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DAX Dips Ahead Of ECB Meeting

RTTNews | 691 days ago

DAX Dips Ahead Of ECB Meeting

(RTTNews) - German stocks fell in cautious trade on Thursday ahead of the ECB rate decision due later in the day.

The benchmark DAX was down 50 points, or 0.3 percent, at 15,603 after losing 0.4 percent in the previous session.

Thyssenkrupp fell 1.7 percent after an announcement that the conglomerate would reorganize its portfolio and combine business units with key technologies useful for the decarbonization of industry.

Nordex SE, a turbine manufacturer, jumped nearly 4 percent after it obtained an order from renewable energy company, BayWa r.e to supply and install 24 N163/5.X turbines from the Delta4000 series in Spain.

Automakers BMW, Mercedes Benz and Volkswagen all fell around 2 percent after Beijing blasted the launch of a probe by the European Commission into China's electric vehicle (EV) subsidies as protectionist.

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CAC 40 Modestly Higher

CAC 40 Modestly Higher

The French stock market is modestly higher Tuesday afternoon with investors mostly reacting to earnings updates and a mixed batch of regional economic data. Expectations of a rate cut by the Federal Reserve sometime soon aid sentiment a bit.

RTTNews | 29 minutes ago

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.

RTTNews | 1h 2min ago

DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings

DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings

German stocks are up in positive territory on Tuesday, gaining for a second straight session, as investors continue to focus on earnings and other corporate news, even while continuing to follow the developments on the trade front ahead of new tariffs that come into force later in the week.

RTTNews | 1h 3min ago

Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.

RTTNews | 1h 15min ago

Sensex, Nifty End Modestly Lower After Trump's Tariff Threat

Sensex, Nifty End Modestly Lower After Trump's Tariff Threat

Indian shares ended Tuesday's session lower after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.

RTTNews | 1h 33min ago

European Shares Rise Amid Fed Rate Cut Hopes, Earnings Deluge

European Shares Rise Amid Fed Rate Cut Hopes, Earnings Deluge

European stocks advanced on Monday as investors digested a slew of earnings updates and held onto hopes that the U.S. Federal Reserve may soon pivot to monetary easing.

RTTNews | 2h 33min ago

Asian Shares Extend Gains Amid Fed Rate Cut Hopes

Asian Shares Extend Gains Amid Fed Rate Cut Hopes

Asian stocks rose for a second consecutive session on Tuesday after a Federal Reserve official said the time is nearing for rate cuts.

RTTNews | 3h 14min ago

Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.

RTTNews | 3h 23min ago

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