DAX Edges Higher On Improved PMI Data

RTTNews | 566天前
DAX Edges Higher On Improved PMI Data

(RTTNews) - German stocks traded slightly higher on Thursday after a survey showed the downturn in the economy eased in November.

The HCOB Flash Composite Purchasing Managers' Index (PMI), compiled by S&P Global, rose to a four-month high of 47.1 from 45.9 in October.

The benchmark DAX was up 21 points, or 0.1 percent, at 15,978 after rising 0.4 percent in the previous session.

Wind turbine maker Nordex fell 0.7 percent despite bagging on order from BioConstruct GmbH, a renewable energy solutions provider, to supply and install six N163/6.X turbines for the Bosel-West wind farm in Lower Saxony, Germany.

Kontron rose about 1 percent after an announcement that it has achieved another design win with revenues of around 50 million euros.

read more
Swiss Market Fails To Hold Early Gains, Settle Modestly Lower

Swiss Market Fails To Hold Early Gains, Settle Modestly Lower

The Switzerland market ended modestly lower on Wednesday despite spending much of the day's trading session in positive territory. Although the market gained some ground in positive territory, reacting to news about U.S. and Chinese officials reaching a framework to implement the Geneva consensus following two days of discussions in London, the mood turned cautious later on in the session.
RTTNews | 1小时38分钟前
European Stocks Pare Early Gains, Close Mostly Lower

European Stocks Pare Early Gains, Close Mostly Lower

Despite U.S. and Chinese officials announcing an agreement in principle on a framework to ease trade disputes, European stocks failed to hold early gains and closed mostly lower on Wednesday, with the mood turning cautious as the plan is subject to approval by the presidents of the two nations.
RTTNews | 1小时58分钟前
ECB Indicator Shows Eurozone Wage Growth To Slow Sharply To 3.1% This Year

ECB Indicator Shows Eurozone Wage Growth To Slow Sharply To 3.1% This Year

A measure, based on the collective bargaining agreements in the euro area, suggested that negotiated wage growth is set to ease significantly this year, the European Central Bank said on Wednesday, which adds to expectations of inflation staying near the 2 percent target.
RTTNews | 4小时54分钟前
U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May. The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.
RTTNews | 6小时5分钟前
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.
RTTNews | 6小时53分钟前