DAX Marginally Lower In Lackluster Trade

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DAX Marginally Lower In Lackluster Trade

(RTTNews) - German stocks were subdued in lacklustre trade on Tuesday amid concerns that the Israel-Hamas war may spill beyond the Israel-Palestine region.

Heavy shelling was reported near civilian shelters in Gaza despite international messages of caution.

Rising bond yields also weighed on sentiment, with Germany's 10-year bond yield last trading up 2 basis points (bps) at 2.803 percent, tracking higher U.S. Treasury yields. The benchmark DAX was down 9 points at 1,228 after closing 0.3 percent higher in the previous session.

In corporate news, Deutsche Post shares fell 1.3 percent.

DHL Supply Chain, a logistic firm and a division of Deutsche Post announced today that it is planning to invest 350 million euros in Southeast Asia over the next five years to expand its warehousing capacity, workforce, and sustainability initiatives.

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U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May. The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.
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Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.
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CAC 40 Drifts Lower In Cautious Trade

CAC 40 Drifts Lower In Cautious Trade

The French market is down in negative territory Wednesday afternoon, with stocks moving in a narrow range as investors await further details on U.S.-China trade talks, and the crucial inflation data from the U.S. later in the day.
RTTNews | 2h 31minuter sedan
Euro Rises Amid Risk-on Mood

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction. After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
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Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
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Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Indian shares eked out modest gains on Wednesday as markets assessed the outcome of high-level U.S.-China talks and awaited key U.S. inflation readings for additional clues on the Federal Reserve's rate trajectory.
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