DAX Gains Ahead Of Key Inflation Readings

RTTNews | 305 ngày trước
DAX Gains Ahead Of Key Inflation Readings

(RTTNews) - German stocks opened higher on Monday as investors digested upbeat earnings and looked ahead to key inflation readings in Germany and the United States due later in the week. The benchmark DAX was up 231 points, or 1.20 percent, at 19,446 after declining 0.8 percent on Friday.

Automotive and industrial supplier Continental AG jumped nearly 7 percent after third-quarter core profit topped expectations.

IT service provider Q.beyond rose more than 2 percent after narrowing its quarterly loss and raising its full-year EBITDA outlook.

Hannover Re rallied 4 percent after the reinsurer raised its full-year 2024 profit target to €2.3bn.

Steel manufacturer Salzgitter fell about 2 percent after the company reported net loss for the first nine months of the financial year 2024 of 197.7 million euros, compared to prior year's profit of 193.7 million euros.

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Sensex, Nifty Open Higher On Trade Deal Hopes

Sensex, Nifty Open Higher On Trade Deal Hopes

Indian shares opened on a positive note Friday after Sergio Gor, a close Trump aide and director of the White House Presidential Personnel Office, said that despite recent disagreements over tariffs and India's purchases of Russian oil, the U.S.-India relationship continues to be "warm and strategically important."
RTTNews | 1h 54phút trước
European Economic News Preview: UK GDP & Foreign Trade Data Due

European Economic News Preview: UK GDP & Foreign Trade Data Due

GDP and foreign trade from the UK and final inflation from France and Spain are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and external trade figures. The British economy is expected to stagnate in July after rising 0.4 percent in June.
RTTNews | 1h 56phút trước
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Friday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains across most sectors led by mining and technology stocks. Energy stocks were the only weak spot.
RTTNews | 3h 19phút trước
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as weaker than expected U.S. consumer price inflation and producer price inflation data as well as recent downbeat monthly jobs data have reinforced expectations of a US Fed rate cut at next week's meeting. Asian markets ended mixed on Thursday.
RTTNews | 3h 43phút trước