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DAX Gives Up Early Gains
(RTTNews) - German stocks were subdued on Thursday, giving up earlier gains as the euro held gains against the dollar in a shallow market due to the Christmas holidays.
The benchmark DAX was down 15 points at 16,726 after gaining 0.2 percent the previous day on dovish Fed bets.
U.S. holiday retail sales figures came in below expectations, denting sentiment.
Preliminary insights from Mastercard SpendingPulseTM showed that U.S. retail sales increased 3.1 percent over the key holiday shopping season, markedly lower from last year's 7.6 percent rise as higher interest rates and inflation pressured consumer spending.
Economy-sensitive stocks are moving lower, with Commerzbank, Deutsche Bank, BMW, Mercedes Benz and Volkswagen all trading in the red.
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Indian Rupee Rises To 2-week High On GST Reforms Push
The Indian rupee strengthened against the U.S. dollar in the European session on Monday, after Prime Minister Narendra Modi unveiled plans of the biggest tax overhaul since 2017 over the weekend, boosting stocks across sectors like auto, financial, real estate, consumer and cement.
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35 minit yang lalu
Canadian Market May Open Slightly Weak
Lower Canadian and U.S. futures and weak European markets point to a slightly negative start on Bay Street Monday morning. Firm commodity prices might help limit market's downside.
The focus will be on the meeting between U.S. President Donald Trump and several European leaders, including Ukrainian President Volodymyr Zelenskiy later in the day.
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1j 10min yang lalu
FTSE 100 Slips After Positive Start, Down Marginally
After a modest upmove in early trades, the U.K. market retreated on Monday with investors turning cautious, focusing on the upcoming meeting between U.S. President Donald Trump and several European leaders, after the Trump-Putin summit failed to result in any breakthrough to end the war in Ukraine.
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1j 50min yang lalu
DAX Drifts Lower; Financials Stocks Among Major Losers
After four successive days of gains, the French market is exhibiting weakness on Monday as investors make cautious moves, focusing on the meeting between several European leaders and the U.S. President Donald Trump, after the recent Trump-Putin Summit failed to result in any breakthrough to end the war in Ukraine.
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2j 15min yang lalu
DAX Down In Negative Territory In Cautious Trade
German stocks are down in negative territory on Monday with investors focusing on the upcoming meeting between U.S. President Donald Trump and several European leaders, including Ukrainian President Volodymyr Zelenskyy, after the Trump-Putin summit failed to achieve a breakthrough on halting the war in Ukraine.
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2j 34min yang lalu
Sensex, Nifty Rally On GST Reforms Push
Indian shares rose sharply on Monday after Prime Minister Narendra Modi unveiled plans of the biggest tax overhaul since 2017 over the weekend, boosting stocks across sectors like auto, financial, real estate, consumer and cement.
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2j 44min yang lalu
Eurozone Trade Surplus Declines Sharply In June
The euro area trade surplus declined sharply in June as exports remained weak amid a rebound in imports, official data revealed on Monday. The trade balance registered a surplus of EUR 7.0 billion compared to May's surplus of EUR 16.5 billion, Eurostat reported. Compared to last year, the surplus contracted by EUR 13.7 billion from EUR 20.7 billion.
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2j 50min yang lalu
Thai Economic Growth Slows In Q2
Thailand's economy grew at a softer pace in the second quarter largely due to the slowdown in tourist arrivals, official data revealed on Monday. Gross domestic product expanded 2.8 percent year-on-year in the second quarter, slower than the 3.2 percent growth posted in the first quarter, the National Economic and Social Development Council said.
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3j 41min yang lalu
