European Markets Close On Weak Note Ahead Of Fed, BoE Policy Decisions

RTTNews | 6 hari yang lalu
European Markets Close On Weak Note Ahead Of Fed, BoE Policy Decisions

(RTTNews) - European markets closed notably lower on Tuesday as investors, digesting a slew of economic data from the region, remained reluctant to pick up stocks ahead of Federal Reserve's interest rate decision due on Wednesday.

The Bank of England's policy announcement is due on Thursday. The Fed is widely expected to lower interest rate by 25 basis points, while the BoE is likely to leave its interest rate unchanged.

The pan European Stoxx 600 fell 1.09%. The U.K.'s FTSE 100 ended down 0.8%, Germany's DAX closed down by 1.78% and France's CAC 40 lost 1.02%, while Switzerland's SMI ended 1.03% down.

Among other markets in Europe, Belgium, Czech Republic, Finland, Greece, Ireland, Netherlands, Norway, Poland, Portugal, Russia, Spain and Sweden ended with sharp to moderate losses.

Denmark and Turkiye closed weak, while Iceland ended flat.

In the UK market, Haleon closed 4.8% down. WPP, Easyjet, Prudential, Barclays, Coca-Cola HBC, Natwest Group, Aviva, Phoenix Group Holdings, ICG, Standard Chartered, St. James's Place, Legal & General and Centrica lost 2 to 3.5%.

Fresnillo climbed more than 2%. Sainsbury (J), Croda International, Glencore, Mondi, Kingfisher, Informa and Associated British Foods also closed with notable gains.

Anglo American Plc moved modestly higher. The mining giant has signed a definitive agreement with Codelco to coordinate operations at Los Bronces and Andina in Chile.

Online review platform Trustpilot moved up sharply after delivering both top-line growth and improved profitability in the first half of 2025 and launching a new share buyback program.

In the German market, Commerzbank, Deutsche Bank, Hannover Rueck, Munich RE, Beiersdorf, Allianz, Heidelberg Materials, Bayer and Symrise lost 2 to 4.1%.

Puma rallied nearly 3%. Fresenius Medical Care gained about 1.5%, while Fresenius posted a modest gain.

In the French market, Societe Generale ended lower by about 3.6%. L'Oreal closed nearly 3% down, while Bouygues, Schneider Electric, Engie, AXA, Credit Agricole, Thales, Airbus, Safran, Veolia Environment, Legrand and Saint Gobain ended lower by 1.5 to 2.3%.

Kering climbed more than 3%. Capgemini, EssilorLuxottica and Dassault Systemes gained 1 to 1.7%.

On the economic front, the ZEW Indicator of Economic Sentiment for Germany increased to 37.3 in September 2025 from 34.7 in August, beating forecasts of 26.3. Meanwhile, the current conditions gauge declined for a second consecutive month to -76.4 from -68.6, worse than market expectations of -75.

Industrial production in the Euro Area inched higher by 0.3% from the previous month in July, after a revised 0.6% drop in the earlier period. Compared to a year ago, industrial output grew by 1.8% in July, picking up from the 0.7% increase in June.

The ZEW Indicator of Economic Sentiment for the Euro Area rose by 1 point from the prior month to 26.1 in September, above market estimates of 20.3. In September. The Indicator of the current economic situation increased by 2.4 points to -28.8 and inflation expectations went up by 3.3 points to -3.4.

Data from the Office for National Statistics showed the UK jobless rate remained unchanged and average earnings growth slowed in the three months to July.

The unemployment rate was at 4.7% in the three months to July, unchanged from the previous period.

Average earnings excluding bonuses increased 4.8% in May to July, which was down from 5% in the previous three-month period and matched expectations.

In August, payroll employment decreased 127,000 from the previous year and by 8,000 from the previous month to 30.3 million. The number of vacancies fell 10,000 sequentially to 728,000, in June to August, data showed.

read more
Malaysia Stock Market May See Additional Support On Tuesday

Malaysia Stock Market May See Additional Support On Tuesday

The Malaysia stock market on Monday ended the two-day slide in which it had fallen almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau and it may add to its winnings on Tuesday. The global forecast for the Asian markets continued to be mildly positive on optimism over the outlook for interest rates. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference. The KLCI finished slightly higher on Monday following gains from the financial shares, losses from the telecoms and a mixed picture from the plantation stocks. For the day, the index rose 5.11 points or 0.32 percent to finish at 1,603.34 after trading between 1,596.46 and 1,604.31. Among the actives, 99 Speed Mart Retail sank 0.76 percent, while AMMB Holdings jumped 1.26 percent, Axiata plunged 2.95 percent, Celcomdigi slumped 1.06 percent, CIMB Group strengthened 1.11 percent, Gamuda surged 3.08 percent, IHH Healthcare and Maybank both added 0.41 percent, IOI Corporation eased 0.26 percent, Kuala Lumpur Kepong lost 0.50 percent, Maxis was down 0.27 percent, MISC dropped 0.93 percent, MRDIY soared 1.91 percent, Nestle Malaysia spiked 1.88 percent, Petronas Chemicals increased 0.45 percent, Petronas Dagangan plummeted 3.04 percent, Petronas Gas retreated 1.08 percent, PPB Group slipped 0.39 percent, Press Metal shed 0.53 percent, Public Bank improved 0.71 percent, QL Resources tanked 2.05 percent, RHB Bank collected 0.61 percent, Sime Darby stumbled 2.33 percent, SD Guthrie advanced 0.95 percent, Sunway rallied 1.86 percent, Telekom Malaysia fell 0.42 percent, Tenaga Nasional rose 0.30 percent, YTL Corporation gained 0.37 percent and YTL Power climbed 0.96 percent. The lead from Wall Street is mildly positive as the major averages opened in the red on Monday but quickly bounced higher and continued to trend that way throughout the session, ending near daily highs.
RTTNews | 19 minit yang lalu
KOSPI May Extend Its Gains On Tuesday

KOSPI May Extend Its Gains On Tuesday

The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the 11-day winning streak in which it had surged more than 300 points or 9.6 percent. Now at a fresh record closing high, the KOSPI sits just beneath the 3,470-point plateau and it may tick higher again on Tuesday. The global forecast for the Asian markets continued to be mildly positive on optimism over the outlook for interest rates. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference. The KOSPI finished modestly higher on Monday following gains from the automobile producers and mixed performances from the financial shares, chemicals and technology stocks. For the day, the index added 23.41 points or 0.68 percent to finish at 3,468.65 after trading between 3,458.87 and 3,482.25. Volume was 280.84 million shares worth 11.84 trillion won. There were 545 decliners and 332 gainers. Among the actives, Shinhan Financial fell 0.43 percent, while KB Financial collected 0.34 percent, Hana Financial dipped 0.33 percent, Samsung Electronics surged 4.77 percent, Samsung SDI rallied 2.82 percent, LG Electronics improved 0.76 percent, SK Hynix shed 0.57 percent, Naver sank 0.85 percent, LG Chem jumped 1.69 percent, Lotte Chemical lost 0.76 percent, SK Innovation perked 0.19 percent, POSCO Holdings dropped 0.88 percent, SK Telecom slumped 0.72 percent, KEPCO advanced 0.98 percent, Hyundai Mobis strengthened 1.46 percent, Hyundai Motor accelerated 1.87 percent and Kia Motors rose 0.30 percent.
RTTNews | 49 minit yang lalu
U.S. Dollar Declines Amid Rate Cut Hopes

U.S. Dollar Declines Amid Rate Cut Hopes

The U.S. dollar weakened against its major counterparts in the New York session on Monday, amid growing expectations of future rate cuts from the Federal Reserve.
RTTNews | 1j 16min yang lalu
Singapore Inflation Data Due On Tuesday

Singapore Inflation Data Due On Tuesday

Singapore will on Tuesday release August numbers for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In July, overall inflation was down 0.5 percent on month and up 0.6 percent on year, while core CPI rose an annual 0.5 percent,
RTTNews | 1j 49min yang lalu
Swiss Market Settles Marginally Up

Swiss Market Settles Marginally Up

The Switzerland market ended marginally up on Monday, despite struggling a bit early on in the session, and then for a few minutes in the final hour.
RTTNews | 5j 57min yang lalu
European Stocks Close Mostly Lower After Cautious Session

European Stocks Close Mostly Lower After Cautious Session

European stocks closed mostly weak on Monday amid geopolitical tensions, and the Trump administration's announcement of sweeping changes to the H-1B visa regime. Profit warnings by a few major auto companies weighed as well.
RTTNews | 6j 22min yang lalu
TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again

TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again

After moving to a new record high thanks to strong buying in the materials sector, the Canadian market remains fairly well placed in positive territory a little past noon on Monday. Amid geopolitical tensions and rising bets on more monetary easing by the Federal Reserve this year, gold and silver prices have risen sharply today, triggering hectic buying in the materials sector.
RTTNews | 7j 34min yang lalu
Kirkland Signature Ahi Tuna Wasabi Poke Sold At Costco Recalled

Kirkland Signature Ahi Tuna Wasabi Poke Sold At Costco Recalled

Western United Fish Co., dba Annasea Foods Group, is recalling around 3,300 pounds of Kirkland Signature Ahi Tuna Wasabi Poke sold at Costco stores due to potential contamination with Listeria monocytogenes, according to the U.S. Food and Drug Administration.
RTTNews | 11j 24min yang lalu