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DAX Edges Higher Ahead Of Key Regional Data
(RTTNews) - German stocks traded slightly higher on Wednesday ahead of the euro-zone consumer and economic sentiment data for March due out later in the day and the all-important U.S. personal expenditure consumption data on Friday.
The benchmark DAX was up 24 points, or 0.1 percent, at 18,408 after climbing 0.7 percent the previous day.
Indus Holding edged up slightly after the engineering and infrastructure holding company announced the acquisition of British measurement and control technology company COLSON X-Cel for an undisclosed amount.
Nordex slipped half a percent. The wind turbine maker said it has bagged an order from Holmen Energi AB, a unit of Holmen Group, for 98 MW wind turbines in Sweden.
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U.S. Small Business Morale Improves Again, Labor Quality Top Concern: NFIB
Confidence among the U.S. small businesses increased for a second month in a row in August, largely led by stronger sales expectations and easing uncertainty, while labor quality remained the main worry for businesses, results of a monthly survey by the National Federation of Independent Business showed on Tuesday.
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2h 15min ago
Canadian Market Modestly Higher; Teck Resources Soars 15% On Merger News
The Canadian market is up in positive territory Tuesday afternoon with energy stocks contributing significantly to the upmove. A few stocks from financials and utilities sectors are also up in positive territory, while consumer discretionary, technology and communications shares are weak.
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3h 44min ago
Swiss Market Ends Weak After Cautious Session
The Switzerland market ended weak on Tuesday after spending much of the day's session in negative territory in cautious trade as investors awaited the European Central Bank's monetary policy announcement, and looked ahead to some crucial economic data, including a report on U.S. inflation.
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4h 10min ago
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Tuesday with investors reacting to some corporate news, and looking ahead to the upcoming European Central Bank's monetary policy meeting, and crucial economic data, including U.S. inflation report.
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4h 31min ago
Bay Street Likely To Open On Positive Note
Canadian stocks may open on a positive note on Tuesday, tracking higher crude oil and gold prices, and expectations of a rate cut from the Bank of Canada and the Federal Reserve next week.
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8h 42min ago
French Industrial Output Falls Most In 3 Months
France's industrial production declined at the fastest pace in three months in July on sharp contractions in production of transport equipment and machinery, signaling a weak start to the third quarter after Prime Minister François Bayrou lost a confidence vote in the Parliament this week. Industrial production logged a monthly fall of 1.1 percent in July.
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10h 2min ago
FTSE Modestly Higher At Noon; Anglo American Soars On Merger News
The UK stock market is modestly higher around noon on Tuesday with investors picking up select stocks in cautious trade while looking ahead to some crucial economic data from the U.S., including a reading on inflation.
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10h 35min ago
U.S. Dollar Falls Amid Fed Rate Cut Speculation
The U.S. dollar weakened against other major currencies in the late Asian session on Tuesday, as traders remain optimistic about the outlook for interest rates following last week's weaker-than-expected US jobs data. They also remain cautious ahead of key U.S. inflation readings due later in the week that could influence the US Fed's rate trajectory.
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11h 4min ago
