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French Inflation Eases More Than Forecast

PARIS (dpa-AFX) - France's consumer price inflation slowed more than expected in June due to the sharp slowdown in prices of energy, provisional data from the statistical office INSEE showed Tuesday.The consumer price index posted an annual increase of 1.8 percent in June, following May's 2.4 perce…

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Economy
dpa_afx

CAC 40 Climbs 0.5% On Lower Oil Prices, Soft Inflation Data

BRUSSELS (dpa-AFX) - French stocks gained some ground in positive territory on Tuesday, as investors continue to follow the latest developments with regard to US-Iran peace talks, and the European Central Bank's annual Sintra Forum.Lower oil prices, data showing a slowdown in inflation, and hopes t…

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Economyindex

DAX Rises Over 1%; Siemens Energy, Infineon Among Top Gainers

BRUSSELS (dpa-AFX) - German stocks moved higher on Tuesday with renewed optimism surrounding Artificial Intelligence triggering some buying in the technology sector.Data showing an unexpected increase in Germany's retail sales, lower oil prices and hopes that the European Central Bank will not hike…

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indexStocks DE

Uber, Alphabet's Waymo End Robotaxi Pilot In Phoenix

WASHINGTON (dpa-AFX) - Ride-hailing major Uber Technologies, Inc. (UBER) and Alphabet Inc.'s (GOOG, GOOGL) robotaxi service Waymo have ended their self-driving partnership in Phoenix, Arizona, media reported.Uber is said to be preparing to launch a new autonomous vehicle collaboration in the city.W…

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Stocks US
NEWS dpa_afx

Swiss KOF Leading Indicator Rises In June

BRUSSELS (dpa-AFX) - A measure signaling future turning points in the Swiss economy improved to the strongest level in four months, results of a survey by the KOF Swiss Economic Institute showed Tuesday.The economic barometer rose to 101.2 in June from a revised 98.6 in May. Moreover, it remained a…

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Economy
dpa_afx

European Shares Surge As Tech Stocks Rally On AI Optimism

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks were moving higher on Tuesday as technology stocks rebounded amid renewed optimism surrounding AI.Meanwhile, with oil prices moving back to pre-war levels, markets remain hopeful that the European Central Bank (ECB) will not raise interest rates…

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index
NEWS dpa_afx

Germany Retail Sales Recover In May

BRUSSELS (dpa-AFX) - Germany's retail sales recovered unexpectedly in May, official data showed Tuesday.Real retail sales increased 1.1 percent on a monthly basis in May, reversing a 0.4 percent drop in April, Destatis reported. Sales were forecast to remain flat.Sales in the food sector grew 1.1 p…

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Economy

dpa-AFX Overview: Analyst recommendations on U.K. stocks

FRANKFURT (dpa-AFX) - The following investment banks issued recommendationson U.K. stocks this morning as follows:Analyst recommendations in the dpa-AFX International ProFeed on 30.06.2026 -11.00 am- CITIGROUP CUTS EASYJET TO 'NEUTRAL' - PRICE TARGET 580 PENCE- DEUTSCHE BANK RESEARCH CUTS ASTON MAR…

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Stocks GB
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Asian Shares Mostly Higher As Tech Stocks Rebound

CANBERA (dpa-AFX) - Asian stocks rose broadly on Tuesday as investors watched for a possible resumption of U.S.-Iran talks in Qatar to resolve differences over Strait of Hormuz and asset releases.However, Iran's foreign ministry spokesperson, Esmaeil Baghaei said U.S. officials' trip to Doha had no…

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index
NEWS dpa_afx

Finland Economic Output Grows 2.8% In May

HELSINKI (dpa-AFX) - Finland's economic output expanded at a faster pace in May, data from Statistics Finland showed on Tuesday.Output of the national economy rose a working-day-adjusted 2.8 percent year-over-year in May, following a 2.4 percent growth in April, which was revised upwardly from 0.9…

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Economy
NEWS dpa_afx

Australian Dollar Falls Following RBA Meeting Minutes, China's PMI Data

CANBERA (dpa-AFX) - The Australian dollar weakened against other major currencies in the Asian session on Tuesday, following the release of the Reserve Bank of Australia's (RBA) most recent meeting minutes and significant Purchasing Managers' Index (PMI) data from China.According to the minutes of…

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Forex
NEWS dpa_afx

Japan Housing Starts Surge 33.9%

TOKYO (dpa-AFX) - Japan's housing starts increased at a faster than expected pace in May, data from the Ministry of Land, Infrastructure, Transport, and Tourism showed on Tuesday.Housing starts grew 33.9 percent yearly in May, much faster than the 11.4 percent recovery in April. The expected growth…

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Economy
NEWS dpa_afx

UK GDP Growth Confirmed At 0.6%

LONDON (dpa-AFX) - The UK economy expanded as initially estimated in the first quarter, primarily driven by services activity, final data from the Office for National Statistics showed Tuesday.Gross domestic product grew 0.6 percent sequentially in the first quarter, following a revised 0.1 percent…

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Economy
NEWS dpa_afx

Australian Dollar Falls Against Majors

CANBERA (dpa-AFX) - The Australian dollar weakened against other major currencies in the Asian session on Tuesday.The Australian dollar fell to nearly a 3-month low of 0.6865 against the U.S. dollar and a 2-1/2-month low of 1.6619 against the euro, from yesterday's closing quotes of 0.6882 and 1.65…

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Forex