DAX Dips Ahead Of Key Eurozone Data

RTTNews | 1044 ngày trước
DAX Dips Ahead Of Key Eurozone Data

(RTTNews) - German stocks fell on Monday as investors awaited retail sales, the Sentix investor sentiment index and a slew of Services PMI reports from eurozone for directional cues. The benchmark DAX dropped 50 points, or 0.4 percent, to 14,479 after rising 0.3 percent on Friday.

The euro hit a fresh six-month high against the dollar on concerns about a widening policy gap between the U.S. and Europe.

While the Federal Reserve is on track to raise interest rates by 50 bps at its next meeting this month, recent ECB comments suggest that the debate on a 50 bps or 75 bps move in December isn't decided yet.

Among the prominent decliners. Kitchen appliance manufacturer Rational AG slumped 5.5 percent.

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Commodity Currency's Slide Amid US-China Trade Tensions

Commodity Currency's Slide Amid US-China Trade Tensions

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, due to ongoing trade concerns between the United States and China.
RTTNews | 13 phút trước
Apple To Expand Renewable Energy Projects Across Europe

Apple To Expand Renewable Energy Projects Across Europe

Tech major Apple Inc. has unveiled a significant expansion of its renewable energy projects across Europe to boost energy capacity to match the electricity customers use to power its products. The new solar and wind projects, all enabled by Apple, will add 650 megawatts or MW of renewable energy capacity in various European countries, including Greece, Italy, Latvia, Poland, and Romania.
RTTNews | 57 phút trước
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
RTTNews | 1h 0phút trước
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Tuesday.
RTTNews | 1h 7phút trước
Canadian Dollar Drops Against Most Majors

Canadian Dollar Drops Against Most Majors

The Canadian dollar weakened against most major currencies in the Asian session on Tuesday. The Canadian dollar fell to a 6-month low of 1.4055 against the U.S. dollar and a 4-day low of 1.6283 against the euro, from yesterday's closing quotes of 1.4040 and 1.6237, respectively.
RTTNews | 1h 16phút trước
Singapore Retains Monetary Policy As Expected

Singapore Retains Monetary Policy As Expected

Singapore's central bank maintained its monetary policy on Tuesday as economic growth turned out to be stronger than expected, easing concerns about the impact of higher US tariffs. The Monetary Authority of Singapore said it will maintain the prevailing rate of appreciation of the S$NEER policy band and there will be no change to its width and the level at which it is centered.
RTTNews | 2h 1phút trước