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DAX Rallies On Inflation Data

RTTNews | 1008 dias atrás

DAX Rallies On Inflation Data

(RTTNews) - German stocks rallied on Thursday after preliminary data showed German inflation rose by a less than anticipated 8.7 percent year-on-year in January, helping ease pressure on the European Central Bank to keep raising rates.

Destatis was initially scheduled to release its January data last week but delayed the publication over an "unexpected technical problem".

The benchmark DAX was up 199 points, or 1.3 percent, at 15,611 after climbing 0.6 percent in the previous session.

Nordex Group gained nearly 2 percent. The wind turbine maker has bagged an order from Enefit Green, one of the leading producers of renewable energy in the Baltic region for 255 MW for a wind farm in Estonia.

Delivery Hero plunged more than 8 percent. The food-delivery firm reported slightly lower-than-expected gross merchandise value (GMV) for 2022.

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Sensex, Nifty Fail To Hold Early Gains, Settle Roughly Flat

Sensex, Nifty Fail To Hold Early Gains, Settle Roughly Flat

Despite a fairly strong spell in positive territory that lasted close to four hours, Indian equity benchmark Sensex and the Nifty50 settled just marginally up on Thursday as several stocks pared early gains due to a sell-off in the final hour of the day's trading session.

RTTNews | 1h 13min atrás

Asian Markets Close Mostly Higher

Asian Markets Close Mostly Higher

Broadly positive sentiment prevailed in Asian markets tracking the positive sentiment created by the end of the longest-ever U.S. government shutdown.

RTTNews | 1h 30min atrás

Euro Rises Amid Risk-On Mood

Euro Rises Amid Risk-On Mood

The euro strengthened against other major currencies in the pre-European session on Thursday as European shares traded higher, amid positive sentiment generated by the conclusion of the longest federal closure in U.S. history. An improved global risk sentiment and updates to earnings are seen swaying sentiment even as concerns about tech valuation lingered.

RTTNews | 1h 58min atrás

Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the pre-European session on Thursday.

RTTNews | 2h 18min atrás

Australian Dollar Rises After Upbeat Jobs Data

Australian Dollar Rises After Upbeat Jobs Data

The Australian dollar strengthened against other major currencies in the Asian session on Thursday, following the release of Australia's upbeat employment data in October.

RTTNews | 5h 12min atrás

European Markets Seen Gaining On Thursday

European Markets Seen Gaining On Thursday

Stock markets in Europe are expected to open higher on Thursday amidst positive sentiment generated by the conclusion of the longest federal closure in U.S. history.

RTTNews | 5h 49min atrás

Sensex, Nifty Climb Higher On Earnings, Positive Global Cues

Sensex, Nifty Climb Higher On Earnings, Positive Global Cues

After a positive start and a subsequent retreat, BSE benchmark Sensex and the National Stock Exchange's Nifty50 moved higher Thursday morning, with investors picking up stocks, reacting to some encouraging earnings announcements.

RTTNews | 6h 0min atrás

Australian Dollar Rises Against Majors

Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Thursday.

RTTNews | 6h 25min atrás

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