DAX Gains Ahead Of Key Inflation Reading

RTTNews | il y a 518
DAX Gains Ahead Of Key Inflation Reading

(RTTNews) - German stocks traded slightly higher on Wednesday ahead of the release of euro zone inflation data later in the day.

Regional bond yields dipped, a day after data showed German inflation eased more than expected in March, supporting expectations that the European Central Bank will start lowering interest rates in June.

The benchmark DAX was up 42 points, or 0.2 percent, at 18,325 after losing 1.1 percent the previous day.

Siemens shares edged up slightly after the engineering firm said it was not planning to make an offer for British engineer Renishaw.

Wind turbine maker Nordex Group fell nearly 2 percent despite securing an order for a further 39 turbines from wind and solar park developer Umweltgerechte Kraftanlagen GmbH & Co. KG.

read more
Australia Trade Data Due On Thursday

Australia Trade Data Due On Thursday

Australia will on Thursday release August numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In July, imports were down 3.1 percent on month and exports rose 6.0 percent for a trade surplus of A$5.365 billion.
RTTNews | il y a 31 minutes
Swiss Market Closes On Bright Note

Swiss Market Closes On Bright Note

The Switzerland market closed on a bright note on Wednesday after holding firm right through the day's trading session thanks to sustained buying at several counters from across various sectors.
RTTNews | il y a 4h 29min
Consumer Staples, Materials Stocks Rise As TSX Hits New Record High

Consumer Staples, Materials Stocks Rise As TSX Hits New Record High

The Canadian market is up in positive territory a little past noon on Wednesday, thanks to strong gains in consumer staples, materials and technology sectors. Energy and healthcare stocks are weak, while shares from rest of the sectors are turning in a mixed performance.
RTTNews | il y a 5h 46min
U.S. Job Openings Fall To Ten-Month Low In July

U.S. Job Openings Fall To Ten-Month Low In July

Job openings in the U.S. fell to their lowest level in ten months in July, according to a report released by the Labor Department on Wednesday. The Labor Department said job openings dipped to 7.181 million in July after tumbling to a downwardly revised 7.357 million in June.
RTTNews | il y a 6h 59min
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 | il y a 8h 6min
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 | il y a 9h 21min