DAX Slips On Rate Hike Worries

RTTNews | hace 770
DAX Slips On Rate Hike Worries

(RTTNews) - German stocks traded lower on Friday amid fears that central banks may not be done with interest-rate hikes.

The dollar edged lower but was off its 15-month lows after overnight data showed the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, touching the lowest level in two months.

The benchmark DAX was down 78 points, or half a percent, at 16,126 after gaining 0.6 percent in the previous session.

SAP tumbled nearly 5 percent, a day after the business software maker posted cloud revenue growth below analysts' expectations.

Life-sciences group Sartorius AG shed 0.6 percent after posting lower H1 attributable profit.

Delivery Hero SE, an online delivery platform, was down about 1 percent after it announced the acquisition of a 37 percent stake in HungerStation Holding Limited for $297 million.

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Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | hace 33 minutos
FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | hace 1h 6min
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | hace 1h 13min
French Stocks Mostly Subdued In Cautious Trade

French Stocks Mostly Subdued In Cautious Trade

The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.
RTTNews | hace 1h 24min
French Inflation Cools; Economy Expands As Estimated

French Inflation Cools; Economy Expands As Estimated

France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.
RTTNews | hace 1h 50min