Advertisement
DAX Edges Higher In Cautious Trade
(RTTNews) - German stocks edged up slightly on Monday after a brutal sell-off last week on concerns over rising inflation and slowing global growth.
German producer price inflation rose to a fresh record high in May, driven by energy prices, data from Destatis showed earlier today.
Producer prices logged a double-digit growth of 33.6 percent year-on-year in May, following April's 33.5 percent increase. The rate was forecast to grow again by 33.5 percent.
On a monthly basis, producer prices gained 1.6 percent after rising 2.8 percent in April. Economists had forecast prices to climb 1.5 percent.
The benchmark DAX rose 47 points, or 0.4 percent, to 13,173 after rising 0.7 percent on Friday.
read more
U.S. Factory Orders Pull Back Sharply In June
After reporting a substantial increase by new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Monday showing factory orders pulled back sharply in the month of June. The Commerce Department said factory orders dove by 4.8 percent in June after soaring by an upwardly revised 8.3 percent in May.
RTTNews
|
2小时17分钟前
Weak Jobs Data Limits Dollar's Rebound
A smaller-than expected addition to non-farm payrolls curtailed the dollar's rally fueled by a hawkish Fed stance, higher-than-expected PCE-inflation readings, as well as anxiety ahead of the U.S.-China trade talks and the looming trade tariff deadline.
RTTNews
|
2小时19分钟前
Eurozone Investor Sentiment Weakens Unexpectedly
Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.
RTTNews
|
3小时38分钟前
Bay Street Seen Opening On Cautious Note
Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.
RTTNews
|
3小时45分钟前
FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%
The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.
RTTNews
|
4小时37分钟前
Indian Rupee Falls To 4-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.
RTTNews
|
4小时59分钟前
CAC Moderately Higher As Stocks Recover From Recent Setback
The French stock market is up firmly in positive territory on Monday with several counters from across various sectors attracting buyers after last week's decline following a sweeping tariff announcement from U.S. President Donald Trump.
RTTNews
|
5小时5分钟前
DAX Up 1.1% As Stocks Rebound From Recent Losses
German stocks are up firmly in positive territory on Monday, recovering well from recent losses, as investors look past last week's tariff announcement from U.S. President Donald Trump and focusing on recent earnings.
RTTNews
|
5小时23分钟前
