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European Shares Slide As Inflation Accelerates

European stocks traded lower on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.
RTTNews | 382 days ago
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Tuesday.
RTTNews | 382 days ago
FTSE Edges Lower As Yields Jump On Debt Concerns

FTSE Edges Lower As Yields Jump On Debt Concerns

U.K. stocks traded lower on Tuesday as the 30-year gilt yield hit a 27-year high at 5.680 percent in early trading on rising debt concerns, in a pre-budget blow for chancellor Rachel Reeves.
RTTNews | 382 days ago
Yen Slides Amid BoJ Rate Hike Uncertainty

Yen Slides Amid BoJ Rate Hike Uncertainty

The Japanese yen weakened against other major currencies in the European session on Tuesday, due to the uncertainties surrounding the probable timing of the Bank of Japan's (BoJ) next interest rate hike.
RTTNews | 382 days ago
Asian Shares Give Up Early Gains To End Mixed

Asian Shares Give Up Early Gains To End Mixed

Asian stocks surrendered early gains to end on a mixed note Tuesday as technology stocks succumbed to profit taking in China and Hong Kong after a recent powerful rally on AI optimism.
RTTNews | 382 days ago
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Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the European session on Tuesday.
RTTNews | 382 days ago
European Economic News Preview: Eurozone Flash Inflation Data Due

European Economic News Preview: Eurozone Flash Inflation Data Due

Flash inflation from the euro area and unemployment from Spain are due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, Spain's labor agency is slated to issue unemployment figures for August. The number of unemployed is expected to increase 14,200 after falling 1,400 in July. At 3.30 am ET, revised GDP data is due from Hungary.
RTTNews | 382 days ago
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, adding the losses in the previous two sessions, despite the broadly positive cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,950 level, with weakness in energy and technology stocks.
RTTNews | 382 days ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from European markets and lack of cues from Wall Street overnight, as major currencies in the region strengthened against the US dollar. Traders also cautiously look ahead to upcoming U.S. monthly jobs and inflation data, along with the US Fed's rate decision. Asian markets closed mixed on Monday.
RTTNews | 382 days ago

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