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DAX Rises On Solid GDP Data

RTTNews | 1104天前

DAX Rises On Solid GDP Data

(RTTNews) - German stocks advanced on Thursday after GDP data for second quarter came in better than expected, lifted by household and government spending.

German GDP grew 0.1 percent sequentially and 1.8 percent year-on-year, beating expectations for stagnation in the three months to June, data showed.

Additionally, the country's Ifo business confidence fell in August but topped expectations.

The European Central Bank releases the accounts of the monetary policy meeting of the governing council held on July 20 and 21 later today that are likely to sound hawkish.

The benchmark DAX climbed 95 points, or 0.7 percent, to 13,315 after gaining 0.2 percent the previous day.

Online food-delivery firm Delivery Hero fell 2.3 percent after posting a wider loss for the first-half.

Evotec AG gained 1 percent. The drug maker said that it is acquiring Central Glass Germany GmbH from the Japanese chemical maker, Central Glass Co. Ltd.

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Sensex, Nifty Give Up Early Gains To End Lower

Sensex, Nifty Give Up Early Gains To End Lower

Indian shares gave up early gains to end lower on Tuesday ahead of the upcoming two-day Goods and Services Tax (GST) Council meeting later this week.

RTTNews | 54分鐘前

Pound Slides After UK Starmer's Reshuffle

Pound Slides After UK Starmer's Reshuffle

The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline. In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.

RTTNews | 1小時8分鐘前

Eurozone Inflation Rises Slightly To 2.1%

Eurozone Inflation Rises Slightly To 2.1%

Eurozone inflation rose marginally in August but the rate remained near to the European Central Bank's 2 percent target, official data revealed on Tuesday. The harmonized index of consumer prices rose 2.1 percent year-on-year in August, slightly faster than the 2.0 percent increase in July, flash data from Eurostat showed.

RTTNews | 1小時16分鐘前

European Shares Slide As Inflation Accelerates

European Shares Slide As Inflation Accelerates

European stocks traded lower on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.

RTTNews | 1小時44分鐘前

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Tuesday.

RTTNews | 1小時52分鐘前

FTSE Edges Lower As Yields Jump On Debt Concerns

FTSE Edges Lower As Yields Jump On Debt Concerns

U.K. stocks traded lower on Tuesday as the 30-year gilt yield hit a 27-year high at 5.680 percent in early trading on rising debt concerns, in a pre-budget blow for chancellor Rachel Reeves.

RTTNews | 2小時3分鐘前

CAC 40 Marginally Higher With French Politics In Focus

CAC 40 Marginally Higher With French Politics In Focus

French stocks were marginally higher on Tuesday ahead of a crucial confidence vote in parliament next Monday.

RTTNews | 2小時17分鐘前

DAX Drifts Lower Ahead Of Key Inflation Data

DAX Drifts Lower Ahead Of Key Inflation Data

German stocks fell sharply on Tuesday while the euro pulled back from recent highs ahead of Eurozone inflation data due later in the day.

RTTNews | 2小時30分鐘前

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