DAX Edges Up Slightly Ahead Of Inflation Data

RTTNews | il y a 32
DAX Edges Up Slightly Ahead Of Inflation Data

(RTTNews) - German stocks edged up slightly on Monday as preliminary data showed inflation rose in four important German states in April.

National inflation data due out later in the day may influence trading sentiment, heading into the release of the euro zone inflation data on Tuesday.

The benchmark DAX was up 32 points, or 0.2 percent, at 18,193 after climbing 1.4 percent on Friday.

In corporate news, Deutsche Bank shares slumped 5.2 percent.

The lender has provided updates on the ongoing litigation concerning its acquisition of Postbank, revealing that a legal provision will affect its second-quarter and full-year profitability as well as capital ratios.

The total estimated amount of all claims, inclusive of accumulated interest, stands at about 1.3 billion euros.

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Black & Decker Recalls CRAFTSMAN V20 Cordless Tillers/Cultivators

Black & Decker Recalls CRAFTSMAN V20 Cordless Tillers/Cultivators

Towson, Maryland-based Black & Decker (U.S.) Inc. is recalling about 44,400 units of Craftsman V20 Cordless Tillers/Cultivators citing laceration hazard, the U.S. Consumer Product Safety Commission announced. The recall involves CRAFTSMAN Model CMCTL320B V20 Cordless Tillers/Cultivators in red and black colors with UPC number 885911843430.
RTTNews | il y a 4h 4min
European Economic News Preview: Eurozone Inflation Data Due

European Economic News Preview: Eurozone Inflation Data Due

Flash inflation from the euro area and mortgage approvals from the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to release Germany's retail sales and import prices for April. Retail sales are forecast to fall 0.1 percent on month, in contrast to the 1.8 percent rise in March.
RTTNews | il y a 5h 22min
Sensex, Nifty Modestly Higher In Cautious Trade

Sensex, Nifty Modestly Higher In Cautious Trade

Indian shares eked out modest gains in early trade on Friday as weaker U.S. growth data sent the dollar and bond yields tumbling and revived hopes for rate cuts by the Federal Reserve later this year.
RTTNews | il y a 6h 15min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as global bond yields retreated following a downward revision in US GDP data that raised hopes the US Fed will look to cut interest rates at least once this year. Trades also react to a slew of economic data from China, Australia and Japan.
RTTNews | il y a 7h 37min
Japanese Market Modestly Higher

Japanese Market Modestly Higher

Recouping some of the losses in the previous three sessions, the Japanese stock market is modestly higher on Friday, despite the negative cues from Wall Street overnight. The benchmark Nikkei 225 is moving well above the 38,100 level, with gains across most sectors led by index heavyweights and exporter stocks. Technology stocks were the only weak spot.
RTTNews | il y a 8h 47min
Thai Shares May Head South Again On Friday

Thai Shares May Head South Again On Friday

The Thai stock market on Thursday snapped the two-day slide in which it had stumbled more than 15 points or 1.1 percent. The Stock Exchange of Thailand now sits just above the 1,350-point plateau although it's likely to turn lower again on Friday.
RTTNews | il y a 8h 58min