DAX Little Changed As Early Rate-cut Hopes Fade

RTTNews | 628 ngày trước
DAX Little Changed As Early Rate-cut Hopes Fade

(RTTNews) - German stocks were little changed on Wednesday as hotter-than-expected U.S. inflation data dented hopes for early rate cuts and geopolitical tensions continued in the Middle East and eastern Europe.

The benchmark DAX was marginally lower at 16,875 after declining 0.9 percent in the previous session.

Industrial services provider Bilfinger jumped 5.6 percent after bagging a large-scale maintenance contract from INEOS for the Forties Pipeline System.

Thyssenkrupp shares plummeted 9 percent after the engineering and steel conglomerate cut its full-year sales and profit targets, citing weakening demand and impairment losses in its fiscal first quarter.

Delivery Hero soared 4.5 percent. The online food company said it expects its organic cash flow generation to be more than sufficient to settle bond and debt maturities.

read more
Swiss Franc Falls Amid Disappointing Swiss CPI Data

Swiss Franc Falls Amid Disappointing Swiss CPI Data

The Swiss franc weakened against other major currencies in the European session on Monday, after data showed that Switzerland's consumer price inflation slowed unexpectedly in October after remaining stable in the previous two months.
RTTNews | 2h 24phút trước
European Economic News Preview: Eurozone Final Factory PMI Due

European Economic News Preview: Eurozone Final Factory PMI Due

Factory purchasing managers' survey results from the euro area and the UK are the top economic news due on Monday. At 2.30 am ET, the Federal Statistical Office publishes Swiss consumer prices for October. Inflation is forecast to rise to 0.3 percent from 0.2 percent in September. At 3.15 am ET, Spain's manufacturing PMI survey data is due.
RTTNews | 4h 17phút trước
European Shares Set For Mixed Open

European Shares Set For Mixed Open

European stocks are seen opening broadly higher on Monday, though French markets may drift lower after the National Assembly voted down dual proposals to tax the ultra-wealthy, dealing a blow to left-wing lawmakers who had made fiscal reform their condition for passing the budget.
RTTNews | 5h 45phút trước
Sensex, Nifty Struggle For Direction In Early Trade

Sensex, Nifty Struggle For Direction In Early Trade

Indian shares struggled for direction on Monday ahead of a big week for earnings, with around 200 prominent companies scheduled to report their quarterly earnings results.
RTTNews | 6h 46phút trước
Australian Market Slashes Early Losses In Mid-market

Australian Market Slashes Early Losses In Mid-market

The Australian stock market is slashing its early losses in mid-market trading on Monday, but extending the losses in the previous four sessions, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying below the 8,850 level, with weakness in materials stocks partially offset by gains in energy, financial and technology stocks.
RTTNews | 7h 57phút trước