Advertisement
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.
read more
Canadian Market Modestly Lower; Materials Stocks Decline
Despite the U.S.-European Union agreeing on a trade deal over the weekend, the mood in the market remains cautious.
The market slipped after opening flat Monday morning, and despite staging a recovery subsequently, remains in negative territory, weighed down by losses in materials sector due to weak metal prices.
RTTNews
|
29分钟前
Safe-haven Dollar Drops Amidst Trade Deal With Japan
The Dollar recorded a massive decline during the week ended July 25 amidst the announcement of the trade deal between the U.S. and Japan.
RTTNews
|
1小时45分钟前
Tesla, Samsung Sign $16.54 Bln Chip Deal; Shares Gain
EV major Tesla Inc. and South Korean chip maker Samsung Electronics Co. Ltd. have entered into a contract worth around 22.76 trillion Korean Won or $16.54 billion for semiconductor contract manufacturing. Tesla founder and CEO Elon Musk in a post on the social media platform confirmed that Samsung will be making Tesla's next-generation AI6 chip.
RTTNews
|
2小时39分钟前
Bay Street Likely To Open Higher
Canadian shares may open on a positive note Monday morning following the U.S. and European Union agreeing on a trade deal.
RTTNews
|
3小时56分钟前
FTSE 100 Retreats After Positive Start, Down Marginally
The U.K. market is down slightly a little past noon on Monday, having shed early gains, as investors await a slew of corporate earnings announcements due this week.
Reports about the EU and U.S. arriving at a trade deal lifted sentiment in European markets this morning, but most of the major markets are off early highs with the focus shifting to earnings and economic data.
RTTNews
|
4小时54分钟前
CAC 40 Up Over 0.5% As Trade Tensions Ease
After opening on a firm note, French stocks gave up some gains Monday morning as investors turned a bit cautious, looking ahead to some crucial earnings and economic data due this week.
The positive start came amid easing concerns over tariff as the U.S. and EU arrived at a trade deal over the weekend.
RTTNews
|
5小时14分钟前
DAX Pares Gains After Bright Start
German stocks opened on a firm note Monday morning as trade war concerns eased after the U.S. and the European Union agreed on a trade deal. However, the market pared most of its gains subsequently as investors look ahead to some crucial earnings updates and economic data this week.
RTTNews
|
5小时38分钟前
Sensex Drops 572 Points On Trade Worries; Nifty Closes At 24,680
Indian shares fell notably on Monday as caution prevailed ahead of the U.S. tariff deadline set to take effect later this week.
RTTNews
|
6小时0分钟前
