DAX Gains Ahead Of Eurozone Inflation Data

RTTNews | Pred 699 dňami
DAX Gains Ahead Of Eurozone Inflation Data

(RTTNews) - German stocks traded higher on Friday following a hawkish pause from the U.S. Federal Reserve and a 25-basis-point rate hike by the European Central Bank this week.

The International Monetary Fund (IMF) has called for the European Central Bank (ECB) to further tighten its policy in view of strong euro-area consumer price growth. Euro zone final inflation data for May is due later in the day.

The benchmark DAX was up 37 points, or 0.2 percent, at 16,327 after declining 0.1 percent in the previous session.

Asian markets closed mostly higher earlier in the day, buoyed by bets on additional Chinese stimulus and the Bank of Japan's decision to leave its ultra-easy policy settings unchanged.

U.S. stock futures were lower as investors braced for the quarterly expiration of index futures and the rebalancing of benchmark indexes such as the S&P 500.

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Japan GDP Data Due On Friday

Japan GDP Data Due On Friday

Japan will on Friday release preliminary Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to slip 0.1 percent on quarter and 0.2 percent on year after adding 0.6 percent on quarter and 2.2 percent on year in the three month prior.
RTTNews | Pred 41 minútami
Euro Drops Against Majors

Euro Drops Against Majors

The euro weakened against its major counterparts in the New York session on Thursday.
RTTNews | Pred 3 h 20 min
Swiss Market Shrugs Off Weak Start, Ends On Firm Note

Swiss Market Shrugs Off Weak Start, Ends On Firm Note

After opening weak and remaining subdued till noon, Swiss stocks found some support and kept edging higher on Thursday, and finally ended the day's session on a firm note. Data showing a strong pace of expansion of the Swiss economy in the first quarter of this year aided sentiment.
RTTNews | Pred 5 h 2 min
Major European Markets Recover After Early Setback, Close On Firm Note

Major European Markets Recover After Early Setback, Close On Firm Note

Despite an early struggle, the major European markets turned in fairly steady performance as the session progressed on Thursday to eventually close on a firm note. Easing concerns about tariffs and U.S. inflation, and some encouraging regional economic data helped underpin sentiment.
RTTNews | Pred 5 h 20 min
U.S. Business Inventories Inch Up Slightly Less Than Expected In March

U.S. Business Inventories Inch Up Slightly Less Than Expected In March

The Commerce Department released a report on Thursday showing a slight increase by U.S. business inventories in the month of March. The report said business inventories crept up by 0.1 percent in March after rising by 0.2 percent in February. Economists had expected business inventories to rise by another 0.2 percent.
RTTNews | Pred 6 h 35 min
TSX Rises For 8th Straight Session, Looks Set To Scale New Peak

TSX Rises For 8th Straight Session, Looks Set To Scale New Peak

The Canadian market is up in positive territory, extending gains to an eighth straight session, as the undertone continues to remain firm amid easing concerns about tariffs, and the recent data showing a smaller than expected increase in U.S. consumer price inflation in the month of April.
RTTNews | Pred 6 h 39 min
U.S. Homebuilder Confidence Unexpectedly Slumps In May

U.S. Homebuilder Confidence Unexpectedly Slumps In May

Reflecting growing uncertainties stemming from elevated interest rates, tariff concerns, building material cost uncertainty and the cloudy economic outlook, the National Association of Home Builders released a report on Thursday showing an unexpected slump by U.S. homebuilder confidence in the month of May.
RTTNews | Pred 6 h 50 min