DAX Gains Ahead Of Key Inflation Reading

RTTNews | 518 dias atrás
DAX Gains Ahead Of Key Inflation Reading

(RTTNews) - German stocks traded slightly higher on Wednesday ahead of the release of euro zone inflation data later in the day.

Regional bond yields dipped, a day after data showed German inflation eased more than expected in March, supporting expectations that the European Central Bank will start lowering interest rates in June.

The benchmark DAX was up 42 points, or 0.2 percent, at 18,325 after losing 1.1 percent the previous day.

Siemens shares edged up slightly after the engineering firm said it was not planning to make an offer for British engineer Renishaw.

Wind turbine maker Nordex Group fell nearly 2 percent despite securing an order for a further 39 turbines from wind and solar park developer Umweltgerechte Kraftanlagen GmbH & Co. KG.

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Eurozone Private Sector Growth At 1-Year High

Eurozone Private Sector Growth At 1-Year High

The euro area private sector expanded at the fastest pace in a year in August but the overall pace was sluggish as the service sector held back growth, final survey data from S&P Global showed on Wednesday. The HCOB composite output index rose to 51.0 in August from 50.9 in July. The score was slightly below the initial estimate of 51.1.
RTTNews | 58 minutos atrás
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a somewhat mixed note on Wednesday, tracking commodity prices. With some crucial economic data, including jobs data from Canada and the U.S. due later in the week, the mood is likely to remain cautious.
RTTNews | 1h 19min atrás
FTSE Up Nearly 0.6%; Miners Among Top Gainers

FTSE Up Nearly 0.6%; Miners Among Top Gainers

The U.K. market remains well placed in positive territory in early afternoon trades on Wednesday, coming back strongly after posting a notable loss in the previous session. Mining stocks are among the prominent gainers.
RTTNews | 2h 7min atrás
CAC 40 Up Nearly 1%; Schneider Electric Rises Over 3.5%

CAC 40 Up Nearly 1%; Schneider Electric Rises Over 3.5%

French stocks are up firmly in positive territory on Wednesday, recovering strongly after suffering a setback in the previous session amid concerns over debt sustainability in major economies across Europe and Asia, and political uncertainty in France.
RTTNews | 2h 45min atrás
Sensex, Nifty End Higher After Choppy Trade

Sensex, Nifty End Higher After Choppy Trade

Indian shares closed higher on Wednesday despite weak cues from global markets as investors grappled with rising bond yields and renewed trade uncertainty.
RTTNews | 3h 34min atrás
DAX Moderately Higher As Stocks Recover After Recent Tumble

DAX Moderately Higher As Stocks Recover After Recent Tumble

The German market is gaining some ground in positive territory on Wednesday, with several counters attracting buyers after suffering a sharp setback in the previous session amid uncertainty about prospects of growth in major economies in Europe.
RTTNews | 3h 38min atrás
European Shares Edge Higher After PMI Data

European Shares Edge Higher After PMI Data

European stocks traded higher on Wednesday as a selloff in longer-dated bonds appeared to stabilize, and a survey showed the euro zone economy continued its slow expansion in August despite a weakening in services sector growth.
RTTNews | 4h 54min atrás