DAX Edges Higher In Cautious Trade

RTTNews | Pred 953 dňami
DAX Edges Higher In Cautious Trade

(RTTNews) - German stocks rose on Monday, though the upside remained capped after a survey showed the country's economic downturn deepened in October as a result of higher energy costs. The flash S&P Global composite purchasing managers' index slipped to 44.1 from 45.7 in September, the lowest since May 2020, when the country was under a COVID lockdown. The flash services PMI fell to 44.9 from 45.0.

Italian political developments were also in focus after Giorgia Meloni was sworn in as the country's first woman prime minister on Saturday.

The benchmark DAX was up 0.3 percent at 12,763 after declining 0.3 percent on Friday. Travel-related and banking stocks were among the prominent gainers.

Euro zone bond yields fell today amid expectations that central banks might slow the pace of monetary tightening early next year.

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Antipodean Currencies Slide As China Manufacturing Activity Contracts

Antipodean Currencies Slide As China Manufacturing Activity Contracts

The antipodean currencies such as the Australia and the New Zealand dollars weakened against other major currencies in the Asian session on Tuesday, after China's manufacturing activity contracted for the first time in eight months in May as the rise in US trade tariff damped export orders.
RTTNews | Pred 1 h 40 min
China Manufacturing Activity Contracts For First Time In 8 Months

China Manufacturing Activity Contracts For First Time In 8 Months

China's manufacturing activity contracted for the first time in eight months in May as the rise in US trade tariff damped export orders, survey results from S&P Global showed on Tuesday. The Caixin manufacturing Purchasing Managers' Index unexpectedly fell to 48.3 in May, down from 50.4 in April. The score was seen at 50.8.
RTTNews | Pred 2 h 15 min
European Economic News Preview: Eurozone Inflation Data Due

European Economic News Preview: Eurozone Inflation Data Due

Flash inflation and unemployment from the euro area are the top economic news due on Tuesday. At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss inflation data. Consumer prices are forecast to rise 0.2 percent in May compared to no change in April. At 3.00 am ET, unemployment data is due from Spain.
RTTNews | Pred 2 h 30 min
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks may open slightly higher on Tuesday after reports emerged that U.S. President Donald Trump will speak with his Chinese counterpart Xi Jinping -- possibly this week --to address tariff disputes and improve relations.
RTTNews | Pred 2 h 42 min
FSIS Warns Against Not-Ready-To-Eat Ham Croquette Product

FSIS Warns Against Not-Ready-To-Eat Ham Croquette Product

The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert against Croquetas La Mary LLC's frozen not-ready-to-eat ham croquette product citing misbranding and undeclared allergens. The product contains soy and sesame, known allergens, which are not declared on the product label.
RTTNews | Pred 3 h 18 min
Sensex, Nifty Subdued In Early Trade

Sensex, Nifty Subdued In Early Trade

Indian shares were subdued on Tuesday, extending losses for a third straight session amid rising geopolitical and trade tensions.
RTTNews | Pred 4 h 4 min
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,450 level, with gains across most se led by gold miners, technology and financial stocks.
RTTNews | Pred 4 h 57 min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are mostly higher on Tuesday, following the positive cues from Wall Street overnight, as traders reacted to news that the US and China could revive trade talks as soon as this week after US President Donald Trump accused China of violating the trade agreement reached last month. The sharp increase in price of commodities such as gold and crude oil also aided the markets.
RTTNews | Pred 5 h 4 min