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DAX Extends Losses On Risk-off Mood

RTTNews | 145 дней спустя

DAX Extends Losses On Risk-off Mood

(RTTNews) - German stocks fell on Friday to extend losses from the previous session as risk-off mood prevailed amid fears that the U.S. Federal Reserve has left it too late to begin cutting interest rates and risks damaging the world's largest economy.

The benchmark DAX was down 198 points, or 1.1 percent at 17,884 after tumbling 2.3 percent in the previous session.

Tech stocks were coming under selling pressure, with Infineon Technologies tumbling 3.6 percent after U.S. chipmaker Intel said it would cut more than 15 percent of its workforce in a desperate cost-cutting bid.

Heavyweight banks Commerzbank and Deutsche Bank fell 1.4 percent and 1.6 percent respectively.

In the auto sector, BMW, Mercedes Benz and Volkswagen all were down around 1 percent.

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Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.

RTTNews | 12ч 57мин назад

Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.

RTTNews | 13ч 32мин назад

Canadian Dollar Rises As Crude Oil Prices Traded Higher

Canadian Dollar Rises As Crude Oil Prices Traded Higher

The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday, as the crude oil prices moved higher on expectations the Chinese government will announce additional stimulus revive growth in the world's second largest economy.

RTTNews | 13ч 57мин назад

Canadian Dollar Rises Against Majors

Canadian Dollar Rises Against Majors

The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday. The Canadian dollar rose to more than a 4-1/2-month high of 0.8943 against the Australian dollar, from yesterday's closing value of 0.8955.

RTTNews | 16ч 31мин назад

Japan Leading Index Data Due On Wednesday

Japan Leading Index Data Due On Wednesday

Japan will on Wednesday see October results for its leading and coincident indexes, highlighting a light day for Asia-Pacific economic activity.

RTTNews | 22ч 37мин назад

TSX Ends Shortened Session On Firm Note

TSX Ends Shortened Session On Firm Note

The Canadian market ended the shortened trading session on Tuesday modestly higher thanks to gains in energy and technology sectors. The volume of business remained rather thin as investors refrained from making significant moves ahead of Christmas and Boxing Day holidays.

RTTNews | 1 дней спустя

Swiss Franc Weakens Against Most Majors

Swiss Franc Weakens Against Most Majors

The Swiss franc declined against its most major counterparts in the New York session on Tuesday.

RTTNews | 1 дней спустя

Pound Climbs Against Majors

Pound Climbs Against Majors

The pound rose against its major counterparts in the New York session on Tuesday.

RTTNews | 1 дней спустя

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