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DAX Down 1.7% As Stocks Tumble On Rising Tariff Concerns

India, Aug. 1 -- German stocks are down sharply on Friday due to heavy selling across the board amid rising trade tensions following U.S. President Donald Trump announcing sharply higher tariffs on do... Read More


Gold Headed For Weekly Loss As Dollar Climbs On Tariff Jitters

India, Aug. 1 -- Gold prices edged up slightly on Friday but headed for a weekly loss due to pressure from a stronger dollar. Spot gold edged up by 0.2 percent to $3,295.59 per ounce in European trad... Read More


Tariff Jitters Rattle Markets

India, Aug. 1 -- Global market sentiment was rattled following steep tariffs imposed by the U.S. on several of its trading partners. Anxiety ahead of the monthly jobs data from the U.S. as well as dis... Read More


Oil Headed For Weekly Gain After US Tariff Threats

India, Aug. 1 -- Oil prices fell slightly on Friday but headed for a weekly gain following U.S. President Donald Trump's warnings to China and India of penalties on their ongoing purchases of Russian ... Read More


Eurozone Inflation Stable At 2.0%

India, Aug. 1 -- Eurozone inflation remained stable at the European Central Bank's 2 percent target in July, data from Eurostat showed on Friday. The harmonized index of consumer prices increased 2.0... Read More


European Shares Slide On Tariff Worries; Pharma Stocks Slump

India, Aug. 1 -- European stocks fell sharply to hit three-week lows on Friday as investors assessed the potential economic impact of fresh U.S. levies on dozens of countries, including a 39 percent r... Read More


U.S. Dollar Falls As Weak Jobs Data Lifts Rate Cut Hopes

India, Aug. 1 -- The U.S. dollar weakened against its major counterparts in the New York session on Friday, as weaker-than-expected jobs data for July strengthened expectations of a Fed rate cut in Se... Read More


Asian Shares Retreat As Trump Unveils New Tariffs

India, Aug. 1 -- Asian stocks fell on Friday as higher U.S. tariffs kicked in and a private survey showed Chinese manufacturing activity returned to contractionary territory in July as a result of sof... Read More


New Tariffs, Weak Jobs Data Leads To Sell-Off On Wall Street

India, Aug. 1 -- Following the downturn seen over the course of Thursday's session, stocks showed a more substantial move to the downside during trading on Friday. The major averages all moved sharply... Read More


Canadian Stocks Decline As New US Tariffs Kick In August 7

India, Aug. 1 -- Canadian stocks slumped on Friday as investors began to gauge the effect of new tariffs imposed by the US President on Canada, which are set to take effect in a week. After opening l... Read More