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DAX Edges Higher As China Eases COVID Rules

RTTNews | 969天前

DAX Edges Higher As China Eases COVID Rules

(RTTNews) - German stocks were slightly higher on Friday as China's drastic policy shift towards relaxing many of its quarantine and testing requirements raised hopes of improved consumer demand.

A cautious undertone prevailed as investors braced for key U.S. inflation data due later in the day and next week's FOMC rate decision.

The benchmark DAX was up 24 points, or 0.2 percent, at 14,289 after ending flat with a positive bias the previous day.

Real estate company Vonovia SE dropped about half a percent. The company said that it intends to appoint Clara Streit as Chair of the company's Supervisory Board at the AGM on 17 May 2023.

Medical technology firm Carl Zeiss Meditec plummeted almost 8 percent after issuing a weak profit guidance for the first quarter.

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Eurozone Investor Sentiment Weakens Unexpectedly

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.

RTTNews | 1小時5分鐘前

Bay Street Seen Opening On Cautious Note

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.

RTTNews | 1小時12分鐘前

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.

RTTNews | 2小時4分鐘前

Indian Rupee Falls To 4-day Low Against U.S. Dollar

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.

RTTNews | 2小時27分鐘前

CAC Moderately Higher As Stocks Recover From Recent Setback

CAC Moderately Higher As Stocks Recover From Recent Setback

The French stock market is up firmly in positive territory on Monday with several counters from across various sectors attracting buyers after last week's decline following a sweeping tariff announcement from U.S. President Donald Trump.

RTTNews | 2小時32分鐘前

DAX Up 1.1% As Stocks Rebound From Recent Losses

DAX Up 1.1% As Stocks Rebound From Recent Losses

German stocks are up firmly in positive territory on Monday, recovering well from recent losses, as investors look past last week's tariff announcement from U.S. President Donald Trump and focusing on recent earnings.

RTTNews | 2小時51分鐘前

Sensex, Nifty Snap Two-day Losing Streak As Focus Shifts To RBI

Sensex, Nifty Snap Two-day Losing Streak As Focus Shifts To RBI

Indian shares rose on Monday as soft U.S. jobs data signaling a sharp deterioration in labor market conditions fueled bets of imminent Federal Reserve rate cuts.

RTTNews | 3小時41分鐘前

European Shares Tick Higher In Cautious Trade

European Shares Tick Higher In Cautious Trade

European stocks opened on a positive note Monday after falling sharply in the previous session on worries about the impact from higher U.S. tariffs.

RTTNews | 5小時6分鐘前

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