

A report released by the Labor Department on Thursday showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025. The Labor Department said labor productivity shot up by 3.3 percent in the second quarter compared to the previously reported 2.4 percent jump. Economists had expected the increase in labor productivity to be unrevised.

RTTNews | 6 시간 9 분 전

U.S. Trade Deficit Widens More Than Expected As Imports Spike

With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July. The Commerce Department said the trade deficit shot up to $78.3 billion in July from a revised $59.6 billion in June. Economists had expected the trade deficit to increase to $75.7 billion.

RTTNews | 6 시간 39 분 전

U.S. Jobless Claims Rise More Than Expected To Two-Month High

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th. The Labor Department said initial jobless claims climbed to 237,000, an increase of 8,000 from the previous week's unrevised level of 229,000.

RTTNews | 6 시간 43 분 전

U.S. Private Sector Job Growth Slows More Than Expected In August

A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by less than expected in the month of August. ADP said private sector employment rose by 54,000 jobs in August after jumping by an upwardly revised 106,000 jobs in July. Economists had expected private sector employment to rise by 65,000 jobs.

RTTNews | 7 시간 0 분 전

EURUSD	1.1651	GBPUSD	1.3435	AUDUSD	0.65173
USDJPY	148.502	USDCAD	1.38217	USDCHF	0.80565