DAX Little Changed As Factory Orders Rise

RTTNews | Před 577 dny
DAX Little Changed As Factory Orders Rise

(RTTNews) - German stocks were little changed on Monday after posting strong gains last week on dovish Fed bets.

Meanwhile, Germany's factory orders grew unexpectedly in September, data from Destatis showed earlier today.

New orders climbed 0.2 percent on a monthly basis in September, confounding expectations for a fall of 1.0 percent.

Separately, cancellations of residential construction projects in Germany rose to a new high in October as housing demand weakened further, results of survey by the ifo institute showed today, adding to signs of recession in the biggest euro area economy.

The share of companies that reported cancelled housing projects rose to 22.2 percent from 21.4 percent in the previous month.

The benchmark DAX was marginally higher at 15,192 after edging up 0.3 percent on Friday.

Evotec plunged 5.5 percent after RBC downgraded the biotech firm's stock to "Sector perform" from "Outperform".

read more
U.S. Trade Deficit Narrows Much More Than Expected In April

U.S. Trade Deficit Narrows Much More Than Expected In April

Largely reflecting a sharp pullback by the value of the imports, the Commerce Department released a report on Thursday showing a substantial decrease in the size of the U.S. trade deficit in the month of April.
RTTNews | Před 23 minutami
U.S. Weekly Jobless Claims Unexpectedly Rise To 247,000

U.S. Weekly Jobless Claims Unexpectedly Rise To 247,000

With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly increased in the week ended May 31st.
RTTNews | Před 28 minutami
Bay Street Likely To Open On Cautious Note; Resources Stocks May Move Up

Bay Street Likely To Open On Cautious Note; Resources Stocks May Move Up

The Canadian market is likely to open on a cautious note on Thursday with investors looking for news from the trade front. Canadian and U.S. jobs data, due on Friday may provide some clues about the outlook for growth. Higher commodity prices may prompt investors to pick up resources stocks.
RTTNews | Před 1 h 0 min
Citi To Cut Around 3,500 Tech Jobs In China Under Global Restructuring

Citi To Cut Around 3,500 Tech Jobs In China Under Global Restructuring

Banking major Citigroup Inc. announced plans to reduce around 3,500 technology in China as part of its ongoing broader initiative to streamline global tech operations, reports said. With the planned resturcturing, the lender aims to strengthen risk and data management frameworks. The planned results will be at its two major China-based technology centers in Shanghai and Dalian.
RTTNews | Před 2 h 28 min
CAC 40 Up 0.5% Ahead Of ECB Rate Decision

CAC 40 Up 0.5% Ahead Of ECB Rate Decision

French stocks are gaining some ground in positive territory on Thursday as investors expect a 25-basis point interest rate cut from the European Central Bank later in the day. Worries about trade tension limit market's upside.
RTTNews | Před 2 h 38 min
Sensex Rises Over 400 Points; Nifty At 24,750

Sensex Rises Over 400 Points; Nifty At 24,750

Indian shares ended Thursday's session modestly higher as weak private payrolls and services data raised concerns about the U.S. economic outlook but reinforced speculation that the Federal Reserve will cut interest rates at least twice this year.
RTTNews | Před 2 h 50 min