DAX Inches Higher In Lackluster Trade

RTTNews | Pred 907 dňami
DAX Inches Higher In Lackluster Trade

(RTTNews) - German stocks opened on a positive note Monday as bond yields pulled back ahead of key events this week, including Fed Chair Jerome Powell's congressional testimony Tuesday and Wednesday, and the release of all-important U.S. jobs report on Friday.

The dollar edged lower in early European trade amid a modest pullback in U.S. Treasury yields following mixed comments from Fed Gov. Chris Waller and Atlanta Fed President Raphael Bostic last week.

Meanwhile, data showed earlier in the day that a measure of German construction PMI reached a 11-month high in February.

The benchmark DAX was up 23 points, or 0.2 percent, at 15,601 after rallying 1.6 percent on Friday.

Among the top gainers, Commerzbank, Fresenius Medical Care, Porsche and Vonovia climbed 1-2 percent.

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Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | Pred 2 h 44 min
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | Pred 3 h 12 min
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | Pred 6 h 16 min
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | Pred 6 h 59 min
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | Pred 7 h 29 min