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DAX Dips Ahead Of Key Inflation Data
(RTTNews) - German stocks fell on Thursday amid worries about continued monetary policy tightening by the U.S. Federal Reserve and the European Central Bank.
The benchmark DAX was down 129 points, or 0.8 percent, at 15,176 after losing 0.4 percent lower the previous day.
Travel and tech stocks dipped as Eurozone government bond yields hit multi-year highs ahead of the release of preliminary euro zone data for February due later in the day. Lufthansa fell over 1 percent and Infineon lost 3 percent.
Kion Group AG rose over 1 percent. The manufacturer of materials handling equipment said it expects an increase in revenue and a significant improvement in both adjusted EBIT and return on capital employed in fiscal 2023.
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Swiss Market Settles Moderately Lower
The Switzerland market ended weak on Friday, in line with markets across Europe, as investors chose to trim down positions at several counters, continuing to react to earnings updates and assessing the developments on the trade front.
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3時1分前
European Markets Close Weak After Cautious Session
European markets closed weak on Friday, as investors reacted to a slew of earnings updates, regional economic data, and continued to assess the recent policy announcements from major central banks, and the developments on the trade front.
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3時24分前
Canadian Market Marginally Down As Stocks Swings Between Gains And Losses
After an early upmove and a subsequent fall into negative territory, the Canadian market recovered a bit on Friday, but slipped again in cautious trade.
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4時12分前
Chicago Business Barometer Climbs More Than Expected But Still Indicates Contraction
A reading on Chicago-area business activity increased by more than expected in the month of October but continued to indicate contraction, according to a report released by MNI Indicators on Friday. The report said the Chicago business barometer climbed to 43.8 in October after slipping to 40.6 in September. Economists had expected the index to show a more modest increase to 42.3.
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7時7分前
Eurozone Inflation Softens On Energy Prices
Eurozone inflation softened in October largely due to the fall in energy prices, while core consumer prices registered a steady growth, official data revealed Friday. The harmonized index of consumer prices rose 2.1 percent on a yearly basis, following a 2.2 percent rise in September, flash estimate from Eurostat showed. Inflation came in line with expectations.
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7時45分前
Bay Street May Open On Positive Note
The Canadian market may open on a positive note on Friday as technology stocks are likely to see some brisk buying thanks to encouraging earnings guidance from U.S. tech majors Apple Inc., and Amazon.
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8時37分前
FTSE 100 Modestly Lower; Bank Stocks Among Notable Losers
The UK stock market's benchmark index FTSE 100 is down in negative territory on Friday, weighed down by losses in the banking sector. After nine successive days of gains, the index looks likely to settle on a weak note today.
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9時11分前
CAC 40 Modestly Lower In Cautious Trade After Inflation Data
The French market is modestly lower on Friday with investors reacting to regional inflation data, and recent earnings updates and central bank policy decisions, in addition to weighing the developments on trade and geopolitical fronts.
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10時3分前
