DAX Slips Into Red After Inflation Data

RTTNews | 830 dni temu
DAX Slips Into Red After Inflation Data

(RTTNews) - German stocks slipped into the red on Wednesday after data showed German consumer inflation fell in April on easing food prices, but core inflation stayed high.

Finalized data showed German annual inflation rate softened from 7.4 percent to 7.2 percent in April, unchanged from the prelim figure. The harmonized index of consumer prices rose by 7.6 percent year-on-year.

The benchmark DAX was down 41 points, or 0.3 percent, at 15,914 after finishing marginally higher the previous day.

Banks traded higher, with Commerzbank and Deutsche Bank rising 1.6 percent and 1 percent, respectively.

Siemens Healthineers plunged nearly 6 percent after the medical device maker posted a 30 percent fall in Q2 operating profit and said it was discontinuing its heart surgery robot business.

Biotech firm Evotec jumped 13.7 percent after entering into a partnership with Novartis unit Sandoz.

Tyre maker Continental AG rallied 3 percent after posting strong first-quarter results and backing its full-year outlook.

read more
South Korea Shares May Be Stuck In Neutral On Monday

South Korea Shares May Be Stuck In Neutral On Monday

Ahead of Friday's holiday for Liberation Day, the South Korea stock market had moved higher in back-to-back sessions, gathering more than 35 points or 1.1 percent along the way. The KOSPI now sits just above the 3,225-point plateau although it m ay spin its wheels on Monday.
RTTNews | 14 minut temu
Singapore Export Data On Tap For Monday

Singapore Export Data On Tap For Monday

Singapore will on Monday release July figures for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity. In June, NODX was up 14.3 percent on month and 13.0 percent on year.
RTTNews | 1g 14 minut temu
Euro Higher Against Majors

Euro Higher Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.
RTTNews | 2 dni temu
TSX Down Marginally In Lackluster Trade

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.
RTTNews | 2 dni temu
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday with stocks from across several sectors gaining ground on sustained buying support. The mood remained positive right through the day's session, amid some expectations about an end to the Ukraine war.
RTTNews | 2 dni temu
European Stocks Close Mixed After Cautious Session

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.
RTTNews | 2 dni temu
U.S. Business Inventories Rise In Line With Estimates In June

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
RTTNews | 2 dni temu
U.S. Consumer Sentiment Unexpectedly Deteriorates In August

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
RTTNews | 2 dni temu