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Germany ZEW Economic Confidence Weakest Since 2011

Germany ZEW Economic Confidence Weakest Since 2011

Germany's economic confidence hit its lowest since late 2011 in July, dampened by concerns about energy supply, the looming interest rate hike and the pandemic-related restrictions in China, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment slumped 25.8 points to -53.8 in July.
RTTNews | 1127 일 전
Dollar General CEO Todd Vasos To Retire; COO Jeffery Owen Named Successor

Dollar General CEO Todd Vasos To Retire; COO Jeffery Owen Named Successor

Dollar General Corp. (DG) announced Tuesday that Chief Executive Officer Todd Vasos has decided to retire from his position, effective November 1, 2022. The Company's Board of Directors also approved the promotion of Jeffery Owen, its Chief Operating Officer since 2019, to succeed Vasos as CEO effective immediately following Vasos's retirement from the CEO role.
RTTNews | 1127 일 전
Sensex, Nifty End Sharply Lower On Risk Aversion

Sensex, Nifty End Sharply Lower On Risk Aversion

Indian shares fell sharply on Tuesday amid heightened risk aversion, as rising COVID case counts in several regions fueled talk of another round of painful lockdowns in China, especially in Shanghai or Beijing.
RTTNews | 1127 일 전
FTSE 100 Drifts Lower On Economic Worries

FTSE 100 Drifts Lower On Economic Worries

U.K. stocks fell on Tuesday and the British pound hit another two-year low on economic worries after data showed retail sales decreased for the third consecutive month in June.
RTTNews | 1127 일 전
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DAX Edges Lower Ahead Of Economic Sentiment Data

DAX Edges Lower Ahead Of Economic Sentiment Data

German stocks declined on Tuesday and the euro sank to within a whisker of parity with the dollar amid worries about the impact of aggressive monetary policy tightening on economic growth.
RTTNews | 1127 일 전
Asian Shares Retreat As Recession Worries Mount

Asian Shares Retreat As Recession Worries Mount

Asian stocks fell broadly on Tuesday as an energy crisis loomed over the euro zone economy and a fresh COVID-19 outbreak in China added to worries about a global economic slowdown.
RTTNews | 1127 일 전
Japanese Yen Climbs Amid Cautious Trade

Japanese Yen Climbs Amid Cautious Trade

The Japanese yen advanced against its most major counterparts in the Asian session on Tuesday, as risk sentiment dampened amid continued worries over the Covid-19 outbreak in China and aggressive monetary policy tightening that risks a recession.
RTTNews | 1127 일 전
European Economics Preview: Germany ZEW Economic Confidence Data Due

European Economics Preview: Germany ZEW Economic Confidence Data Due

Economic confidence data from Germany is the only major report due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, consumer prices from Romania and producer prices from Lithuania are due. Romania's inflation is seen at 15.1 percent in June versus 14.5 percent in May.
RTTNews | 1127 일 전

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