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Eurozone Manufacturing Sector Contraction Slows In June
Eurozone manufacturing activity contracted at a slower pace in June as output showed a sustained expansion and total new work stabilized ending a 37-month period of decline, final survey data from S&P Global showed on Tuesday. The HCOB manufacturing Purchasing Managers' Index posted 49.5 in June, up from 49.4 in May. This was the highest score since August 2022.
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1天前
CAC 40 Drifts Lower As Investors Digest Economic Data, Await Tariff Moves
French stocks are exhibiting weakness on Tuesday amid uncertainty about trade negotiations between the U.S. and major nations in Europe and elsewhere ahead of the July 9 deadline for reciprocal tariffs. Investors are also digesting the region economic data, including reports on eurozone inflation and French manufacturing PMI reading.
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1天前
Yen Rises As Japan Tankan Data Adds To BOJ Rate-Hike Prospects
The Japanese yen strengthened against other major currencies in the European session on Tuesday, following the Bank of Japan's Tankan survey indicating that business sentiment among major Japanese firms has improved slightly, which increased the likelihood of additional rate hikes by the Japanese central bank.
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1天前
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Tuesday.
The yen rose to a 6-day high of 168.46 against the euro and an 8-day high of 196.80 against the pound, from early lows of 169.66 and 197.76, respectively.
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1天前
Sensex, Nifty Close Higher After Choppy Session
Indian shares ended on a positive note on Tuesday after a choppy ride as investors tracked the developments on the trade front ahead of a July 9 deadline for Trump administration's reciprocal tariffs.
According to reports, India is on track to finalise an interim trade agreement with the US as soon as this week.
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1天前
Mixed Sentiment In Asian Markets
Sentiment in Asian markets remains mixed amidst uncertainty about U.S. tariffs that kept investor sentiment fragile.
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1天前
DAX Down Nearly 0.5% As Investors Eye Trade Talks
German stocks are down in negative territory on Tuesday with investors digesting the latest batch of regional economic data, and closely following news about negotiations with the U.S. ahead of a July 9 deadline for reciprocal tariffs.
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1天前
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China Manufacturing Activity Returns To Growth
China's manufacturing sector returned to growth in June on higher new orders and a renewed rise in production, survey data from S&P Global showed on Tuesday. The Caixin manufacturing Purchasing Managers' Index rose to 50.4 in June from 48.3 in May. A reading above 50.0 indicates expansion. The survey showed that the growth was driven by a renewed expansion in manufacturing output.
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1天前
U.S. Dollar Extends Fall As Trump's Tax Bill And Tariffs Weigh
The U.S. dollar continued to trade lower against other major currencies in the Asian session on Tuesday, as markets anticipated a vote on U.S. President Donald Trump's historic tax and spending bill.
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1天前
Sensex, Nifty Up Marginally In Cautious Trade
Despite paring some early gains, Indian shares are up in positive territory a little past noon on Tuesday with investors making cautious moves, closely monitoring the developments on the tariff front ahead of the July 9 deadline announced by the Trump administration, and awaiting quarterly earnings updates from big name companies.
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1天前
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Tuesday.
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1天前
UK House Price Inflation Softens In June
UK house prices logged a slower growth in June reflecting weaker demand after the increase in stamp duty at the start of April, data from the Nationwide Building Society showed on Tuesday. House prices advanced 2.1 percent year-on-year in June, slower than the 3.5 percent increase seen in May. House price growth was expected to moderate to 3.3 percent.
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1天前
European Economic News Preview: Eurozone Flash Inflation, Final PMI Due
Flash inflation and final factory Purchasing Managers' survey results from the euro area and unemployment from Germany are top economic news due on Tuesday. At 2.00 am ET, UK Nationwide house price data is due. Economists forecast house prices to grow 3.3 percent on a yearly basis, slower than the 3.5 percent increase in May.
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1天前
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