European Shares Tumble On Tariff Worries; Auto And Tech Stocks Worst Hit

Stellantis Changes Management, Structure; Searching For CEO; Stock Dips

Stellantis N.V. Monday announced a further shake-up in its management and structure following the ouster of Chief Executive Officer Carlos Tavares in December amid different views about the auto major. The company said the process to appoint a new permanent Chief Executive Officer is well underway, expected within the first half of 2025.

RTTNews | 5j 24min yang lalu

Trade War Escalation Lifts The Dollar

Trump's tariff threats rattled currency markets during the week ended January 31, lifting the Dollar against most major currencies.

RTTNews | 6j 0min yang lalu

UK Manufacturing Downturn Continues In January

The UK manufacturing activity continued to contract in January, albeit at a slower pace, due to weak demand, low confidence and rising costs, final survey results from S&P Global showed on Monday. The final manufacturing Purchasing Managers' Index rose to 48.3 in January from an 11-month low of 47.0 in December. The reading was marginally above the flash score of 48.2.

RTTNews | 6j 44min yang lalu

Bay Street Likely To Open With Negative Gap

Canadian shares look headed for a gap down start Monday morning with the imposition of 25% tariffs by the Trump Administration on Canadian imports raising fears of a long trade war.

RTTNews | 7j 36min yang lalu

Eurozone Inflation Rises Modestly In January

Eurozone inflation edged up in January due to the acceleration in energy price growth but the intended easing path of the European Central Bank is unlikely to be influenced by the modest increase. Inflation in the euro area increased to 2.5 percent in January, while it was expected to remain at December's rate of 2.4 percent.

RTTNews | 7j 52min yang lalu

FTSE 100 Down Sharply As Trump's Tariff Move Triggers Sell-off

U.K. stocks are down in negative territory Monday morning, in line with other major markets in Europe, amid concerns about the impact of the punitive tariffs by the Trump Administration on Mexico, Canada and China.

RTTNews | 8j 37min yang lalu

U.S. Dollar Rises Amid Heightened Trade Tensions

The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as investors flock to safe-haven fleets amid the global trade war.

RTTNews | 9j 7min yang lalu

CAC 40 Falls Nearly 2% On Widespread Selling

French stocks opened with a negative gap Monday morning and shed further ground before recovering a bit with a few counters attracting modest buying activity. The levy by the Trump administration has raised fears of a potential trade war and concerns about global economic outlook.

RTTNews | 9j 13min yang lalu

EURUSD	1.0253	GBPUSD	1.23508	AUDUSD	0.61517
USDJPY	154.485	USDCAD	1.46698	USDCHF	0.91604