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DAX Edges Higher Ahead Of Eurozone Inflation Reading
(RTTNews) - German stocks traded higher on Friday after the release of favorable U.S. inflation data and ahead of euro zone inflation numbers due later in the day.
The eurozone CPI inflation is seen falling to 2.5 percent year-on-year from 2.8 percent in the previous month.
The benchmark DAX was up 0.6 percent at 17,778, heading into the European Central Bank meeting next week.
Sixt SE advanced 1.5 percent. The car rental leader outlined optimistic revenue and earnings forecast for the full year after a challenging first quarter.
Daimler Truck soared 12.4 percent. The truck maker lifted dividend and announced a share buyback program after 2023 profit topped forecasts.
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Japan Data On Tap For Friday
Japan is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are July figures for unemployment, industrial production, retail sales, housing starts and construction orders, as well as August data for household confidence and Tokyo inflation.
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43 phút trước
Euro Climbs Against Majors
The euro firmed against its major counterparts in the New York session on Thursday.
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1h 14phút trước
Swiss Market Ends Marginally Up
The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
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4h 52phút trước
European Stocks Close Weak
European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
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5h 12phút trước
Canadian Stocks Turning In Mixed Performance; TSX Down Marginally
After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.
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5h 45phút trước
U.S. Pending Home Sales Fall More Than Expected In July
A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
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8h 12phút trước
Eurozone Economic Confidence Weakens In August
Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
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8h 23phút trước
Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners
Independent retail pharmacy Walgreen Co. announced Thursday it is now operating as a private standalone company following the closure of the acquisition of Walgreens Boots Alliance, Inc. (WBA) by New York-based private equity firm Sycamore Partners.
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8h 34phút trước
