DAX Gains Ahead Of Key Inflation Reading

RTTNews | 519 ngày trước
DAX Gains Ahead Of Key Inflation Reading

(RTTNews) - German stocks traded slightly higher on Wednesday ahead of the release of euro zone inflation data later in the day.

Regional bond yields dipped, a day after data showed German inflation eased more than expected in March, supporting expectations that the European Central Bank will start lowering interest rates in June.

The benchmark DAX was up 42 points, or 0.2 percent, at 18,325 after losing 1.1 percent the previous day.

Siemens shares edged up slightly after the engineering firm said it was not planning to make an offer for British engineer Renishaw.

Wind turbine maker Nordex Group fell nearly 2 percent despite securing an order for a further 39 turbines from wind and solar park developer Umweltgerechte Kraftanlagen GmbH & Co. KG.

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FTSE Modestly Higher; Airline Stocks Drift Lower

FTSE Modestly Higher; Airline Stocks Drift Lower

The U.K. stock market is modestly higher in early afternoon trades on Thursday as investors making purchases at select counters amid expectations the Federal Reserve will announce an interest rate cut in its upcoming monetary policy meeting.
RTTNews | 11 phút trước
CAC 40 Down Slightly; Sanofi Tanks Nearly 10%

CAC 40 Down Slightly; Sanofi Tanks Nearly 10%

French stocks are turning in a mixed performance on Thursday with investors largely making cautious moves while looking ahead to crucial economic data, including U.S. private sector jobs data, due later in the day, and U.S. non-farm payroll employment report, due on Friday.
RTTNews | 32 phút trước
Pound Rises Amid Risk On Mood

Pound Rises Amid Risk On Mood

The British pound strengthened against other major currencies in the European session on Thursday amid risk-on mood by the investors, as a bond market sell-off stabilized and dovish Fed comments coupled with weak U.S. data reinforced rate-cut bets.
RTTNews | 48 phút trước
Sensex, Nifty End Off Day's Highs

Sensex, Nifty End Off Day's Highs

Indian shares ended Thursday's session on a positive note as global bond market worries subsided, oil extended steep overnight losses on oversupply concerns, and weak U.S. labor market data reinforced bets on a Federal Reserve interest-rate cut.
RTTNews | 1h 41phút trước
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.
RTTNews | 1h 52phút trước
DAX Up 0.32% Despite Coming Off Day's High

DAX Up 0.32% Despite Coming Off Day's High

The German market is up firmly in positive territory on Thursday, extending gains from the previous session, amid expectations the Federal Reserve will announce an interest rate cut after its monetary policy meeting next week.
RTTNews | 2h 8phút trước
Eurozone Retail Sales Fall More Than Forecast

Eurozone Retail Sales Fall More Than Forecast

Eurozone retail sales declined more than expected in July largely reflecting a notable fall in food and auto fuel sales, official data showed Thursday. Retail sales posted a monthly fall of 0.5 percent, in contrast to the 0.6 percent increase in June, Eurostat reported. Sales were expected to fall 0.3 percent.
RTTNews | 2h 26phút trước
UK Construction Sector Continues To Shrink

UK Construction Sector Continues To Shrink

The UK construction sector contracted for the eighth consecutive month in August due to marked reductions in the housing and civil engineering works, survey data published by S&P Global showed on Thursday. The construction Purchasing Managers' Index posted 45.5 in August, up from 44.3 in July. However, the score remained well below the 50.0 mark indicating sharp fall in construction output.
RTTNews | 2h 45phút trước