European Economic News Preview: UK Labor Market Data Due

UK Mortgage Approvals Fall To 32-Month Low

UK mortgage approvals declined to a 32-month low in August amid higher borrowing costs, while consumer credit reached a record high, data from the Bank of England showed Tuesday. Net mortgage approvals for house purchases, an indicator of future borrowing, fell unexpectedly to 54,918 in August from 55,928 in the previous month.

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Mixed Sentiment In Asian Markets

Mixed sentiment prevailed in Asian markets on Tuesday tracking the negative sentiment in Wall Street on Monday. Market mood was impacted by worries about a broad slowdown in AI development. Markets also digested the rate hike by Reserve Bank of Australia. Renewed diplomatic push to end the Middle East crisis, the decline in crude oil prices and the easing in bond yields capped losses.

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Sensex, Nifty Come Off Early Lows, But Close Weak For 2nd Straight Session

Indian shares closed weak on Tuesday, extending recent losses, amid concerns about inflation due to elevated oil prices. Sustained selling by foreign portfolio investors weighed as well on stocks.

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FTSE 100 Modestly Higher As Miners, Pharma Stocks Move Up

The U.K. stock market's benchmark index FTSE 100 climbed higher on Tuesday, led by gains in mining and pharmaceuticals sectors even as the mood remained somewhat cautious amid a lack of progress in U.S.-Iran negotiations to reopen the Strait of Hormuz.

RTTNews | 1 jam 17 menit yang lalu

U.S. Dollar Rises Amid Fed Rate Hike Speculation

The U.S. dollar strengthened against most major currencies in the European session on Tuesday, as traders anticipate that the Federal Reserve (Fed) will raise interest rates twice more this year.

RTTNews | 1 jam 39 menit yang lalu

CAC 40 Up Marginally; Legrand Rises Over 7%

Despite higher oil prices and bond yields, France's equity benchmark CAC 40 edged marginally higher Tuesday morning thanks to strong buying at select counters, including Legrand and STMicroelectronics.

RTTNews | 2 jam 6 menit yang lalu

U.S. Dollar Rises Against Most Majors

The U.S. dollar strengthened against other major currencies in the European session on Tuesday.

RTTNews | 2 jam 12 menit yang lalu

Australia Lifts Interest Rate To 4.60%; Highest Since Late 2011

The Reserve Bank of Australia raised its benchmark rate by a quarter-point on Tuesday, taking it to a 15-year high level, as risks to inflation materialized amid geopolitical tensions. The policy board, governed by Michele Bullock, unanimously decided to raise the cash rate target to 4.60 percent, the highest level since late 2011. The decision came in line with expectations.

RTTNews | 2 jam 13 menit yang lalu

EURUSD	1.13564	GBPUSD	1.32486
USDJPY	157.056	USDCAD	1.41775