DAX Edges Lower In Lackluster Trade

RTTNews | 910 dagar sedan
DAX Edges Lower In Lackluster Trade

(RTTNews) - German stocks edged lower on Monday as investors assessed the outlook for inflation, interest rates and economic growth.

In economic releases, German producer price inflation eased more-than-expected in October to reach its lowest level in four months, data from Destatis showed.

Producer prices climbed 34.5 percent year-over-year in October, slower than the 45.8 percent surge in September. That was also well below the 41.5 percent rise expected by economists.

On a monthly basis, producer prices decreased 4.2 percent in October, reversing a 2.3 percent rise in September.

The benchmark DAX dipped 51 points, or 0.4 percent, to 14,380 after rising 1.2 percent on Friday.

Commerzbank gained 0.7 percent. The lender said on Saturday that former Bundesbank president Jens Weidmann would replace Helmut Gottschalk next year as head of its supervisory board.

read more
Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU

Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU

Eurozone economic growth outlook was downgraded substantially for 2025 due to the impact of higher trade tariffs and elevated uncertainty and disinflation would proceed more swiftly than anticipated with headline inflation set to hit the 2 percent target by the middle of this year, the European Commission said Monday.
RTTNews | 1h 1minuter sedan
Dollar Index Extends Gains On Trade Deal Optimism

Dollar Index Extends Gains On Trade Deal Optimism

Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.
RTTNews | 2h 27minuter sedan
FTSE 100 Drifts Lower In Cautious Trade

FTSE 100 Drifts Lower In Cautious Trade

U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.
RTTNews | 3h 2minuter sedan
CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.
RTTNews | 3h 46minuter sedan
DAX Down Marginally In Cautious Trade

DAX Down Marginally In Cautious Trade

German stocks are exhibiting weakness on Monday in cautious trade after recent gains. Investors are assessing possible risks to global economic growth due to geopolitical tensions and tariff uncertainty, as well as a downgrade in U.S. sovereign debt.
RTTNews | 4h 11minuter sedan