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DAX Rises On Solid GDP Data

RTTNews | 869 दिनों पहले

DAX Rises On Solid GDP Data

(RTTNews) - German stocks advanced on Thursday after GDP data for second quarter came in better than expected, lifted by household and government spending.

German GDP grew 0.1 percent sequentially and 1.8 percent year-on-year, beating expectations for stagnation in the three months to June, data showed.

Additionally, the country's Ifo business confidence fell in August but topped expectations.

The European Central Bank releases the accounts of the monetary policy meeting of the governing council held on July 20 and 21 later today that are likely to sound hawkish.

The benchmark DAX climbed 95 points, or 0.7 percent, to 13,315 after gaining 0.2 percent the previous day.

Online food-delivery firm Delivery Hero fell 2.3 percent after posting a wider loss for the first-half.

Evotec AG gained 1 percent. The drug maker said that it is acquiring Central Glass Germany GmbH from the Japanese chemical maker, Central Glass Co. Ltd.

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Swiss Franc Slides Against Majors

Swiss Franc Slides Against Majors

The Swiss franc weakened against other major currencies in the European session on Friday.

RTTNews | 7घंटे 1 मिनट पहले

Sensex, Nifty Extend Losses For Third Day; IT Stocks Climb After TCS Results

Sensex, Nifty Extend Losses For Third Day; IT Stocks Climb After TCS Results

Indian shares ended slightly lower on Friday to extend their losing streak for a third day running due to concerns over a weakening rupee, rising oil prices and continued FII outflows amidst global uncertainties.

RTTNews | 7घंटे 11 मिनट पहले

FTSE 100 Down Marginally As Market Awaits U.S. Jobs Data

FTSE 100 Down Marginally As Market Awaits U.S. Jobs Data

U.K.'s benchmark stock index FTSE 100 is down marginally Friday morning with stocks moving in a narrow range as investors largely refrain from making significant moves while awaiting the crucial U.S. jobs data due later in the day.

RTTNews | 7घंटे 31 मिनट पहले

CAC 40 Pares Modest Early Gains, Down Marginally In Cautious Trade

CAC 40 Pares Modest Early Gains, Down Marginally In Cautious Trade

French stocks are turning in a mixed performance Friday morning with investors digesting the data on industrial production and consumer spending, and looking ahead to U.S. jobs data.

RTTNews | 7घंटे 52 मिनट पहले

DAX Roughly Flat In Cautious Trade

DAX Roughly Flat In Cautious Trade

German stocks are up marginally in cautious trade Friday morning as investors await U.S. non-farm payroll for some clarity about the outlook on Federal Reserve's possible moves with regard to interest rates. The mood is quite subdued amid a lack of fresh economic and corporate news, and due to the yields on Germany's long-term 10-year bond hitting muti-month highs.

RTTNews | 8घंटे 18 मिनट पहले

European Shares Mixed Ahead Of US Jobs Data

European Shares Mixed Ahead Of US Jobs Data

European stocks struggled for direction on Friday as bond yields remained elevated ahead of the all-important U.S. jobs report due later in the day.

RTTNews | 8घंटे 25 मिनट पहले

Asian Shares Retreat On China Concerns

Asian Shares Retreat On China Concerns

Asian stocks retreated on Friday as the U.S. jobs report loomed, China growth worries persisted, and traders remained on alert for a rising risk of Japanese authorities intervening to support the yen.

RTTNews | 8घंटे 53 मिनट पहले

Yen Falls As Traders Doubt On BoJ Rate Hike

Yen Falls As Traders Doubt On BoJ Rate Hike

The Japanese yen weakened against major currencies in the Asian session on Friday, as investors continued to have doubts about whether the Bank of Japan (BoJ) would likely raise interest rates once more.

RTTNews | 9घंटे 45 मिनट पहले

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