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DAX Slips As Uncertainties Mount

RTTNews | 955 dagar sedan

DAX Slips As Uncertainties Mount

(RTTNews) - German stocks fell on Tuesday to extend recent losses amid heightened geopolitical tensions, hawkish Fed comments and news of fresh lockdowns in China.

The benchmark DAX was down 101 points, or 0.8 percent, at 12,172 after finishing marginally lower the previous day.

The leaders of the G7 group of nations will hold a virtual meeting today to discuss offering further support to Ukraine after Moscow launched retaliatory missile strikes that killed 19 people.

German government bond yields held near 11-year highs after reports Chancellor Olaf Scholz was prepared to back European Union-wide joint debt issuance to help the bloc's members tackle the energy crisis.

Longer-term U.S. Treasury yields shot higher after Fed Vice Chair Lael Brainard said the central bank has no intentions of a dovish pivot in the near-term.

China stepped up anti-COVID measures in mega cities to control a spike in new virus cases following a week-long National Day holiday that ended Friday,

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CAC 40 Slips On Weak Consumer Confidence Data

CAC 40 Slips On Weak Consumer Confidence Data

French stocks are drifting lower on Friday, giving up early gains amid cautious moves by investors due to persisting concerns about U.S. fiscal outlook, and continued uncertainty surrounding Trump administration's tariff moves. Data showing a drop in French consumer confidence also weigh on sentiment.

RTTNews | 20 minuter sedan

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Friday.

RTTNews | 29 minuter sedan

DAX Up Marginally After Paring Early Gains

DAX Up Marginally After Paring Early Gains

After moving notably higher in early trades on Friday, German stocks have pared some gains, unable to sustain at higher levels. The upmove came after data showed stronger than expected growth in the nation's gross domestic product in the first quarter.

RTTNews | 39 minuter sedan

Sensex Jumps 769 Points As US Bond Yields Ease; Nifty Tops 24,850

Sensex Jumps 769 Points As US Bond Yields Ease; Nifty Tops 24,850

Indian shares rallied on Friday as U.S. Treasury yields eased from recent highs and oil prices remained depressed on concerns about oversupply stemming from a potential nuclear deal between the U.S. and Iran, and OPEC+ supply hike prospects.

RTTNews | 1h 0minuter sedan

U.S. Dollar Falls Amid Growing U.S. Debt Concerns

U.S. Dollar Falls Amid Growing U.S. Debt Concerns

The U.S. dollar weakened against other major currencies in the European session on Friday, amid concerns about the fiscal impact of the U.S. Republican tax cut bill.

RTTNews | 1h 38minuter sedan

U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the European session on Friday.

RTTNews | 2h 22minuter sedan

European Shares Gain As Investors Cheer Strong Economic Data

European Shares Gain As Investors Cheer Strong Economic Data

European stocks edged higher on Friday after the release of better-than-expected regional data. Retreating bond yields also offered some support.

RTTNews | 2h 26minuter sedan

Asian Shares Mixed In Cautious Trade

Asian Shares Mixed In Cautious Trade

Asian stocks ended mixed on Friday despite a retreat in U.S. Treasury yields and comments from a Federal Reserve official that the U.S. central bank might lower interest rates in 2025 if tariff issues are resolved.

RTTNews | 2h 44minuter sedan

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