European Shares Slip Into Red On Rate Hike Worries

RTTNews | 647 일 전

(RTTNews) - European stocks fell on Friday as hawkish comments from Fed, ECB and BoE officials dented hopes that interest rate hikes are finished.

Investors were also reacting to data showing that the U.K. economy failed to grow between July to September but avoided the start of a recession.

GDP was flat in the third quarter for the first time this year, avoiding an expected decline, official data showed.

The pan European STOXX 600 dropped 0.7 percent to 444.49 after gaining 0.8 percent on Thursday.

The German DAX gave up 0.6 percent, France's CAC 40 shed 0.8 percent and the U.K.'s FTSE 100 lost 0.9 percent.

Danish pharmaceutical giant Novo Nordisk rose about 1 percent after it announced plans to invest $6 billion to boost output.

GN Store Nord soared 10.5 percent after posting better-than-expected third-quarter results.

Swiss luxury group Richemont tumbled 5.6 percent after reporting weaker-than-expected earnings.

Lower metal prices weighed on metal stocks, with Anglo American and Antofagasta both falling over 2 percent.

Drinks group Diageo plummeted 12 percent after a warning that growth in operating profits will slow in the first half.

Homebuilder Redrow tumbled 6.4 percent after saying it expects annual profit and revenue to be at the lower end of its forecast range.

SCOR SE, a tier 1 reinsurance company, plunged 9 percent in Paris after quarterly gross written premium declined to 4.87 billion euros from 5.14 billion euros last year.

German insurer Allianz rallied 2.5 percent after confirming its 2023 operating profit target.

Indian Rupee Rises To 2-week High On GST Reforms Push

The Indian rupee strengthened against the U.S. dollar in the European session on Monday, after Prime Minister Narendra Modi unveiled plans of the biggest tax overhaul since 2017 over the weekend, boosting stocks across sectors like auto, financial, real estate, consumer and cement.

RTTNews | 34 분 전

Canadian Market May Open Slightly Weak

Lower Canadian and U.S. futures and weak European markets point to a slightly negative start on Bay Street Monday morning. Firm commodity prices might help limit market's downside. The focus will be on the meeting between U.S. President Donald Trump and several European leaders, including Ukrainian President Volodymyr Zelenskiy later in the day.

RTTNews | 1 시간 10 분 전

FTSE 100 Slips After Positive Start, Down Marginally

After a modest upmove in early trades, the U.K. market retreated on Monday with investors turning cautious, focusing on the upcoming meeting between U.S. President Donald Trump and several European leaders, after the Trump-Putin summit failed to result in any breakthrough to end the war in Ukraine.

RTTNews | 1 시간 50 분 전

DAX Drifts Lower; Financials Stocks Among Major Losers

After four successive days of gains, the French market is exhibiting weakness on Monday as investors make cautious moves, focusing on the meeting between several European leaders and the U.S. President Donald Trump, after the recent Trump-Putin Summit failed to result in any breakthrough to end the war in Ukraine.

RTTNews | 2 시간 15 분 전

DAX Down In Negative Territory In Cautious Trade

German stocks are down in negative territory on Monday with investors focusing on the upcoming meeting between U.S. President Donald Trump and several European leaders, including Ukrainian President Volodymyr Zelenskyy, after the Trump-Putin summit failed to achieve a breakthrough on halting the war in Ukraine.

RTTNews | 2 시간 34 분 전

Sensex, Nifty Rally On GST Reforms Push

Indian shares rose sharply on Monday after Prime Minister Narendra Modi unveiled plans of the biggest tax overhaul since 2017 over the weekend, boosting stocks across sectors like auto, financial, real estate, consumer and cement.

RTTNews | 2 시간 44 분 전

Eurozone Trade Surplus Declines Sharply In June

The euro area trade surplus declined sharply in June as exports remained weak amid a rebound in imports, official data revealed on Monday. The trade balance registered a surplus of EUR 7.0 billion compared to May's surplus of EUR 16.5 billion, Eurostat reported. Compared to last year, the surplus contracted by EUR 13.7 billion from EUR 20.7 billion.

RTTNews | 2 시간 49 분 전

Thai Economic Growth Slows In Q2

Thailand's economy grew at a softer pace in the second quarter largely due to the slowdown in tourist arrivals, official data revealed on Monday. Gross domestic product expanded 2.8 percent year-on-year in the second quarter, slower than the 3.2 percent growth posted in the first quarter, the National Economic and Social Development Council said.

RTTNews | 3 시간 41 분 전

EURUSD	1.16706	GBPUSD	1.35385	AUDUSD	0.65036
USDJPY	147.764	USDCAD	1.37963	USDCHF	0.80792