DAX Little Changed As Early Rate-cut Hopes Fade

RTTNews | Pred 631 dňami
DAX Little Changed As Early Rate-cut Hopes Fade

(RTTNews) - German stocks were little changed on Wednesday as hotter-than-expected U.S. inflation data dented hopes for early rate cuts and geopolitical tensions continued in the Middle East and eastern Europe.

The benchmark DAX was marginally lower at 16,875 after declining 0.9 percent in the previous session.

Industrial services provider Bilfinger jumped 5.6 percent after bagging a large-scale maintenance contract from INEOS for the Forties Pipeline System.

Thyssenkrupp shares plummeted 9 percent after the engineering and steel conglomerate cut its full-year sales and profit targets, citing weakening demand and impairment losses in its fiscal first quarter.

Delivery Hero soared 4.5 percent. The online food company said it expects its organic cash flow generation to be more than sufficient to settle bond and debt maturities.

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Asian Shares Bounce Back On Strong US Data

Asian Shares Bounce Back On Strong US Data

Asian markets rose on Thursday after two days of declines. Traders pondered the outlook for interest rates after the release of strong U.S. economic data and the announcement of 2025 election results, which were good to Democrats with wins in several major races, including governor's races in two states.
RTTNews | Pred 1 h 4 min
U.S. Dollar Falls Amid Risk-off Mood

U.S. Dollar Falls Amid Risk-off Mood

The U.S. dollar weakened against other major currencies in the Asian session on Thursday amid increased risk-off sentiment, as some traders looked to pick up stocks at reduced levels following the recent sell-off. Traders also react to upbeat private U.S. economic data and growing expectations that the U.S. Supreme Court may reject the Trump administration's aggressive trade policy.
RTTNews | Pred 1 h 9 min
German Industrial Production Recovers In September

German Industrial Production Recovers In September

Germany's industrial production recovered in September driven by the rebound in the auto industry, official data revealed on Thursday. Industrial output expanded 1.3 percent from August, when it was down 3.7 percent, Destatis reported. Economists had forecast a monthly growth of 3.0 percent. Year-on-year, industrial production logged a slower decline of 1.0 percent, following a 3.6 percent fall.
RTTNews | Pred 1 h 27 min
European Economic News Preview: Bank Of England Set To Hold Rates

European Economic News Preview: Bank Of England Set To Hold Rates

The Bank of England is expected to hold its benchmark rate on Thursday as policymakers await the Autumn Budget announcement. Markets widely expect the BoE to maintain the bank rate at 4.00 percent in a split vote. The current rate is the lowest since early 2023. The policy decision is due at 7.00 am ET.
RTTNews | Pred 3 h 3 min
European Shares Set For A Firm Start

European Shares Set For A Firm Start

European stocks are seen opening broadly higher on Thursday as solid U.S. private sector employment and services sector activity data helped calm investor worries about stretched valuations.
RTTNews | Pred 3 h 59 min
Sensex, Nifty Open Higher On Firm Global Cues

Sensex, Nifty Open Higher On Firm Global Cues

Indian shares opened a tad higher on Thursday, mirroring mostly positive cues from global markets as solid U.S. private sector employment and services sector activity data helped calm investor worries about stretched valuations.
RTTNews | Pred 4 h 58 min
Australian Market Halves Its Early Gains In Mid-market

Australian Market Halves Its Early Gains In Mid-market

The Australian market is halving its early gains in mid-market moves on Thursday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains across most sectors led by mining and energy stocks amid rebounding commodity prices.
RTTNews | Pred 6 h 14 min