DAX Rebounds As Consumer Sentiment Improves

RTTNews | 776 days ago
Stocktwits
DAX Rebounds As Consumer Sentiment Improves

(RTTNews) - German stocks edged higher on Wednesday after a survey showed the country's consumer sentiment is set to improve in January for the third straight month amid government measures to curb rising energy costs.

Survey results from the market research group GfK showed that the forward-looking consumer sentiment index rose to -37.8 in January from -40.1 in December. Economists had forecast a score of 38.0.

The benchmark DAX was up 61 points, or 0.4 percent, at 13,945 after losing 0.4 percent the previous day.

Uniper surged 6 percent after the European Commission conditionally approved the nationalization of the troubled gas giant.

Aurubis shares tumbled 5 percent. The copper smelter scrapped its existing dividend policy and announced 530 million euro of growth-oriented investments.

Stocktwits
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Commodity Currencies Advance After Trump's Tariff Delay

Commodity Currencies Advance After Trump's Tariff Delay

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as traders reacted positively to U.S. President Donald Trump's latest decision to delay imposing the planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the U.S. Fed to keep interest rates on hold for longer.
RTTNews | 6h 52min ago
Sensex, Nifty Open Higher As Tariff Worries Ease

Sensex, Nifty Open Higher As Tariff Worries Ease

Indian shares were sharply higher in early trade on Tuesday and the rupee opened higher after U.S. President Donald Trump delayed tariffs on Mexico and Canada for a month, and said he'd hold further talks with China.
RTTNews | 9h 15min ago
Asian Markets A Sea Of Green

Asian Markets A Sea Of Green

Asian stock markets a sea of green on Tuesday, despite the negative cues from Wall Street overnight, as traders react positively to US President Donald Trump's latest decision to delay imposing planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the US Fed to keep interest rates on hold for longer.
RTTNews | 10h 34min ago
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