Advertisement
DAX Declines On China Growth Concerns
(RTTNews) - German stocks traded lower on Wednesday after a private survey showed China's services activity expanded at the slowest pace in five months in June, adding to worries about a faltering post-pandemic recovery in the world's second-largest economy.
Investors also sought direction from the release of minutes from the Federal Reserve's June meeting later in the day and Friday's U.S. nonfarm payrolls report.
The benchmark DAX was down 78 points, or half a percent, at 15,961 after declining 0.3 percent the previous day.
Evotec SE, a drug company, jumped nearly 3 percent. The company announced that its unit Just - Evotec Biologics, Inc. has secured a second contract from the US department of defense for $74 million.
read more
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Friday.
RTTNews
|
13 minit yang lalu
DAX Up Marginally In Cautious Trade Ahead Of Powell's Speech At Jackson Hole
German stocks are up in positive territory on Friday, amid selective buying ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole Symposium later in the day.
RTTNews
|
18 minit yang lalu
European Shares Inch Higher In Cautious Trade
European stocks were flat to slightly higher on Friday ahead of Federal Reserve Chair Jerome Powell's highly anticipated Jackson Hole speech.
RTTNews
|
46 minit yang lalu
Asian Shares Mixed In Cautious Trade Before Powell Speech
Asian stocks turned in a mixed performance on Friday as some strong U.S. economic data and hawkish comments from several Federal Reserve officials prompted traders to reduce their expectations for imminent rate cuts.
RTTNews
|
1j 9min yang lalu
Yen Falls Amid BoJ Uncertainty
The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders speculate uncertainty over the likely timing of the Bank of Japan's (BoJ) next rate hike.
RTTNews
|
4j 9min yang lalu
European Shares Set For Cautious Open Ahead Of Powell Speech
European stocks may open on a cautious note on Friday, with Federal Reserve Chair Jerome Powell's comments at Jackson Hole, Wyoming, likely to be in the spotlight amid an otherwise quiet day on the economic front.
RTTNews
|
4j 13min yang lalu
Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries
Indian shares opened on a weak note on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
RTTNews
|
5j 15min yang lalu
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
5j 25min yang lalu
