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DAX Edges Higher Despite Weak China Data
(RTTNews) - German stocks edged higher on Tuesday even as a slew of economic data showed China's economic recovery is losing momentum.
Closer home, the German ZEW economic sentiment survey results for May and Eurozone GDP data are awaited later in the day.
The benchmark DAX was up 23 points, or 0.2 percent, at 15,946 after edging up marginally in the previous session.
Automakers slipped, with Daimler, Mercedes Benz and Volkswagen all falling around 1 percent on China recovery concerns.
Infineon rallied 2.3 percent after the semiconductor company bought Stockholm-based startup Imagimob AB for an undisclosed sum.
Hornbach Holding plunged 8.5 percent after saying it expects sales to remain more or less flat in 2023/24.
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Australia Trade Data Due On Thursday
Australia will on Thursday release August numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In July, imports were down 3.1 percent on month and exports rose 6.0 percent for a trade surplus of A$5.365 billion.
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Před 54 minutami
U.S. Dollar Falls After Weak Job Openings Data
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, following the release of weak job openings data for July.
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Před 1 h 0 min
Swiss Market Closes On Bright Note
The Switzerland market closed on a bright note on Wednesday after holding firm right through the day's trading session thanks to sustained buying at several counters from across various sectors.
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Před 4 h 52 min
European Stocks Close Higher On Bargain Hunting, Fairly Positive Economic Data
European stocks closed broadly higher on Wednesday as slightly encouraging data on private sector activity in the region aided sentiment. Bargain hunting at several counters after Tuesday's decline helped as well in pushing up prices.
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Před 5 h 16 min
Consumer Staples, Materials Stocks Rise As TSX Hits New Record High
The Canadian market is up in positive territory a little past noon on Wednesday, thanks to strong gains in consumer staples, materials and technology sectors. Energy and healthcare stocks are weak, while shares from rest of the sectors are turning in a mixed performance.
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Před 6 h 9 min
U.S. Job Openings Fall To Ten-Month Low In July
Job openings in the U.S. fell to their lowest level in ten months in July, according to a report released by the Labor Department on Wednesday. The Labor Department said job openings dipped to 7.181 million in July after tumbling to a downwardly revised 7.357 million in June.
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Před 7 h 22 min
U.S. Factory Orders Slump Roughly In Line With Estimates In July
A report released by the Commerce Department on Wednesday showed an extended slump by new orders for U.S. manufactured goods in the month of July. The Commerce Department said factory orders fell by 1.3 percent in July after plunging by 4.8 percent in June. Economists had expected factory orders to decrease by 1.4 percent.
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Před 8 h 28 min
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.
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Před 9 h 44 min
