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DAX Holds Steady Ahead Of Fed Decision
(RTTNews) - German stocks were steady on Wednesday as investors reacted to mixed manufacturing data from China and awaited the Federal Reserve's interest-rate decision later in the day for direction.
The benchmark DAX was up 0.1 percent at 15,144 after ending marginally higher the previous day.
Hannover Re shares slumped 4.3 percent. In order to take account of the growth in the property and casualty reinsurance portfolio and the increased loss expectation from natural catastrophes, the reinsurer has increased its net major-loss budget for 2023 to 1.725 billion euros.
Software AG plunged 13 percent. The company reported that, on an organic basis, EBIT was 43.1 million euros in the fourth quarter compared to 32.2 million euros, prior year.
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European Shares Flat To Lower Ahead Of US Inflation Report
European stocks were subdued on Friday as earnings proved to be a mixed bag and investors braced for the release of delayed U.S. inflation figures for September.
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vor 32 Minuten
Asian Shares Climb Ahead Of US-China Talks
Asian stocks rose on Friday ahead of pivotal talks between the United States and China in Malaysia to avert trade war escalation.
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vor 1Std 6 Minuten
UK Retail Sales Rise Unexpectedly; Consumer Confidence Improves
UK retail sales grew unexpectedly in September amid strong expansion in non-store retailing, data from the Office for National Statistics showed Friday. Retail sales advanced 0.5 percent in September from the previous month, confounding expectations for a decline of 0.2 percent. Sales had climbed 0.6 percent in August.
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vor 1Std 47 Minuten
European Shares Seen Up As Intel Posts Surprise Q3 Profit
European stocks are likely to open higher on Friday after semiconductor giant Intel reported third quarter earnings and revenue that topped Wall Street's estimates.
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vor 4Std 12 Minuten
Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the Asian session on Friday.
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vor 4Std 13 Minuten
European Economic News Preview: Eurozone Flash PMI Data Due
Flash Purchasing Managers' survey results from the euro area and the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for September. Sales are forecast to fall 0.2 percent on a monthly basis, reversing a 0.5 percent rise in August.
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vor 4Std 53 Minuten
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction on Friday amid concerns that soaring crude oil prices on fears of supply disruptions would result in higher input costs for Indian refiners that have been key buyers of discounted Russian crude since 2022.
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vor 5Std 1 Minuten
Australian Market Slips To Modest Losses In Mid-market
The Australian market is slipping to modest losses in mid-market moves on Friday after opening in the green, giving up some of the gains in the previous session, despite the positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 9,050 level, with weakness in gold miners and financial stocks partially offset by gains in iron ore miners and technology stocks.
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vor 6Std 8 Minuten
