DAX Dips On BoJ Policy Shift
(RTTNews) - German stocks fell sharply on Tuesday after the Bank of Japan expanded its 10-year Japanese government bond yield target band - raising fears of an eventual tightening in policy.
Hawkish comments on interest rates from former Federal Reserve official William Dudley also fueled worries about a worldwide recession.
The benchmark DAX dropped 143 points, or 1.0 percent, to 13,799 after gaining 0.4 percent in the previous session. Klöckner fell about 1 percent. The steel and metal company has agreed to acquire National Material of Mexico for US$340 million on a cash and debt free basis.
Pfeiffer Vacuum, a manufacturer of vacuum pumps, rose over 1 percent after raising its FY sales outlook.
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Canadian Dollar Advances Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Tuesday.
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5घंटे 35 मिनट पहले
European Shares Seen Opening Up After Trump's Tariff Delay
European stocks may open on a firm note Tuesday after U.S. President Donald Trump struck deals to delay 25 percent import taxes on Canada and Mexico for 30 days, helping avert a trade war for now.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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Sensex, Nifty Open Higher As Tariff Worries Ease
Indian shares were sharply higher in early trade on Tuesday and the rupee opened higher after U.S. President Donald Trump delayed tariffs on Mexico and Canada for a month, and said he'd hold further talks with China.
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Asian Markets A Sea Of Green
Asian stock markets a sea of green on Tuesday, despite the negative cues from Wall Street overnight, as traders react positively to US President Donald Trump's latest decision to delay imposing planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the US Fed to keep interest rates on hold for longer.
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Australian Market Trims Early Gains In Mid-market
The Australian market is trimming its gains in mid-market trading on Tuesday, reversing the losses in the previous session, despite the negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is above the 8,400 level, with gains across most sectors led by mining and technology stocks, after US President Donald Trump delayed the imposition of tariffs on major U.S. trading partners.
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Sensex, Nifty May Recover On Tariff Reprieves
Indian shares look set to open on a positive note Tuesday as investors react to the latest tariff developments and monitor foreign fund flows.
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