Advertisement
DAX Dips Ahead Of Key Inflation Data
(RTTNews) - German stocks fell on Thursday amid worries about continued monetary policy tightening by the U.S. Federal Reserve and the European Central Bank.
The benchmark DAX was down 129 points, or 0.8 percent, at 15,176 after losing 0.4 percent lower the previous day.
Travel and tech stocks dipped as Eurozone government bond yields hit multi-year highs ahead of the release of preliminary euro zone data for February due later in the day. Lufthansa fell over 1 percent and Infineon lost 3 percent.
Kion Group AG rose over 1 percent. The manufacturer of materials handling equipment said it expects an increase in revenue and a significant improvement in both adjusted EBIT and return on capital employed in fiscal 2023.
read more
Swiss Market Settles Marginally Up
Despite spending much of the day's trading session in negative territory, the Switzerland market closed marginally higher on Tuesday thanks to some brisk buying in the final minutes.
RTTNews
|
1h 42min ago
European Markets Close On Positive Note
European markets closed on a positive note on Tuesday, as investors shrugged off concerns about tariffs and picked up stocks, amid hopes major European countries will strike trade deals with the U.S. before the newly announced August 1 deadline.
RTTNews
|
2h 4min ago
Strong Jobs Data Limits Dollar's Losses Amidst Fiscal And Tariff Concerns
Data showing an unexpectedly strong payrolls addition curtailed the dollar's losses in a week marked by anxiety about the U.S. fiscal outlook.
RTTNews
|
7h 39min ago
U.S. Small Business Confidence Erodes Slightly In June, Taxes Main Concern - NFIB
Small business sentiment in the U.S. eased slightly in June as uncertainty remains elevated despite easing, and taxes remained a top concern for business owners, survey data from the National Federation of Independent Businesses showed on Tuesday.
RTTNews
|
10h 3min ago
Sensex, Nifty End Modestly Higher As Trump Extends Trade Deal Deadline
Indian shares eked out modest gains on Tuesday as U.S. President Donald Trump delayed imposing higher tariffs on U.S imports and indicated he would make further climbdowns on tariffs.
RTTNews
|
10h 21min ago
UK Stocks Turning In Mixed Performance In Cautious Trade
U.K. stocks are turning in a mixed performance Tuesday morning as investors are treading cautiously, keeping track of U.S. President Donald Trump's tariff plans and the potential risks to global economic growth.
RTTNews
|
10h 40min ago
CAC 40 Slightly Lower In Lackluster Trade
French stocks are slightly lower on Tuesday with investors making cautious moves while closely following the developments on the trade front.
RTTNews
|
11h 27min ago
Australia Central Bank Unexpectedly Maintains Status Quo
The Reserve Bank of Australia adopted a wait-and-see approach on Tuesday, defying expectations for a quarter-point rate cut but confirmed that an easing cycle is coming. The policy board, governed by Michele Bullock, decided to hold the cash rate target at 3.85 percent. A majority of six members voted to hold the rate, while three members sought a change from 3.85 percent.
RTTNews
|
11h 38min ago
