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DAX Marginally Higher Ahead Of Key Inflation And GDP Data

DAX Marginally Higher Ahead Of Key Inflation And GDP Data

German stocks were little changed in cautious trade on Monday as investors awaited inflation and gross domestic product readings from the eurozone for directional cues. Meanwhile, German retail sales registered an unexpected fall in June, figures from Destatis revealed earlier today.
RTTNews | 1149 days ago
Asian Shares Gain On China Stimulus Hopes

Asian Shares Gain On China Stimulus Hopes

Asian stocks advanced on Monday as weak Chinese data spurred hopes of more policy stimulus and the Bank of Japan stepped into the bond market to influence rates.
RTTNews | 1149 days ago
Yen Falls As Asian Shares Traded Higher

Yen Falls As Asian Shares Traded Higher

The Japanese yen weakened against other major currencies in the Asian session on Monday, as investors reacted positively to data showing the U.S. economy grew more than expected in the second quarter, which helped quell fears of an imminent recession.
RTTNews | 1149 days ago
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European Economic News Preview: Eurozone Flash GDP, Inflation Data Due

European Economic News Preview: Eurozone Flash GDP, Inflation Data Due

Flash inflation and quarterly national accounts from the euro area and mortgage approvals from the UK are due on Monday, headlining a busy day for the European economic news. At 2.00 am ET, Germany's statistical office Destatis is scheduled to issue retail sales and import prices for June. Economists forecast retail sales to fall 2.7 percent annually after a 3.6 percent drop in May.
RTTNews | 1149 days ago
FDA Approves OTC Naloxone Nasal Spray RiVive For Opioid Overdose

FDA Approves OTC Naloxone Nasal Spray RiVive For Opioid Overdose

The U.S. Food and Drug Administration approved Harm Reduction Therapeutics' RiVive, 3 milligram naloxone hydrochloride nasal spray for over-the-counter or OTC, nonprescription use for the emergency treatment of known or suspected opioid overdose. The agency's second nonprescription naloxone product approval is expected to help increase consumer access to naloxone without a prescription.
RTTNews | 1149 days ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | 1149 days ago
Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are trading mostly higher on Monday, following the positive cues from global markets on Friday, as traders reacted to data showing the U.S. economy grew more than expected in the second quarter, which helped quell fears of an imminent recession. The data also helped ease concerns about the outlook for interest rates, and raised hopes the Fed will end its tightening cycle soon.
RTTNews | 1149 days ago

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