Forex News

DAX Slips After Inflation Data

German stocks traded lower on Friday after data showed inflation slowed marginally in August as estimated but the rate remained elevated due to the increases in energy and food prices.
RTTNews | 642 days ago
Germany Inflation Eases To 6.1% As Estimated

Germany Inflation Eases To 6.1% As Estimated

Germany's inflation slowed marginally in August as estimated but the rate remained elevated due to the increases in energy and food prices, final data from Destatis revealed on Friday. Consumer price inflation slowed to 6.1 percent in August from 6.2 percent in July. The statistical office confirmed the provisional estimate published on August 30.
RTTNews | 642 days ago
European Economic News Preview: Germany Final Inflation Data Due

European Economic News Preview: Germany Final Inflation Data Due

Final inflation from Germany and industrial production from France are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's final inflation data for August. The flash estimate showed that consumer price inflation slowed 6.1 percent from 6.2 percent in July.
RTTNews | 642 days ago
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Whirlpool Recalls ADC Branded Stacked Commercial Clothes Dryers

Whirlpool Recalls ADC Branded Stacked Commercial Clothes Dryers

Home appliances major Whirlpool Corp. is recalling stacked commercial clothes dryers sold under the ADC Brand citing fire risk, the U.S. Consumer Product Safety Commission said. The recall involves about 2,500 units of ADC brand 30 lb. capacity stacked commercial clothes dryers with model number ADG-30X2R or ADG-30X2Ri.
RTTNews | 642 days ago
Asian Markets Mostly Lower

Asian Markets Mostly Lower

Asian stock markets are trading mostly lower on Friday, following the mixed cues from global markets overnight, as the latest batch of upbeat economic data from the U.S. renewed concerns about the outlook for interest rates. Data showing a lower than expected GDP growth in Japan also hurt investor sentiment. Asian markets ended mostly lower on Thursday.
RTTNews | 642 days ago
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is significantly lower on Friday, extending the losses in the previous session, with the benchmark Nikkei 225 falling below the 32,700 level, following the mixed cues from global markets overnight, as traders reacted to data that showed a lower than expected expansion in second-quarter GDP. Weakness was seen across most sectors, led by exporters and technology stocks.
RTTNews | 642 days ago

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