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DAX Dips As Business Sentiment Worsens

RTTNews | il y a 655

DAX Dips As Business Sentiment Worsens

(RTTNews) - German stocks traded lower on Monday after a survey showed German business sentiment slightly worsened in September.

The Ifo institute said its business climate index stood at 85.7 versus a score of 85.2 forecast by analysts.

The euro edged lower against the dollar after European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau said that interest rates should remain at these levels for a sufficiently long period of time.

ECB President Christine Lagarde is scheduled to testify before the European Commission's Committee on Economic and Monetary Affairs later in the day, with investors looking for more clues to indicate that the eurozone's central bank is done hiking.

The benchmark DAX was down 113 points, or 0.7 percent, at 15,444 after finishing marginally lower on Friday.

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Asian Shares Mostly Lower As Trump Ups Tariff Ante

Asian Shares Mostly Lower As Trump Ups Tariff Ante

Asian shares ended mostly lower in cautious trade on Friday after U.S. President Donald Trump announced a 35 percent tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20 percent on most trading partners that haven't got letters yet.

RTTNews | il y a 18 minutes

Yen Retreats Against Majors

Yen Retreats Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.

RTTNews | il y a 47 minutes

Canadian Dollar Slides As Trump Announces 35% Tariffs On Canadian Imports

Canadian Dollar Slides As Trump Announces 35% Tariffs On Canadian Imports

The Canadian dollar weakened against other major currencies in the Asian session on Friday, as Trump proposed 35 percent tariff on Canadian goods and warned that any fiscal retort from the country will be tacked onto the 35 percent set to take effect Aug. 1.

RTTNews | il y a 1h 0min

Canadian Dollar Slides Against Majors

Canadian Dollar Slides Against Majors

The Canadian dollar weakened against other major currencies in the Asian session on Friday.

RTTNews | il y a 1h 12min

Antipodean Currencies Rise Amid Risk-on Mood

Antipodean Currencies Rise Amid Risk-on Mood

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Friday amid increased risk-on mood by the investors, following the broadly positive cues from Wall Street overnight, as traders hope for an end to the tariff uncertainty after U.S. President Donald Trump confirmed he will not extend the August 1 deadline for striking trade deals, though he continues to threaten higher reciprocal tariffs on various sectors and countries.

RTTNews | il y a 1h 24min

NZ Dollar Advances Against Most Majors

NZ Dollar Advances Against Most Majors

The New Zealand dollar strengthened against most major currencies in the Asian session on Friday.

RTTNews | il y a 2h 6min

Australian Dollar Rises Against Majors

Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Friday.

RTTNews | il y a 2h 9min

European Shares Seen Lower Amid Trump Tariff Jitters

European Shares Seen Lower Amid Trump Tariff Jitters

European stocks are seen opening broadly lower on Friday as U.S. President Donald Trump amped up trade threats, fueling uncertainties around the inflation and growth outlook.

RTTNews | il y a 3h 18min

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