DAX Falls On Growth Worries

RTTNews | Pred 1128 dňami
Stocktwits
DAX Falls On Growth Worries

(RTTNews) - German stocks were moving lower on Tuesday after a survey showed the country's services sector grew at its slowest pace in five months in June, accompanied by a slight dip in manufacturing output.

The downside remained capped after reports that U.S. President Joe Biden was contemplating rolling back some tariffs on Chinese imports, and that Chinese Vice Premier Liu He had a "constructive" virtual dialogue with U.S. Treasury Secretary Janet Yellen.

The benchmark DAX dropped 100 points, or 0.8 percent, to 12,673 after declining 0.3 percent on Monday.

Online food-delivery service Delivery Hero SE rallied 2.4 percent. The company said it has successfully taken all closing actions for the transaction in relation to GlovoApp23 S.A.

Deutsche Post DHL fell about 1 percent. The package delivery and supply chain management company said that its division, DHL eCommerce Solutions, is investing 560 million euros across its UK ecommerce operation- DHL Parcel UK.

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FTSE 100 Modestly Higher; Hiscox Soars 9%

FTSE 100 Modestly Higher; Hiscox Soars 9%

U.K. stocks are turning in a mixed performance on Wednesday with investors digesting corporate earnings announcements, and continuing to assess the economic impact of the Trump administration's tariffs that are set to become effective this week.
RTTNews | Pred 29 minútami
CAC 40 Up In Positive Territory In Cautious Trade

CAC 40 Up In Positive Territory In Cautious Trade

The French market is modestly higher on Wednesday with corporate earnings announcements providing some direction. Despite data showing a sharp drop in French construction sector activity, and fresh concerns about tariffs following U.S. President Donald Trump's fresh tariff threat, the mood is a bit positive amid hopes the Fed will cut interest rate next month.
RTTNews | Pred 1 h 0 min
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | Pred 1 h 3 min
Sensex, Nifty End Slightly Lower As RBI Hits Pause

Sensex, Nifty End Slightly Lower As RBI Hits Pause

Indian shares ended modestly lower on Wednesday after U.S. President Donald Trump said that he would increase the tariffs charged on Indian imports "very substantially" over the next 24 hours because of India's continued purchases of Russian oil.
RTTNews | Pred 1 h 11 min
DAX Modestly Higher As Investors React To Earnings

DAX Modestly Higher As Investors React To Earnings

Despite disappointing factory orders data, and U.S. President Donald Trump's threat that he would impose tariffs on pharma and chips, German stocks are gaining some ground in positive territory on Wednesday. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
RTTNews | Pred 1 h 54 min
Commodity Currencies Rise Amid Risk-Appetite

Commodity Currencies Rise Amid Risk-Appetite

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major peers in the Asian session on Wednesday, as Asian markets traded higher after Trump hailed his "good relationship" with his Chinese counterpart Xi Jinping, adding that a deal with China was taking shape.
RTTNews | Pred 1 h 57 min
Downturn In UK Construction Activity Deepens

Downturn In UK Construction Activity Deepens

The UK construction sector downturn deepened in July as volumes of work carried out across all sectors decreased markedly, survey results from S&P Global showed on Wednesday. The headline construction Purchasing Managers' Index fell to 44.3 in July from 48.8 in June. The score signaled the sharpest contraction since May 2020.
RTTNews | Pred 2 h 21 min
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