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Swiss Franc Slides Against Majors
The Swiss franc weakened against other major currencies in the European session on Tuesday.
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65 days ago
Gold Edges Lower Amid Hormuz Tensions
Gold prices fell toward $4,100 an ounce on Tuesday on the back of firm U.S. yields and a steady dollar.
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65 days ago
DAX Down 0.5% As Middle East Concerns Weigh
The German stock market's benchmark index DAX drifted lower on Tuesday amid weakness in the tech sector and higher oil prices due to concerns about Middle East tensions on reports that a couple of commercial vehicles were struck by Iranian missiles along the Strait of Hormuz late Monday.
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65 days ago
Oil Prices Climb As Hormuz Tensions Return To Haunt
Oil prices rose more than 1 percent on Tuesday after reports suggested that two commercial vessels were struck by Iranian missiles while transiting the Strait of Hormuz late Monday, reigniting Middle East tensions.
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65 days ago
European Shares Mixed In Cautious Trade; Chip Stocks Tumble On Valuation Concerns
European stocks were mixed on Tuesday as investors pulled profits from volatile tech stocks and reports suggested that two commercial vessels were struck by Iranian missiles while transiting the Strait of Hormuz late Monday, reigniting Middle East tensions and pushing oil and bond yields higher.
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65 days ago
Asian Shares Slide On Tech Woes
Asian stocks declined on Tuesday as investors rotated out of AI chip stocks on doubts over the sustainability of the AI boom.
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65 days ago
UK Halifax House Prices Rise For First Time In Four Months
UK house prices grew for the first time in four months in June, a survey by S&P Global conducted for the Lloyds Bank subsidiary Halifax showed Tuesday. House prices increased 0.2 percent a monthly basis in June, offsetting a 0.2 percent fall in May. This marks the first increase in four months and exceeded the forecast of a 0.1 percent rise.
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65 days ago
more news
European Economic News Preview: Germany Industrial Output Data Due
Industrial production from Germany and house prices from the UK are the top economic news due on Tuesday. At 2.00 am ET, Destatis is scheduled to publish Germany's industrial production data for May. Output is expected to grow 0.1 percent month-on-month, following a 0.4 percent rise in April.
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65 days ago
European Shares Seen Flat To Tad Lower At Open
European stocks are seen opening flat to slightly lower on Tuesday as doubts linger over the sustainability of the AI boom.
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65 days ago
Indian Shares Fluctuate In Early Trade
Indian shares were fluctuating in early trade on Tuesday, tracking mixed cues from global markets.
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65 days ago
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Tuesday, adding to the slight losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 index is falling below the 8,800 level, with weakness in gold miners and energy stocks.
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65 days ago
Asian Markets Trade Mostly Lower
Asian stock markets are mostly lower on Tuesday, despite the positive cues from Wall Street overnight, dragged by technology stocks which came under significant selling pressure amid concerns over high valuations in AI-linked companies. Meanwhile, markets scaled back expectations for US Fed rate hikes this month and in September amid easing Middle East tensions and global inflationary pressures.
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65 days ago
Indian Shares Poised For Firmer Open
Indian shares look set to open higher on Tuesday despite mixed cues from global markets.
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66 days ago
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