DAX Edges Higher On China Stimulus Hopes

RTTNews | 783 일 전
DAX Edges Higher On China Stimulus Hopes

(RTTNews) - German stocks advanced on Friday and Eurozone bond yields ticked higher as investors awaited the latest Eurozone inflation data due later in the day for more clues on the direction of interest rates.

Earlier in the day, China reported weak manufacturing and non-manufacturing data, raising calls for more stimulus.

Closer home, investors shrugged off data showing that Germany's jobless rate rose unexpectedly in June.

The benchmark DAX was up 105 points, or 0.7 percent, at 16,052 after ending marginally lower the previous day.

Sportswear maker Adidas climbed 1.8 percent and Puma jumped 2.2 percent despite Nike forecasting first-quarter revenue below analyst expectations on Thursday.

Property firm LEG Immobilien SE soared almost 4 percent after lifting its outlook for 2023.

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Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese market is slightly higher on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 42,650 level, with gains across all sectors led by automakers and financial stocks as domestic inflation data beat expectations.
RTTNews | 19 분 전
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, recouping some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with weakness in technology and financial stocks partially offset by gains in mining and energy stocks.
RTTNews | 41 분 전
Swiss Market Ends Weak

Swiss Market Ends Weak

The Switzerland market ended modestly lower on Thursday after languishing in negative territory right through the day's trading session, as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium.
RTTNews | 8 시간 49 분 전
European Stocks Close On Mixed Note Again

European Stocks Close On Mixed Note Again

European stocks turned in another mixed performance as investors stayed a bit cautious on Thursday, looking ahead to Federal Reserve's symposium at Jackson Hole, Wyoming, and largely shrugging off trade concerns. Investors also digested the latest batch of regional economic data, including flash estimates of manufacturing and services sector activity in the major economies.
RTTNews | 9 시간 5 분 전
Eurozone Consumer Confidence Weakens More Than Expected In August

Eurozone Consumer Confidence Weakens More Than Expected In August

Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
RTTNews | 9 시간 54 분 전
U.S. Leading Economic Index Edges Down In Line With Estimates In July

U.S. Leading Economic Index Edges Down In Line With Estimates In July

A reading on leading U.S. economic indicators edged slightly lower in the month of July, according to a report released by the Conference Board on Thursday. The Conference Board said leading economic index slipped by 0.1 percent in July after falling by 0.3 percent in June. The modest decrease matched economist estimates.
RTTNews | 11 시간 48 분 전