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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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Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Monday.
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Pred 17 minútami
Fastenal Q3 Profit Climbs, But Misses Market View; Stock Down
Shares of Fastenal Co. were losing around 4 percent in the pre-market activity on the Nasdaq, after the company's's third-quarter profit missed market estimates, despite a growth. The provider of industrial and construction supplies recorded higher net sales, but inline with the Street view. Price contributed 240 to 270 basis points to growth, which was lower than expected.
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Pred 31 minútami
Dollar Surges As Euro, Yen Plunge
The U.S. Dollar rallied emphatically against major currencies during the week ended October 10 amidst political instability in France and Japan that undermined the euro and the yen.
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Pred 1 h 55 min
FTSE 100 Up Marginally; Miners Rise On Higher Metal Prices
The U.K. market is up marginally in late morning trades on Monday, having eased a bit after a fairly decent upmove at the start. Mining stocks are faring well.
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Pred 2 h 29 min
Sensex, Nifty End Modestly Lower On Sino-US Trade Tensions
Indian shares ended lower on Monday, mirroring weakness in global markets as the U.S. government shutdown entered its third week and trade tensions between the U.S. and China returned to the fore.
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Pred 2 h 41 min
CAC Up Over 0.5% Despite Paring Some Early Gains
French stocks are gaining notable ground in positive territory on Monday amid easing concerns about U.S.-China trade tensions after President Donald Trump softened his stance on a potential 100% tariffs on Chinese goods.
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Pred 2 h 51 min
DAX Up Nearly 0.5% On Easing U.S.-China Trade Tensions
German stocks are up firmly in positive territory on Monday, with investors cheering U.S. President Donald Trump's conciliatory tone on trade with China.
Trump, who previously threatened to slap steep new tariffs on China, said over the weekend that everything would be "fine" and Washington was not looking to "hurt" China.
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Pred 3 h 10 min
China Exports Log Strong Growth Despite Trade Tensions
China's exports and imports logged notable growth in September as the world's second largest economy strengthened its trade ties with other nations amid escalating trade tensions with the US. Exports advanced 8.3 percent year-on-year in September, data from the customs office showed Monday. The annual rate was forecast to rise moderately to 6.0 percent from 4.4 percent in August.
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Pred 3 h 25 min
