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DAX Dips Ahead Of Key Eurozone Data
(RTTNews) - German stocks fell on Monday as investors awaited retail sales, the Sentix investor sentiment index and a slew of Services PMI reports from eurozone for directional cues. The benchmark DAX dropped 50 points, or 0.4 percent, to 14,479 after rising 0.3 percent on Friday.
The euro hit a fresh six-month high against the dollar on concerns about a widening policy gap between the U.S. and Europe.
While the Federal Reserve is on track to raise interest rates by 50 bps at its next meeting this month, recent ECB comments suggest that the debate on a 50 bps or 75 bps move in December isn't decided yet.
Among the prominent decliners. Kitchen appliance manufacturer Rational AG slumped 5.5 percent.
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DAX Up Sharply As Investors React Positively To Earnings
German stocks are up sharply on Thursday, with investors shrugging tariff concerns and going on a buying spree across the board, focusing mostly on earnings. A report showing a growth in the nation's exports in the quarter ended June is aiding sentiment, somewhat outweighing the data showing a sharp drop in industrial output in the month fof June.
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Pred 30 minútami
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Thursday.
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Pred 40 minútami
German Industrial Output Declines Most In 11 Months
Germany's industrial production logged its biggest fall in nearly a year in June, data from Destatis revealed on Thursday. Industrial output decreased 1.9 percent on a monthly basis in June, worse than the economists' forecast of 0.4 percent drop. This was the biggest fall since July 2024.Production for May was revised down from the initially estimated 1.2 percent increase.
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Pred 52 minútami
Indian Rupee Rises To 3-day High Against U.S. Dollar
The Indian rupee strengthened against the U.S. dollar in the Asian session on Thursday, as the monetary policy outlook from the Reserve Bank of India (RBI) helped the Indian currency amid rising trade tensions with the United States (US).
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Pred 1 h 6 min
Sensex, Nifty End Marginally Higher After Early Losses
Indian shares reversed early losses to end on a flat note Thursday. A cautious undertone prevailed after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.
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Pred 1 h 15 min
European Shares Mostly Higher Before BoE Rate Decision
European stocks were mostly higher on Thursday, with U.K. markets underperforming ahead of the Bank of England's interest-rate decision.
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Pred 2 h 19 min
Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk appetite by the investors, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the U.S. Fed cutting interest rates as early as September based on the recent economic data from the U.S.
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Pred 2 h 43 min
Asian Shares End Mostly Higher As Trump's New Tariffs Go Into Effect
Asian stocks advanced on Thursday as U.S. President Donald Trump's sweeping new tariffs take effect against dozens of countries.
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Pred 2 h 56 min
