DAX Inches Higher As US Avoids Government Shutdown

RTTNews | Před 586 dny
Stocktwits
DAX Inches Higher As US Avoids Government Shutdown

(RTTNews) - German stocks were seeing modest gains on Monday after the U.S. Congress passed a stopgap funding bill, averting for now a looming government shutdown.

Meanwhile, investors shrugged off the results of a survey showing that Germany's manufacturing sector remained mired in a downturn in September as a result of weak demand and falling output.

The HCOB final Purchasing Managers' Index (PMI) for manufacturing rose to 39.6 from 39.1 in August, and below the 39.8 of the flash estimate.

The benchmark DAX was up 39 points, or 0.3 percent, at 15,425 after gaining 0.4 percent on Friday.

Deutsche Bank edged down slightly on reports that the country's financial regulator has appointed a special monitor to oversee the lender's handling of consumer service problems at its Postbank unit.

Insurer Allianz SE was little changed after extending the mandate of Oliver Bate as Chairman and Chief Executive Officer.

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U.S. Dollar Declines On Trade Deal Optimism

U.S. Dollar Declines On Trade Deal Optimism

The U.S. dollar weakened against its major counterparts in the New York session on Friday as investors looked ahead to discussions between the U.S. and China scheduled for this weekend.
RTTNews | Před 14 h 34 min
Swiss Market Ends On Positive Note

Swiss Market Ends On Positive Note

The Swiss market closed higher on Friday as easing concerns about trade tensions following the announcement of a trade deal between the U.S. and U.K., and upcoming talks between U.S. and China helped keep the mood positive.
RTTNews | Před 16 h 39 min
European Stocks Close On Firm Note On Trade Deal Optimism, Earnings

European Stocks Close On Firm Note On Trade Deal Optimism, Earnings

European stocks closed higher on Friday amid optimism about the U.S. and China agreeing on a trade deal this weekend, close on the heels of U.S. President Donald Trump unveiling the framework of a trade agreement with the U.K. on Thursday.
RTTNews | Před 17 h 3 min
TSX Modestly Higher On Positive Jobs Data, Earnings Updates

TSX Modestly Higher On Positive Jobs Data, Earnings Updates

The Canadian market is modestly higher around noon on Friday, riding on gains in communications, energy and materials sectors. Optimism about the U.S. and China agreeing on a trade deal this weekend, close on the heels of U.S. President Donald Trump unveiling the framework of a trade agreemen
RTTNews | Před 18 h 8 min
Bay Street Headed For Positive Start

Bay Street Headed For Positive Start

Firm commodity prices and steady global stocks amid optimism about trade deals point to a positive start for the Canadian market on Friday. Canadian jobs data for the month of April, and corporate earnings updates are also set to make an impact.
RTTNews | Před 21 h 26 min
FTSE Up Nearly 0.5% On Easing Tariff Concerns

FTSE Up Nearly 0.5% On Easing Tariff Concerns

U.K. stocks are up on Friday, supported by some strong earnings updates, and continued optimism about trade deals. U.S. President Donald Trump said on Thursday that the meetings with China on trade and economic issues could be "very substantive" and lead to tariff reductions.
RTTNews | Před 23 h 8 min
CAC 40 Up 0.75% On Easing Trade Tensions

CAC 40 Up 0.75% On Easing Trade Tensions

French stocks are exhibiting strength on Friday, buoyed by news about the U.S. and U.K. agreeing on a trade deal, and the upcoming U.S. - China trade talks this weekend.
RTTNews | Před 23 h 43 min
Sensex, Nifty Extend Losses As Operation Sindoor Continues

Sensex, Nifty Extend Losses As Operation Sindoor Continues

Indian shares fell sharply on Friday to extend losses from the previous session after the Indian Army said it had countered the Pakistani attack on Indian cities late last night, fueling concerns of further escalation between the two nuclear-armed nations.
RTTNews | Před 23 h 51 min
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