European Shares Mixed Ahead Of Busy Week

RTTNews | 575天前

(RTTNews) - European shares traded mixed on Monday after notching two-year highs in the previous session, thanks to some upbeat quarterly earnings and signs of cooling inflation in the euro area.

The pan European STOXX 600 was marginally higher at 484.31 ahead of a slew of economic data releases, mega tech earnings and key central bank decisions in the U.S. and U.K. due this week.

Readings on Chinese factory activity, U.S. monthly jobs and preliminary euro zone growth for the fourth quarter also remain on investors' radar.

The German DAX dropped 0.4 percent, while France's CAC 40 edged up 0.1 percent and the U.K.'s FTSE 100 was up 0.3 percent.

In corporate news, Swiss building materials firm Holcim soared 4.3 percent as it announced plans to spin off its North American operations in a flotation.

Iron ore pellet producer Ferrexpo fell 2.6 percent after a Ukraine's court of appeal has confirmed a claim against it for around $125m.

Budget airline Ryanair lost 2 percent after trimming its annual profit forecast for the year to the end of March.

Philips shares slumped 5 percent. The Dutch medical device maker said it would halt new sales of sleep machines in the U.S. after a series of recalls that continued to weigh on results.

Bayer was down 4.8 percent. The German pharmaceutical giant was ordered by a U.S. court to pay $2.25 billion in damages to a former Roundup user.

Satellite company Eutelsat plummeted 16 percent after cutting its annual revenue guidance.

Sensex, Nifty Deep In The Red On Tariff Worries

Indian shares opened on a sluggish note on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | 37分钟前

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 1小时51分钟前

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 2小时12分钟前

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 2小时42分钟前

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3小时23分钟前

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 3小时50分钟前

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3小时53分钟前

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 4小时8分钟前

EURUSD	1.16303	GBPUSD	1.34545	AUDUSD	0.64795
USDJPY	147.85	USDCAD	1.38543	USDCHF	0.80572