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Eurozone Economic Confidence Hits 6-Month Low

Eurozone Economic Confidence Hits 6-Month Low

Adding to concerns over growth prospects, euro area economic sentiment deteriorated to the lowest in six months in May reflecting lower confidence in industry, services and retail trade. The economic sentiment index fell to 96.5 from 99.0 in April, survey results from the European Commission showed Tuesday. This was the lowest reading since November and also below economists' forecast of 98.9.
RTTNews | Pred 729 dňami
Swiss Economy Rebounds In Q1

Swiss Economy Rebounds In Q1

The Swiss economy rebounded at a faster-than-expected pace at the start of the year on robust domestic demand, government data showed on Tuesday. Gross domestic product grew 0.3 percent sequentially in the first quarter after stagnating in the fourth quarter of 2022, the State Secretariat for Economic Affairs, or SECO, reported. The rate also exceeded economists' forecast of 0.1 percent.
RTTNews | Pred 729 dňami
FTSE 100 Dips In Cautious Trade

FTSE 100 Dips In Cautious Trade

U.K. stocks started the week on a cautious note as investors waited for the passage of the U.S. debt ceiling deal before June 5.
RTTNews | Pred 729 dňami
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CAC 40 Slides On China Growth Concerns

CAC 40 Slides On China Growth Concerns

French stocks traded lower on Tuesday amid growing doubts about the strength of China's post-Covid recovery and signs of increasing tensions between Washington and Beijing.
RTTNews | Pred 729 dňami
DAX Inches Higher In Cautious Trade

DAX Inches Higher In Cautious Trade

German stocks were slightly higher on Tuesday after Republican South Dakota Representative Dusty Johnson downplayed the conservative opposition to the debt ceiling deal.
RTTNews | Pred 729 dňami
Asian Shares Mixed On China Recovery Concerns

Asian Shares Mixed On China Recovery Concerns

Asian stocks ended mixed on Tuesday, as concerns that China's economic recovery is losing steam and signs of rising tensions between Washington and Beijing offset investor optimism over the agreement of a deal to raise the U.S. debt ceiling and avert default in the world's largest economy.
RTTNews | Pred 729 dňami
Commodity Currencies Slide

Commodity Currencies Slide

Commodity currencies such as the Australia, the New Zealand and the Canadian dollars weakened against their major rivals in the Asian session on Tuesday, as most Asian stock markets traded lower, following the lack of cues from global markets overnight due to holiday in most markets, as traders turned to booking profits after the recent rally in some markets.
RTTNews | Pred 729 dňami
European Economic News Preview: Eurozone Economic Sentiment Due

European Economic News Preview: Eurozone Economic Sentiment Due

Economic confidence and monetary aggregates from the euro area are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, final quarterly national accounts and foreign trade figures are due from Sweden. The initial estimates showed that the economy logged a sequential growth of 0.2 percent in the first quarter, reversing a 0.5 percent fall in the fourth quarter.
RTTNews | Pred 729 dňami

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