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DAX Rises As US Futures Gain
(RTTNews) - German stocks advanced on Tuesday as investors waited for U.S. markets to resume trading after a holiday the previous day.
U.S. stock futures pointed to a sharply higher open later in the day, helping underpin sentiment ahead of Fed Chair Jerome Powell's testimony before Congress over two days. The benchmark DAX jumped 150 points, or 1.1 percent, to 13,415 after climbing 1.1 percent the previous day.
Nordex AG, a wind turbine maker, fell over 2 percent after its first-quarter consolidated net loss stood at 150.5 million euros, wider than prior year's loss of 54.7 million euros.
Mercedes-Benz Group AG gained 2.3 percent after it appointed Paul Gao to the newly created position of Chief Strategy Officer, effective July 1, 2022.
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Yen Rises Amid BoJ Rate Hike Speculation
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.
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11 นาทีที่ผ่านมา
Sensex, Nifty End Modestly Lower After Trump's Tariff Threat
Indian shares ended Tuesday's session lower after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
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29 นาทีที่ผ่านมา
European Shares Rise Amid Fed Rate Cut Hopes, Earnings Deluge
European stocks advanced on Monday as investors digested a slew of earnings updates and held onto hopes that the U.S. Federal Reserve may soon pivot to monetary easing.
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1 ชม. 29 นาทีที่ผ่านมา
Asian Shares Extend Gains Amid Fed Rate Cut Hopes
Asian stocks rose for a second consecutive session on Tuesday after a Federal Reserve official said the time is nearing for rate cuts.
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2 ชม. 10 นาทีที่ผ่านมา
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
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2 ชม. 19 นาทีที่ผ่านมา
Indonesia GDP Growth Fastest In 2 Years
Indonesia's economic growth accelerated the most in two years in the second quarter driven by household spending and investment, official data showed Tuesday. Gross domestic product expanded 5.12 percent year-on-year in the second quarter, following an annual growth of 4.87 percent seen in the first quarter. The latest expansion was the fastest since the second quarter of 2023.
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3 ชม. 33 นาทีที่ผ่านมา
China Services Growth Fastest Since May 2024
China's services activity expanded at the fastest pace in more than a year in July on rising inflows of new business, purchasing managers' survey data from S&P Global showed on Tuesday. The headline general services business activity index rose to 52.6 in July from 50.6 in June. The index extended the current period of growth to just over two-and-a-half years. Moreover, the index suggested that t
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4 ชม. 45 นาทีที่ผ่านมา
European Economic News Preview: Eurozone Final Composite PMI Data Due
Composite Purchasing Managers' survey results from the euro area and other major euro area economies are due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes industrial output data for June. Production is forecast to grow 0.8 percent on a monthly basis, in contrast to the 0.5 percent fall in May. At 3.00 am ET, Spain's INE publishes industrial output data for June.
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5 ชม. 9 นาทีที่ผ่านมา
