DAX Rises Ahead Of Inflation Data

RTTNews | vor 974 Tagen
Stocktwits
DAX Rises Ahead Of Inflation Data

(RTTNews) - German stocks advanced on Tuesday as investors awaited consumer price data expected to confirm the gradual easing that started last month.

Official data released earlier today showed Germany's unemployment rate held steady at seasonally adjusted 3.0 percent in November. The number of people out of work decreased 6,500 from October to 1.32 million.

On an unadjusted basis, there were 1.25 million unemployed in November.

The unemployment data for December is due from the Federal Labour Agency later today. The benchmark DAX jumped 93 points, or 0.7 percent, to 14,163 after rallying 1.1 percent the previous day.

Brenntag shares surged nearly 5 percent. The chemicals distributor said that it has decided to terminate preliminary discussions with Univar Solutions (UNVR) for a potential acquisition.

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U.S. Factory Orders Slump Roughly In Line With Estimates In July

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.
RTTNews | vor 18 Minuten
Eurozone Private Sector Growth At 1-Year High

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.
RTTNews | vor 1Std 33 Minuten
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a somewhat mixed note on Wednesday, tracking commodity prices. With some crucial economic data, including jobs data from Canada and the U.S. due later in the week, the mood is likely to remain cautious.
RTTNews | vor 1Std 53 Minuten
FTSE Up Nearly 0.6%; Miners Among Top Gainers

FTSE Up Nearly 0.6%; Miners Among Top Gainers

The U.K. market remains well placed in positive territory in early afternoon trades on Wednesday, coming back strongly after posting a notable loss in the previous session. Mining stocks are among the prominent gainers.
RTTNews | vor 2Std 41 Minuten
CAC 40 Up Nearly 1%; Schneider Electric Rises Over 3.5%

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French stocks are up firmly in positive territory on Wednesday, recovering strongly after suffering a setback in the previous session amid concerns over debt sustainability in major economies across Europe and Asia, and political uncertainty in France.
RTTNews | vor 3Std 19 Minuten
Sensex, Nifty End Higher After Choppy Trade

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Indian shares closed higher on Wednesday despite weak cues from global markets as investors grappled with rising bond yields and renewed trade uncertainty.
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DAX Moderately Higher As Stocks Recover After Recent Tumble

DAX Moderately Higher As Stocks Recover After Recent Tumble

The German market is gaining some ground in positive territory on Wednesday, with several counters attracting buyers after suffering a sharp setback in the previous session amid uncertainty about prospects of growth in major economies in Europe.
RTTNews | vor 4Std 13 Minuten
European Shares Edge Higher After PMI Data

European Shares Edge Higher After PMI Data

European stocks traded higher on Wednesday as a selloff in longer-dated bonds appeared to stabilize, and a survey showed the euro zone economy continued its slow expansion in August despite a weakening in services sector growth.
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