DAX Dips On Mixed Earnings

RTTNews | 769 hari yang lalu
DAX Dips On Mixed Earnings

(RTTNews) - German stocks edged lower on Wednesday as investors digested mixed earnings and looked ahead to the FOMC interest-rate decision for clues on the path of future rate hikes this year.

The benchmark DAX was down 69 points, or 0.4 percent, at 16,142 after closing 0.1 percent higher the previous day.

Utility RWE rallied 2.4 percent after raising its full-year earnings forecast.

Sportswear retailer PUMA jumped 2.5 percent after reporting 11 percent growth in second-quarter sales.

Aircraft engine maker MTU Aero Engines fell more than 1 percent after a warning that the Geared Turbofan inspection program will cause headwinds for its free cash flow.

Lender Deutsche Bank dropped 1.4 percent after reporting a decline in second-quarter earnings.

read more
European Shares Slide As Inflation Accelerates

European Shares Slide As Inflation Accelerates

European stocks traded lower on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.
RTTNews | 13 minit yang lalu
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Tuesday.
RTTNews | 21 minit yang lalu
FTSE Edges Lower As Yields Jump On Debt Concerns

FTSE Edges Lower As Yields Jump On Debt Concerns

U.K. stocks traded lower on Tuesday as the 30-year gilt yield hit a 27-year high at 5.680 percent in early trading on rising debt concerns, in a pre-budget blow for chancellor Rachel Reeves.
RTTNews | 32 minit yang lalu
Yen Slides Amid BoJ Rate Hike Uncertainty

Yen Slides Amid BoJ Rate Hike Uncertainty

The Japanese yen weakened against other major currencies in the European session on Tuesday, due to the uncertainties surrounding the probable timing of the Bank of Japan's (BoJ) next interest rate hike.
RTTNews | 1j 11min yang lalu
Asian Shares Give Up Early Gains To End Mixed

Asian Shares Give Up Early Gains To End Mixed

Asian stocks surrendered early gains to end on a mixed note Tuesday as technology stocks succumbed to profit taking in China and Hong Kong after a recent powerful rally on AI optimism.
RTTNews | 1j 17min yang lalu
Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the European session on Tuesday.
RTTNews | 2j 7min yang lalu