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DAX Slightly Higher As Inflation Eases
(RTTNews) - German stocks were seeing marginal gains on Friday after official data showed inflation in the country fell to 3.1 percent in January year-over-year from 3.8 percent in December - confirming preliminary data.
Markets eagerly await annual revisions to the seasonal adjustment factors for U.S. consumer price data, due later in the day.
The benchmark DAX edged up 0.1 percent to 16,984 after rising 0.3 percent in the previous session.
Medical technology company Carl Zeiss Meditec soared 12 percent despite posting a decline in Q1 EBIT earnings.
Consumer electronic firm Ceconomy lost more than 3 percent after sales for the first quarter dropped slightly to 7.0 billion euros.
Banks Commerzbank and Deutsche Bank were modestly higher.
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Pred 2 h 26 min
Swiss Market Ends On Firm Note
The Switzerland market closed on a firm note on Wednesday, despite struggling for support mid way through the day's trading session. Investors largely made their moves, reacting to the most recent earnings updates.
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Pred 2 h 50 min
European Stocks Close Mostly Higher
European stocks closed mostly higher on Wednesday on rising optimism about a rate cut by the Federal Reserve in September, and easing trade and geopolitical tensions. Gains were somewhat modest in several markets and traders chose to stay cautious at higher levels, choosing to wait for more economic data, and news from the tariff front.
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Pred 3 h 8 min
Bay Street Likely To Open On Positive Note
Canadian stocks may open higher on Wednesday, amid continued optimism about Fed interest rate cut, and easing geopolitical tensions ahead of talks between U.S. President Donald Trump and Russian President Vladimir Putin that is scheduled to take place on Friday.
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Pred 7 h 52 min
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RTTNews
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Pred 8 h 17 min
FTSE 100 Modestly Higher; Beazley Plunges Sharply
U.K. stocks are turning in a mixed performance on Wednesday with investors reacting to earnings, and awaiting fresh data and trade news for directional clues.
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Pred 8 h 24 min
CAC 40 Up Nearly 0.5%; Essilor Rises Sharply
French stocks are gaining some ground in positive territory on Wednesday, extending previous session's rise, amid continued optimism the Fed will reduce interest rate next month, and on slightly easing concerns about tariff after the U.S. decided to extend its pause on higher tariffs against China till November 10.
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Pred 9 h 29 min
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The German market is up firmly in positive territory on Wednesday, with stocks from several sectors posting solid gains, amid expectations of a rate cut by the Federal Reserve next month, and on hopes that the impact of tariffs on growth will be less severe than feared earlier. Investors are also digesting the nation's inflation data.
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Pred 9 h 55 min
