Advertisement
DAX Gains Ahead Of Eurozone Inflation Data
(RTTNews) - German stocks traded higher on Friday following a hawkish pause from the U.S. Federal Reserve and a 25-basis-point rate hike by the European Central Bank this week.
The International Monetary Fund (IMF) has called for the European Central Bank (ECB) to further tighten its policy in view of strong euro-area consumer price growth. Euro zone final inflation data for May is due later in the day.
The benchmark DAX was up 37 points, or 0.2 percent, at 16,327 after declining 0.1 percent in the previous session.
Asian markets closed mostly higher earlier in the day, buoyed by bets on additional Chinese stimulus and the Bank of Japan's decision to leave its ultra-easy policy settings unchanged.
U.S. stock futures were lower as investors braced for the quarterly expiration of index futures and the rebalancing of benchmark indexes such as the S&P 500.
read more
U.S. Industrial Production Unexpectedly Flat In April
With a rebound by utilities output offset by decreases by manufacturing and mining output, the Federal Reserve released a report on Thursday showing industrial production in the U.S. came in unchanged in the month of April. The Fed said industrial production was unchanged in April after falling by 0.3 percent in March. Economists had expected industrial production to rise by 0.2 percent.
RTTNews
|
10 मिनटों पहले
New York Manufacturing Index Edges Modestly Lower In May
A report released by the Federal Reserve Bank of New York said regional manufacturing activity continued to decline modestly in the month of May. The New York Fed said its general business conditions index edged down to a negative 9.2 in May from a negative 8.1 in April, with a negative reading indicating contraction. Economists had expected the index to dip to a negative 10.0.
RTTNews
|
22 मिनटों पहले
Philly Fed Index Jumps More Than Expected But Remains Negative In May
Philadelphia-area manufacturing activity remained weak in the month of May, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity jumped to a negative 4.0 in May from a negative 26.4 in April, but a negative reading still indicates contraction.
RTTNews
|
1घंटे 16 मिनट पहले
U.S. Retail Sales Inch Up In Line With Estimates In April
A report released by the Commerce Department on Thursday showed a slight increase by U.S. retail sales in the month of April. The Commerce Department said retail sales crept up by 0.1 percent in April after surging by an upwardly revised 1.7 percent in March. Economists had expected retail sales to inch up by 0.1 percent compared to the 1.4 percent jump originally reported for the previous month.
RTTNews
|
1घंटे 32 मिनट पहले
U.S. Producer Prices Unexpectedly Decrease In April
Producer prices in the U.S. unexpectedly decreased in the month of April, according to a report released by the Labor Department on Thursday. The Labor Department said its producer price index for final demand fell by 0.5 percent in April following a revised unchanged reading in March. Economists had expected producer prices to rise by 0.2 percent.
RTTNews
|
1घंटे 34 मिनट पहले
Eurozone GDP Expands 0.3% In Q1; Employment Growth Improves
Euro area economic growth accelerated less than estimated in the first quarter and employment logged a faster increase, flash estimate from Eurostat showed on Thursday. Gross domestic product expanded 0.3 percent on a quarterly basis, which was revised down from the 0.4 percent growth estimated on April 30. This followed the fourth quarter's 0.2 percent expansion.
RTTNews
|
1घंटे 36 मिनट पहले
U.S. Weekly Jobless Claims Unchanged From Upwardly Revised Level
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in unchanged in the week ended May 10th The report said initial jobless claims came in at 229,000 last week, unchanged from the previous week's revised level. Economists had expected jobless claims to tick up to 229,000 from the 228,000 originally reported for the previous week.
RTTNews
|
1घंटे 44 मिनट पहले
U.S. Industrial Production Unexpectedly Unchanged In April
With a rebound by utilities output offset by decreases by manufacturing and mining output, the Federal Reserve released a report on Thursday showing industrial production in the U.S. came in unchanged in the month of April.
RTTNews
|
2घंटे 21 मिनट पहले
