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DAX Slides As Italy's Draghi Resigns

RTTNews | Před 1241 dny

DAX Slides As Italy's Draghi Resigns

(RTTNews) - German stocks fell on Thursday after Italian Prime Minister Mario Draghi offered his resignation to the president, in a move that will raise the prospect of snap elections as soon as early October.

Meanwhile, Russia resumed natural gas supplies to Germany, helping to ease worries about fallout on the economy.

The euro wilted as investors braced for the interest-rate decision from the European Central bank. A 25-bps hike is already priced in by markets.

The benchmark DAX slipped 110 points, or 0.8 percent, to 13,172 after declining 0.2 percent the previous day.

SAP tumbled 3.6 percent after the business software company lowered its 2022 profit outlook.

Sartorius soared 7.5 percent. The pharmaceutical and laboratory equipment supplier confirmed its 2022 outlook after reporting encouraging first-half results.

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Canadian Dollar Falls Against Euro

Canadian Dollar Falls Against Euro

The Canadian dollar declined against the euro in the New York session on Friday.

RTTNews | Před 8 h 33 min

Swiss Stock Market Extends Losing Streak

Swiss Stock Market Extends Losing Streak

The Swiss stock market suffered a late slump to wipe out early gains, stretching its losing streak to four sessions.

RTTNews | Před 14 h 27 min

European Shares End Under Water On Friday

European Shares End Under Water On Friday

The major European markets finished in the red on Friday, unable to hold early gains and slumping late in the trading day.

RTTNews | Před 14 h 38 min

FTSE 100 Lags In Global Stocks Rally

FTSE 100 Lags In Global Stocks Rally

The FTSE 100 benchmark of the London Stock Exchange extended gains on Friday albeit with a less pronounced rally than peers in Europe amidst weaker than expected GDP data.

RTTNews | Před 21 h 22 min

UK Economy Unexpectedly Shrinks In October

UK Economy Unexpectedly Shrinks In October

The UK economy experienced an unexpected contraction in October, as uncertainty ahead of the Autumn budget dampened spending and investment, official data revealed on Friday. Gross domestic product fell 0.1 percent month-on-month in October, the same pace of drop as seen in September, the Office for National Statistics reported. GDP was forecast to grow 0.1 percent.

RTTNews | Před 21 h 55 min

CAC 40 Extends Gains

CAC 40 Extends Gains

A positive sentiment in global markets attributed to the Fed's monetary policy action that turned out to be less hawkish than expected lifted the CAC 40 index.

RTTNews | Před 22 h 11 min

Pound Slides As U.K. Economy Shrinks

Pound Slides As U.K. Economy Shrinks

The British pound weakened against other major currencies in the European session on Friday, after the U.K. economy contracted for the second straight month in October.

RTTNews | Před 22 h 37 min

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | Před 22 h 51 min

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