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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TSX Ends Modestly Lower
The Canadian market ended weak on Tuesday after data showed a bigger than expected increase in the nation's consumer price inflation in the month of May.
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4h 12phút trước
Singapore Industrial Production Data Due On Wednesday
Singapore will on Wednesday release May figures for industrial output, highlighting a light day for Asia-Pacific economic activity.
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4h 24phút trước
Dollar Recovers Against Some Major Counterparts
The U.S. dollar turned in a fairly positive performance against its major counterparts on Tuesday, riding on some hawkish comments from Fed officials, and the latest data on consumer confidence and home prices.
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4h 55phút trước
U.S. Stocks Close On Mixed Note Again; Technology Stocks Rebound
U.S. stocks closed mixed on Tuesday after a cautious session, as investors looked ahead to the release of some crucial U.S. data, including a report on consumer income and spending, for more clarity about the outlook for Federal Reserve's interest rates.
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5h 21phút trước
Swiss Market Ends Moderately Lower
The Switzerland market ended weak on Tuesday, in line with markets across Europe, with investors awaiting some key economic data from the U.S. for more clues about the outlook for Federal Reserve's interest rate moves.
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8h 48phút trước
European Stocks Close Lower Ahead Of Crucial Economic Data
European stocks closed on a weak note on Tuesday as investors closely followed the political scene and digested some corporate news from the region, besides looking ahead to U.S. consumer income & spending data for clues about the outlook for Federal Reserve's monetary policy moves.
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9h 21phút trước
Canadian Market Drifts Lower After Inflation Data
The Canadian market is down in negative territory Tuesday morning, weighed down by data showing the nation's consumer price inflation unexpectedly increased in May.
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11h 20phút trước
US Consumer Confidence Dips On Weaker Economic Expectations
Consumer confidence in the U.S. eased slightly in June as households' economic expectations eroded, survey data from the Conference Board showed Tuesday. The Conference Board Consumer Confidence Index fell to 100.4 from 101.3 in May. Economists had expected a reading of 100.
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11h 35phút trước
