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DAX Extends Losses As Risk Aversion Intensifies
(RTTNews) - German stocks fell notably on Friday, reflecting a risk-averse environment amid concerns over rising bond yields and the escalation of the Israel-Hamas conflict.
U.S. Treasury yields continued to rise in the wake of Fed Chair Jerome Powell's cautious comments on interest rates and President Joe Biden announcement that he would ask Congress for funding to aid Israel.
Israeli defense minister has ordered ground troops to prepare to see Gaza "from the inside", though he didn't indicate when the ground assault would begin.
The benchmark DAX was down 108 points, or 0.7 percent, at 14,936 after declining 0.3 percent in the previous session.
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UK Q3 GDP Growth Confirmed At 0.1%
The UK economy registered a meager growth as initially estimated in the third quarter, the Office for National Statistics said on Monday. Gross domestic product grew by unrevised 0.1 percent sequentially, following the second quarter's 0.2 percent expansion. The growth was driven by increases in services and construction, while industrial output contracted.
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1j 20min yang lalu
Pound Rises After U.K. GDP Data
The British pound strengthened against other major currencies in the European session on Monday, following the release of the U.K. GDP figures in the third quarter of 2025.
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1j 25min yang lalu
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Monday.
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1j 40min yang lalu
Australian Dollar Rises After PBoC Rate Decision
The Australian dollar strengthened against other major currencies in the Asian session on Monday, after China maintained its benchmark interest rates for the seventh straight month, as widely expected.
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1j 44min yang lalu
Sensex, Nifty Up Firmly As Tech, Metal Stocks Rally
Key Indian stock indexes Sensex and the Nifty50 remain firmly placed in positive territory Monday afternoon, holding their early gains intact thanks to sustained buying at several counters, amid rising optimism about more monetary easing by the Federal Reserve, and reacting to some encouraging corporate news.
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1j 55min yang lalu
European Economic News Preview: UK Revised GDP Data Due
Revised GDP from the UK is the top economic news due on Monday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP data for the third quarter. The initial estimate showed that the economy grew 0.1 percent sequentially, following the prior quarter's 0.3 percent expansion.
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3j 38min yang lalu
China Keeps Key Interest Rates Unchanged
China maintained its benchmark interest rates for the seventh straight month, as widely expected, on Monday. The People's Bank of China left its one-year loan prime rate unchanged at 3.0 percent on Monday. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The bank had reduced its both LPRs by quarter points in October 2024.
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4j 9min yang lalu
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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5j 13min yang lalu
