DAX Little Changed On Weak Trade Data
(RTTNews) - German stocks were little changed on Monday after official data showed the country's exports and imports declined more than expected in December.
Exports posted a monthly decrease of 4.6 percent in December, in contrast to the 3.5 percent increase in November. Shipments were expected to drop 2.0 percent.
Likewise, imports fell 6.7 percent, reversing a 1.5 percent gain in November. Economists had forecast imports to drop moderately by 1.8 percent.
Meanwhile, the German Composite PMI fell to a three-month low in January.
The benchmark DAX was marginally higher at 16,928 after rising 0.4 percent on Friday. In corporate news, Delivery Hero shares rallied 1.7 percent.
The online service provider for food ordering and delivery reported a rise in preliminary Gross Merchandise Value for the full year, supported by healthy order growth in many of its geographies.
U.S. Pending Home Sales Unexpectedly Unchanged In September
Bank Of Canada Cuts Interest Rates By Another Quarter Point
Bay Street Likely To Open Higher; BoC, Fed Rate Announcements Eyed
FTSE 100 Advances As Miners, Pharma Stocks Rally
Pound Slides Amid UK Fiscal Concerns
CAC 40 Flat In Cautious Trade Ahead Of Fed Rate Decision
Sensex, Nifty End Higher Ahead Of Fed Decision
