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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Australia Consumer Sentiment Rises In June: Westpac
Australia consumer confidence improved in June but remained firmly in the negative zone largely due to concerns about inflation, growth and interest rate outlook, survey data from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index rose to 83.6 in June from 82.2 in May.
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4s 29 dakika önce
Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Tuesday.
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5s 10 dakika önce
European Economic News Preview: Spain Final GDP Data Due
Revised quarterly national accounts data from Spain is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Sweden is slated to issue producer prices for May. Prices had increased 0.9 percent annually in April.
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5s 36 dakika önce
Novo Nordisk Plans $4.1 Bln NC Facility To Boost Obesity Drug Supply
Danish drug maker Novo Nordisk announced its plans to invest $4.1 billion or about 27 billion Danish kroner to build a new manufacturing plant in Clayton, North Carolina with a view to expanding its manufacturing capacity in the United States. In the new plant, the company plans to produce current and future injectable treatments for people with obesity and other serious chronic diseases.
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5s 41 dakika önce
European Shares Likely To Open On Tepid Note Amid Political Jitters
European stocks are seen opening broadly lower on Tuesday, with investor focus likely to be on the regional politics rather than economic updates.
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5s 52 dakika önce
Sensex, Nifty Modestly Higher In Early Trade
Indian shares eked out modest gains on Tuesday despite mixed cues from global markets and concerns over rising oil prices.
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7s 20 dakika önce
Asian Markets Mostly Higher Amid Cautious Trades
Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, as traders seemed cautious and reluctant to make significant moves ahead of some crucial economic data, including a report on US personal income & spending due later in the week. They also await comments from US Fed officials for additional clues on the outlook for interest rates.
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8s 13 dakika önce
Sensex, Nifty Seen Tad Higher As India Records Current Account Surplus
Indian shares may open on a positive note Tuesday after RBI data showed India's current account balance recorded a surplus of $5.7 billion, or 0.6 percent of GDP in the January-March 2024 quarter, driven by a lower merchandise trade deficit.
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9s 6 dakika önce
