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DAX Dips Ahead Of ECB Meeting

RTTNews | 691 hari yang lalu

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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U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.

RTTNews | 27 minit yang lalu

U.S. Trade Deficit Narrows Slightly More Than Expected In June

U.S. Trade Deficit Narrows Slightly More Than Expected In June

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday.

RTTNews | 1j 32min yang lalu

Eurozone Private Sector Continues To Expand

Eurozone Private Sector Continues To Expand

Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.

RTTNews | 1j 34min yang lalu

Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.

RTTNews | 1j 45min yang lalu

FTSE 100 Advances On Upbeat Earnings

FTSE 100 Advances On Upbeat Earnings

The UK market is modestly higher on Tuesday, extending gains from previous session, thanks to some upbeat corporate earnings announcements, and expectations that the Federal Reserve will cut interest rate in the near future to spur economic growth.

RTTNews | 2j 14min yang lalu

Pound Rises As Traders Await BoE Monetary Policy Meeting

Pound Rises As Traders Await BoE Monetary Policy Meeting

The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.

RTTNews | 2j 25min yang lalu

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 | 2j 45min yang lalu

Pound Rises Against Majors

Pound Rises Against Majors

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

RTTNews | 3j 18min yang lalu

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