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German Exports Rebound In January

Germany's exports rebounded more than expected in January underpinned by shipments to the US, although the overall increase was insufficient to offset the decline in December, official data revealed Friday. Exports increased 2.1 percent on a monthly basis in January, in contrast to the 6.3 percent decline in December, Destatis reported.
RTTNews | 909 дней спустя
Lufthansa Stock Up On Q4 Profit, FY23 View For Improved Earnings

Lufthansa Stock Up On Q4 Profit, FY23 View For Improved Earnings

Shares of Deutsche Lufthansa AG were gaining around 6 percent in the morning trading in Germany after the flag carrier reported Friday a profit in its fourth quarter, compared to last year's loss, benefited by significant demand growth in air travel. Fiscal 2022 revenue almost doubled, and the airline projects further significant improvement in fiscal 2023 adjusted EBIT.
RTTNews | 909 дней спустя
FTSE 100 Gains Led By Miners

FTSE 100 Gains Led By Miners

U.K. stocks edged up slightly on Friday, with miners leading advances after a survey showed activity in China's services sector expanded at the fastest pace in six months in February.
RTTNews | 909 дней спустя
CAC 40 Gains As Fed Worries Ease

CAC 40 Gains As Fed Worries Ease

French stocks rose on Friday to extend gains from the previous session after a survey showed business activity at French service providers expanded in February for the first time since October last year.
RTTNews | 909 дней спустя
Australian Dollar Climbs On Easing Fed Worries

Australian Dollar Climbs On Easing Fed Worries

The Australian dollar strengthened against its major counterparts in the Asian session on Friday, as comments from a Federal Reserve official eased worries about the possibility of aggressive rate hikes by the Federal Reserve.
RTTNews | 909 дней спустя
DAX Rises On Strong Exports Data

DAX Rises On Strong Exports Data

German stocks advanced on Friday as U.S. rate hike worries eased and data showed German exports rose by more than expected in January on robust U.S. and U.K. demand.
RTTNews | 909 дней спустя
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Asian Shares Gain On Strong Regional Data

Asian Shares Gain On Strong Regional Data

Asian stocks advanced on Friday as strong economic data from China, Japan and Australia helped ease worries about global growth slowdown.
RTTNews | 909 дней спустя
Euro Mixed Ahead Of German Trade Data

Euro Mixed Ahead Of German Trade Data

At 2:00 am ET Friday, Destatis is slated to issue Germany's foreign trade data for January. Exports are forecast to rebound 1.5 percent on month and imports to gain 2.0 percent in January.
RTTNews | 909 дней спустя
European Economic News Preview: Eurozone Final PMI Data Due

European Economic News Preview: Eurozone Final PMI Data Due

Final composite Purchasing Managers' survey results from the euro area and other major Eurozone economies as well as foreign trade from Germany are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade data. Exports are forecast to rebound 1.5 percent on month and imports to gain 2.0 percent in January.
RTTNews | 909 дней спустя
European Shares Seen Opening Higher As Fed Worries Ease

European Shares Seen Opening Higher As Fed Worries Ease

European stocks look set to open higher on Friday, as comments from a Federal Reserve official raised hopes that the Fed with stick with a 25-bps rate hike at its next meeting in March.
RTTNews | 909 дней спустя
China Service Sector Gains Strength In February

China Service Sector Gains Strength In February

China's service sector activity gained strength in February with strong support from new business and employment after the easing of pandemic-related restrictions, survey results published by S&P Global showed on Friday. The Caixin services Purchasing Managers' Index picked up to 55.0 in February from 52.9 in January. The reading was slightly above economists' forecast of 54.7 and the threshold 5
RTTNews | 909 дней спустя

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