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DAX Inches Higher Ahead Of Business Confidence Data
(RTTNews) - German stocks rose on Monday after Chinese policymakers pledged to fine-tune COVID controls and boost the country's ailing property market.
In economic releases, investors await producer price inflation data for November and business sentiment survey results later in the day for further direction.
The ifo Institute's business sentiment index is forecast to rise to 87.4 from 86.3 in the previous month.
The benchmark DAX was up 73 points, or half a percent, at 13,966 after losing 0.7 percent on Friday.
Banks traded mixed, with Deutsche Bank rising more than 1 percent while Commerzbank shares were marginally lower.
Freenet AG jumped nearly 4 percent after Deutsche Bank raised its rating on the stock.
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Canadian Dollar Eases Against Most Majors
The Canadian dollar retreated against its most major counterparts in the New York session on Friday.
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7 h 53 min atrás
Swiss Market Ends Sharply Lower
The Switzerland market closed weak on Friday, tracking weak global cues after U.S. President Donald Trump's latest tariff moves raised fears of a global trade war.
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12 h 4 min atrás
European Stocks Close Weak As Trade War Fears Hurt Sentiment
European stocks closed lower on Friday as trade war fears resurfaced after U.S. President Donald Trump announced a 35% tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20% on most trading partners.
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12 h 21 min atrás
Canadian Market Remains Weak On Tariff Concerns
After a weak start and a subsequent drop to lower levels, the Canadian market continues to languish in negative territory a little past noon on Friday. The mood is cautious amid escalating trade war fears following U.S. President Donald Trump announced a 35% tariff on all non-USMCA Canadian imports, effective August 1.
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13 h 0 min atrás
Bay Street Likely To Open Lower
Canadian shares look headed for a weak start on Friday due to trade war concerns, although fairly firm crude oil and bullion prices may help limit the market's downside. Data showing an increase in Canadian employment in the month of June and a drop in the unemployment rate may also aid sentiment a bit.
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16 h 43 min atrás
Pound Falls As U.K. Economy Contracts For Second Straight Month
The British pound weakened against other major currencies in the European session on Friday, as the UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in achieving her self-imposed borrowing rules.
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16 h 50 min atrás
Wall Street Likely To Open On Weak Note
Lower futures and escalating fears of a global trade war point to a weak start for U.S. stocks Friday morning.
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17 h 9 min atrás
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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17 h 13 min atrás
