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DAX Recovers After Early Setback
German stocks are recovering from an early setback Tuesday morning with select counters attracting some strong buying interest. The early weakness was due to data showing a contraction in the nation's GDP, and concerns about the potential impact of the Trump administration's tariff moves and U.S. - China tensions on global economic growth.
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178 дней спустя
South Korea Won Falls After BoK's Expected Rate Cut Decision
The South Korean Won weakened against the U.S. dollar in the Asian session on Tuesday, after the Bank of Korea reduced its benchmark rate by a quarter-point as domestic political unrest and trade policies of the US government weighed on domestic demand and economic growth.
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178 дней спустя
European Shares Little Changed In Lackluster Trade; Tech Stocks Underperform
European stocks were little changed on Tuesday as investors fretted about U.S. investment curbs on China and waited for Germany to sort out the formation of its new government.
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178 дней спустя
Asian Shares Retreat On Trade War Concerns
Asian stocks declined on Tuesday as fresh U.S. trade measures against China and President Donald Trump's comments that tariffs on Canada and Mexico 'will go forward' rekindled fears of a global trade war.
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178 дней спустя
German GDP Shrinks On Weaker Exports
The German economy contracted in the fourth quarter, in line with estimate, as the sharp decline in exports offset the improvement in consumption. Gross domestic product declined 0.2 percent from a quarter ago, reversing a 0.1 percent sequential growth in the third quarter, detailed report from Destatis showed on Tuesday. The figures matched the estimate published on January 30.
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178 дней спустя
Europe New Car Registrations Decline In January
Europe's new car registrations declined in January as sales weakened across three major markets, the European Automobile Manufacturers' Association said Tuesday. New car sales decreased 2.6 percent from a year ago, in contrast to the 5.1 percent increase in December. Car registrations declined 6.2 percent in France and by 5.8 percent in Italy. Germany reported a moderate fall of 2.8 percent.
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178 дней спустя
China Maintains Medium-Term Lending Facility Rate
The People's Bank of China conducted one-year medium-term lending facility operations on Tuesday and the interest rate on MLF was kept unchanged. The central bank issued CNY 300 billion of one-year MLF at a rate of 2.0 percent. The interest rate was unchanged from the previous operation.
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178 дней спустя
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European Economics News Preview: Germany GDP Data Due
Revised quarterly national accounts data from Germany is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's revised GDP data. The initial estimate showed that the largest euro area economy contracted 0.2 percent in fourth quarter after expanding 0.1 percent in the preceding quarter.
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178 дней спустя
European Shares Poised To Open Lower On Trump Tariff Concerns
European stocks may drift lower at open on Tuesday after the S&P 500 posted its third consecutive session loss on tariff worries and apprehensions over the artificial intelligence-driven narratives.
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178 дней спустя
Bank Of Korea Cuts Policy Rate By 25 Bps
The Bank of Korea reduced its benchmark rate by a quarter-point on Tuesday as domestic political unrest and trade policies of the US government weighed on domestic demand and economic growth. The monetary policy board, governed by Rhee Chang Yong, decided to lower the Base Rate by 25 basis points to 2.75 percent. The decision matched expectations.
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178 дней спустя
Sensex, Nifty Modestly Higher In Cautious Trade
Indian shares were slightly higher in cautious trade on Tuesday after having suffered heavy losses in the previous session on tariff worries and apprehensions over the artificial intelligence-driven narratives.
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178 дней спустя
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as traders remain concerned about the lingering US tariff threats and uncertainty about the outlook for global economic growth. US President Donald Trump directed a top government committee to limit Chinese investment in energy, technology, and other vital U.S. industries.
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178 дней спустя
Australian Market Maintains Early Losses In Mid-market
The Australian stock market is maintain its early losses in mid-market trading on Tuesday, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness across most sectors led by mining and technology stocks.
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178 дней спустя
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