DAX Slips As Investors Await US Inflation Data
(RTTNews) - German stocks traded slightly lower on Monday as investors digested mixed inflation data from China and awaited U.S. inflation data due later this week for directional cues.
The benchmark DAX was down 25 points, or 0.1 percent, at 18,748 after rising half a percent on Friday.
IT company Q.beyond rose 1.4 percent after narrowing its Q1 loss and confirming 2024 outlook.
Adesso SE slumped 4.5 percent. The IT services provider reported that its first-quarter consolidated loss was 3.30 million euros, compared to prior year's profit of 2.02 million euros.
Ceconomy added nearly 2 percent after the electronics retailer said it expects adjusted earnings for fiscal 2024 to be above analysts' expectations.
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Sensex Surpasses 78k; Nifty Tops 23,700 Led By Private Banks
Indian shares hit fresh record highs on Tuesday, with private banks leading the surge.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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Amazon's 10th Prime Day Event On July 16 - 17
Prime Day, Amazon's biggest deal event is back for the 10th year, on July 16 and 17, to offer millions of exclusive deals for Prime Members. Along with the United States, the Prime Day deals will be available in many countries worldwide. Prime members can start preparing now for Prime Day, with deal alerts, invite-only deals, and personalized deal notifications.
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European Shares Edge Lower Ahead Of French Snap Elections
European stocks fell in cautious trade on Tuesday, a day after French President Emmanuel Macron warned that a victory for the far left or the far right in this month's snap election could spark "civil war."
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FTSE 100 Slightly Lower In Cautious Trade; Energy Stocks Climb
U.K. stocks edged lower on Tuesday even as higher crude prices lifted energy stocks.
Investors looked ahead to the release of key economic data this week that could sway expectations on the path of U.S. and U.K. interest rates.
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CAC 40 Declines On Political Uncertainty
French stocks declined on Tuesday, with investor focus firmly on the first round of French parliamentary elections scheduled for June 30.
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DAX Tumbles After Macron's 'Civil War" Warning
German stocks fell sharply on Tuesday amid considerably political instability on the continent.
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Asian Shares Mostly Higher As Commodity, Auto Stocks Surge
Asian stocks recovered from an early slide to end mostly higher on Tuesday after China's Premier Li Qiang said the country is capable of achieving the full year growth target of around 5 percent.
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