DAX Edges Higher Ahead Of Inflation Data
(RTTNews) - German stocks eked out modest gains on Tuesday as nationwide unrest in China over COVID curbs eased and the country said it would bolster vaccination among its senior citizens, a move regarded by health experts as crucial to reopening the world's second-largest economy.
In economic releases, German inflation data for November and final November consumer confidence data for the euro zone are expected later in the session.
The benchmark DAX was up 41 points, or 0.3 percent, at 14,424 after losing 1.1 percent in the previous session.
Brenntag SE shares rose over 1 percent. The chemicals distributor confirmed a Bloomberg News report that it's mulling the acquisition of U.S. distributor Univar Solutions Inc.
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FTSE 100 Hits Fresh Record High
U.K. stocks are up in positive territory Friday morning, and the benchmark FTSE 100 looks set to end the month with a strong gain, as the mood remains a bit bullish amid optimism about more monetary easing by central banks in the coming months.
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5h 56min ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Friday.
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6h 14min ago
German Unemployment Rises Marginally
Germany's unemployment rose slightly and job vacancies decreased in January as the manufacturing sector faces severe downturn, official data revealed on Friday. The number of people out of work increased by 11,000 in January after rising 10,000 in December, the Federal Employment Agency said. Unemployment was expected to increase more sharply by 14,000.
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6h 23min ago
Sensex, Nifty Extend Gains With All Eyes On Budget 2025
Indian shares ended higher for a fourth straight session on Friday, with optimism around upcoming Union Budget and expectations for a rate cut by RBI next week helping underpin sentiment.
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6h 30min ago
CAC 40 Modestly Higher After Inflation Data
French stocks are up in positive territory Friday morning, as investors continue to cheer the European Central Bank's rate cut decision and the dovish remarks suggesting the possibility of more monetary easing in the coming months.
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6h 40min ago
UK House Price Growth Slows More Than Forecast
UK house prices growth slowed more than expected in January largely reflecting high mortgage rates, data published by the Nationwide Building Society showed on Friday. House prices gained only 0.1 percent in January. This follows a 0.7 percent increase in December and also came in weaker than economists' forecast of 0.3 percent.
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7h 36min ago
DAX Advances, Hovers Around Record High
German stocks are edging higher in cautious trade Friday morning with investors digesting the nation's retail sales and unemployment data, and looking ahead to the consumer price inflation report due later in the day.
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7h 38min ago
European Shares Extend Gains On ECB's Dovish Outlook
European stocks hit new record highs on Friday, a day after the European Central Bank delivered a widely expected 25-basis point interest-rate cut and guided for a further reduction in March due to concerns about economic growth.
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7h 51min ago
