DAX Marginally Lower In Lackluster Trade

RTTNews | 671 hari yang lalu
Stocktwits
DAX Marginally Lower In Lackluster Trade

(RTTNews) - German stocks were subdued in lacklustre trade on Tuesday amid concerns that the Israel-Hamas war may spill beyond the Israel-Palestine region.

Heavy shelling was reported near civilian shelters in Gaza despite international messages of caution.

Rising bond yields also weighed on sentiment, with Germany's 10-year bond yield last trading up 2 basis points (bps) at 2.803 percent, tracking higher U.S. Treasury yields. The benchmark DAX was down 9 points at 1,228 after closing 0.3 percent higher in the previous session.

In corporate news, Deutsche Post shares fell 1.3 percent.

DHL Supply Chain, a logistic firm and a division of Deutsche Post announced today that it is planning to invest 350 million euros in Southeast Asia over the next five years to expand its warehousing capacity, workforce, and sustainability initiatives.

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U.S. Dollar Firms Against Majors

U.S. Dollar Firms Against Majors

The U.S. dollar climbed against its major counterparts in the New York session on Monday, as investors monitored talks between President Donald Trump and Ukrainian leader Volodymyr Zelenskyy at the White House.
RTTNews | 1j 19min yang lalu
TSX Down Marginally In Lackluster Trade

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a lackluster performance on Monday as investors closely focusing on the meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy at the White House.
RTTNews | 5j 2min yang lalu
Swiss Market Settles Flat

Swiss Market Settles Flat

After a flat start, the Switzerland market turned weak Monday morning and then spent the rest of the day's trading session in negative territory as investors remained reluctant to pick up stocks as they looked ahead to a meeting between U.S. President Donald Trump and several European leaders to discuss the situation in Ukraine.
RTTNews | 5j 28min yang lalu
European Markets Close On Mixed Note After Cautious Session

European Markets Close On Mixed Note After Cautious Session

European stocks turned in a mixed performance on Monday as investors largely stayed cautious, looking ahead to the meeting between U.S. President Donald Trump and several European leaders, including Ukrainian President Volodymyr Zelenskyy after the Trump-Putin Summit failed to result in any breakthrough to end the war in Ukraine.
RTTNews | 5j 46min yang lalu
Dollar Extends Losses As Markets Cling On To Fed Cut Hopes

Dollar Extends Losses As Markets Cling On To Fed Cut Hopes

The Dollar extended losses during the week ended August 15 amidst strong Fed rate cut expectations, benign consumer price growth, easing geopolitical concerns as well as fading concerns about trade tariff uncertainty.
RTTNews | 8j 28min yang lalu
U.S. Homebuilder Confidence Edges Slightly Lower In August

U.S. Homebuilder Confidence Edges Slightly Lower In August

The National Association of Home Builders released a report on Monday showing a modest deterioration by U.S. homebuilder confidence in the month of August. The report said the NAHB/Wells Fargo Housing Market Index edged down to 32 in August after inching up to 33 in July. Economists had expected the index to come in unchanged.
RTTNews | 8j 40min yang lalu
Indian Rupee Rises To 2-week High On GST Reforms Push

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.
RTTNews | 10j 26min yang lalu
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