DAX Marginally Lower; Lagarde Speech Eyed

RTTNews | 617 dias atrás
DAX Marginally Lower; Lagarde Speech Eyed

(RTTNews) - German stocks were little changed in cautious trade on Monday as investors awaited comments from European Central Bank's President Christine Lagarde on monetary policy before a committee of European Parliament.

She is expected to give an assessment on the region's monetary policy ahead of Euro zone's flash inflation estimates and manufacturing data for November due later in the week.

The benchmark DAX was marginally lower at 16,028 after falling around 0.2 percent on Friday.

Banks Commerzbank and Deutsche Bank were flat to slightly higher while automakers BMW, Mercedes Benz and Volkswagen were seeing modest losses.

Asian markets ended broadly lower earlier today following disappointing industrial profits data from China.

U.S. stock futures traded lower ahead of a busy week of economic data releases and speeches from Federal Reserve officials, including Fed Chair Jerome Powell.

read more
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
RTTNews | 32 minutos atrás
Indonesia GDP Growth Fastest In 2 Years

Indonesia GDP Growth Fastest In 2 Years

Indonesia's economic growth accelerated the most in two years in the second quarter driven by household spending and investment, official data showed Tuesday. Gross domestic product expanded 5.12 percent year-on-year in the second quarter, following an annual growth of 4.87 percent seen in the first quarter. The latest expansion was the fastest since the second quarter of 2023.
RTTNews | 1 h 46 min atrás
China Services Growth Fastest Since May 2024

China Services Growth Fastest Since May 2024

China's services activity expanded at the fastest pace in more than a year in July on rising inflows of new business, purchasing managers' survey data from S&P Global showed on Tuesday. The headline general services business activity index rose to 52.6 in July from 50.6 in June. The index extended the current period of growth to just over two-and-a-half years. Moreover, the index suggested that t
RTTNews | 2 h 57 min atrás
European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Composite Purchasing Managers' survey results from the euro area and other major euro area economies are due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes industrial output data for June. Production is forecast to grow 0.8 percent on a monthly basis, in contrast to the 0.5 percent fall in May. At 3.00 am ET, Spain's INE publishes industrial output data for June.
RTTNews | 3 h 21 min atrás
European Shares Set To Open On Firm Note

European Shares Set To Open On Firm Note

European stocks are seen opening higher on Tuesday as investors await the next batch of earnings and any new developments on the trade front.
RTTNews | 3 h 26 min atrás
Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat

Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat

Indian shares opened on a sluggish note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
RTTNews | 4 h 27 min atrás
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market trading on Tuesday, adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,750 level, with gains across all sectors led by mining, energy and technology stocks.
RTTNews | 5 h 32 min atrás