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Eurozone Sentix Investor Confidence Weakens Unexpectedly

Eurozone Sentix Investor Confidence Weakens Unexpectedly

Eurozone investor sentiment logged an unexpected sharp deterioration in August, signalling a more pronounced economic slump amid uncertainties surrounding upcoming elections in Germany and the USA and the fragile geopolitical situation in the Middle East. The investor sentiment index fell to a seven-month low of -13.9 in August from -7.3 in July.
RTTNews | Před 142 dny
CAC 40 Tumbles Amid Middle East Tensions

CAC 40 Tumbles Amid Middle East Tensions

French stocks traded sharply lower on Monday amid fears of a possible U.S. recession and concerns over an escalating Middle East conflict, with reports suggesting the Benjamin Netanyahu-led government could sanction a pre-emptive strike on Iran to prevent an attack on Israeli soil.
RTTNews | Před 142 dny
DAX Extends Losses On Economic Worries

DAX Extends Losses On Economic Worries

German stocks fell sharply on Monday to extend losses from the previous session as a global stock market rout intensified on concerns that a U.S. recession might be imminent.
RTTNews | Před 142 dny
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Infineon Q3 Results Drop, Cuts FY24 Revenue Outlook, To Cut Jobs; Stock Up

Infineon Q3 Results Drop, Cuts FY24 Revenue Outlook, To Cut Jobs; Stock Up

German semiconductor maker Infineon Technologies AG on Monday trimmed its fiscal 2024 revenue outlook and maintained margin view after reporting lower profit and revenues in its third quarter amid weak environment. The company further issued sequentially higher revenue and margin outlook for its fourth quarter...
RTTNews | Před 142 dny
Commodity Currencies Slides Amid Risk Aversion

Commodity Currencies Slides Amid Risk Aversion

The Commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Monday amid risk aversion, as traders react to weak U.S. monthly jobs data and recent weak data on U.S. manufacturing activity that stocked fears the world's largest economy could slip into a recession after the U.S. Fed seems to have waited too long to cut interest rates. Markets in Japan, South Korea and Taiwan are plunging more than 5 percent.
RTTNews | Před 143 dny
Indonesia GDP Expands 5.05% In Q2

Indonesia GDP Expands 5.05% In Q2

Indonesia's economy grew slightly above 5.0 percent in the second quarter as the deceleration in government spending growth was offset by household consumption and investment. Gross domestic product grew 5.05 percent on a yearly basis compared to 5.11 percent in the prior quarter, data released by Statistics Indonesia showed Monday. Economists had forecast the economy to grow 5.0 percent.
RTTNews | Před 143 dny
European Economic News Preview: Eurozone Investor Confidence, Final PMI Data Due

European Economic News Preview: Eurozone Investor Confidence, Final PMI Data Due

Sentix investor confidence and final composite Purchasing Managers' survey results from the euro area are due on Monday, headlining a busy day for the European economic news. At 3.00 am ET, Spain's statistical office INE releases industrial production for June. Production had advanced 0.4 percent in May. At 3.15 am ET, services PMI survey results are due from Spain.
RTTNews | Před 143 dny

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