DAX Rises As Middle East Tensions Ease
(RTTNews) - German stocks were modestly higher on Monday ahead of a busy week for earnings and economic data releases.
German consumer price inflation data, flash GDP numbers and employment data are due later in the week.
European Central Bank Vice President Luis de Guindos' speech is awaited later in the day, with investors looking for clues on how aggressively the European Central Bank will cut interest rates going forward.
Meanwhile, Middle East tensions eased somewhat after Israel's strikes on Iran had avoided the country's energy infrastructure and Iran's supreme leader Ayatollah Ali Khamenei signaled a measured response.
The benchmark DAX was up 54 points, or 0.3 percent, at 19,517 after rising 0.1 percent on Friday.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the Asian session on Tuesday.
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5h 31min ago
UK Shop Price Deflation Slows: BRC
UK shop prices dropped at a slower pace in November, signalling that shoppers are set to face rising price pressures, the British Retail Consortium revealed on Tuesday. The shop price index declined 0.6 percent on a yearly basis in November, slower than October's 0.8 percent decrease. Food price inflation softened to 1.8 percent from 1.9 percent in October.
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5h 51min ago
European Shares Set To Fall After Trump's New Tariff Threats
European stocks are likely to open lower on Tuesday after U.S. President-elect Donald Trump said on his Truth Social network that he would impose an additional 10 percent tariff on goods from China and 25 percent on all products from Mexico and Canada.
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6h 17min ago
Canadian Dollar Drops Against Majors
The Canadian dollar weakened against other major currencies in the Asian session on Tuesday.
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6h 18min ago
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday.
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6h 42min ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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6h 48min ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, after s US President-elect Donald Trump announced a 10 percent additional tariff on all Chinese goods and a 25 percent tariff on imports from Mexico and Canada, raising concerns over global trade tensions. Asian markets closed mostly higher on Monday.
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8h 32min ago
Sensex, Nifty Set For Weak Start
Indian shares look set to open on a weak note Tuesday after two days of strong gains. That said, a sharp fall in oil prices may help limit the downside.
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9h 3min ago
