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European Stocks Gain On Soft Inflation Data

European Stocks Gain On Soft Inflation Data

European stocks are broadly higher on Wednesday thanks to soft inflation data from the U.K., and rising expectations that the Federal Reserve's rate hiking cycle will end soon.
RTTNews | 770 gün önce
DAX Rises Amidst Easing Inflation

DAX Rises Amidst Easing Inflation

he DAX benchmark of the Frankfurt bourse gained on Wednesday as markets took cognizance of the easing in inflation in the euro area as well as the U.K.
RTTNews | 770 gün önce
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Volvo Group Q2 Results Climb, Orders Down; Stock Dips

Volvo Group Q2 Results Climb, Orders Down; Stock Dips

Shares of Volvo Group were losing around 3 percent in the morning trading in Sweden after the commercial vehicle manufacturer reported Wednesday lower orders in its second quarter amid weakening demand, even as profit and net sales increased from last year. Further, the company raised its forecast for annual industry-wide heavy truck sales in Europe and North America.
RTTNews | 770 gün önce
Asian Stocks Close On A Positive Note

Asian Stocks Close On A Positive Note

Asian markets finished trading on a positive note, tracking Wall Street's gains a day earlier. A positive surprise on inflation from U.K. also supported sentiment.
RTTNews | 770 gün önce
UK Inflation Eases More Than Expected To 15-month Low

UK Inflation Eases More Than Expected To 15-month Low

UK consumer price inflation slowed more than expected to a 15-month low in June, strengthening the case for a quarter point rate hike from the Bank of England rather than an aggressive half a percentage point increase at the August meeting. The consumer price index, or CPI, posted an annual increase of 7.9 percent in June, which was slower than the 8.7 percent rise in May.
RTTNews | 770 gün önce
U.K. Inflation Surprise Seen Lifting European Markets

U.K. Inflation Surprise Seen Lifting European Markets

Markets in Europe are expected to open on a firm note on Wednesday amidst expectations of a softening in the monetary policy outlook. The more-than-expected decline in inflation in the U.K. is expected to drive the positive sentiment.
RTTNews | 770 gün önce

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