DAX Slips As Banks Drag

RTTNews | 653 dni temu
Stocktwits
DAX Slips As Banks Drag

(RTTNews) - German stocks declined on Tuesday after data showed China experienced a notable downturn in its trade figures in July.

Closer home, Germany's inflation eased as estimated in July but remained elevated on higher food and energy prices, final data from Destatis revealed.

The consumer price index rose 6.2 percent year-on-year, following a 6.4 percent increase in June. The statistical office confirmed the initial estimate published on July 28.

The benchmark DAX was down 61 points, or 0.4 percent, at 15,889 after ending marginally lower the previous day.

Lender Commerzbank fell nearly 4 percent and Deutsche Bank lost 2.4 percent after the Italian government approved a 40 percent windfall tax on lenders.

Automakers also traded lower, with Volkswagen falling nearly 1 percent on China growth concerns.

Drug and pesticide maker Bayer fell about 1 percent after reporting a net loss of 1.89 billion euros for the second quarter.

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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as US Treasury yields eased on improved US data and comments from a US Fed official that he still sees a path to interest rate cuts later this year. Concerns about the fiscal impact of the US Republican tax cut bill is weighing on the markets. Asian markets ended mostly lower on Thursday.
RTTNews | 37 minut temu
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares are seen opening a tad higher on Friday as U.S. Treasury yields eased on improved U.S. data and comments from a Federal Reserve official that he still sees a path to interest rate cuts later this year.
RTTNews | 1g 0 minut temu
Thai Bourse May Extend Losing Streak

Thai Bourse May Extend Losing Streak

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RTTNews | 1g 36 minut temu
Japanese Market Notably Higher

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RTTNews | 2g 4 minut temu
Indonesia Stock Market May Spin Its Wheels On Friday

Indonesia Stock Market May Spin Its Wheels On Friday

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RTTNews | 2g 6 minut temu
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Friday after opening in the red, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 2g 21 minut temu
Hong Kong Shares Expected To Open To The Downside

Hong Kong Shares Expected To Open To The Downside

The Hong Kong stock market on Thursday ended the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,550-point plateau and it's tipped to open in the red again on Friday.
RTTNews | 2g 21 minut temu
Lower Open Predicted For China Stock Market

Lower Open Predicted For China Stock Market

The China stock market on Thursday ended the three-day winning streak in which it had improved more than 20 points or 0.6 percent. The Shanghai Composite Index now rests just above the 3,380-point plateau and it's looking at another soft start again on Friday.
RTTNews | 2g 36 minut temu
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