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DAX Edges Higher Ahead Of Inflation Data
(RTTNews) - German stocks eked out modest gains on Tuesday as nationwide unrest in China over COVID curbs eased and the country said it would bolster vaccination among its senior citizens, a move regarded by health experts as crucial to reopening the world's second-largest economy.
In economic releases, German inflation data for November and final November consumer confidence data for the euro zone are expected later in the session.
The benchmark DAX was up 41 points, or 0.3 percent, at 14,424 after losing 1.1 percent in the previous session.
Brenntag SE shares rose over 1 percent. The chemicals distributor confirmed a Bloomberg News report that it's mulling the acquisition of U.S. distributor Univar Solutions Inc.
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South Korea Shares May Head South Again On Wednesday
The South Korea stock market on Tuesday ended the two-day slide in which it had given up mor than 50 points or 1.6 percent. The KOSPI now rests just above the 3,170-point plateau although it's expected to turn lower again on Wednesday.
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hace 23 minutos
Australia GDP Data Due On Wednesday
Australia will on Wednesday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GP is expected to rise 0.5 percent on quarter and 1.6 percent on year, up from 0.2 percent on quarter and 1.3 percent on year in the three months prior.
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hace 1h 23min
U.S. Dollar Climbs Amid Rising Treasury Yields
The U.S. dollar strengthened against its major counterparts in the New York session on Tuesday, as investors awaited upcoming nonfarm payrolls data.
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hace 1h 49min
Swiss Shares Extend Losing Streak
The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.
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hace 6h 35min
Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further
Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.
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hace 6h 41min
European Markets Finish In The Red On Tuesday
The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.
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hace 6h 48min
U.S. Construction Spending Unexpectedly Edges Lower In July
A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.
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hace 8h 48min
Domino's Launches Two New Delectable Bread Bites Flavors
Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.
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hace 9h 0min
