DAX Edges Higher In Cautious Trade

RTTNews | 40 days ago
Stocktwits
DAX Edges Higher In Cautious Trade

(RTTNews) - German stocks traded slightly higher on Friday, a day after the European Central Bank (ECB) cut its deposit rate by 25 basis points to 3.25 percent, citing sluggish economic growth and easing inflation.

According to its quarterly survey of professional forecasters, the ECB sees inflation falling to 1.9 percent in 2025 from a previous forecast of 2 percent. The projections for 2024 and 2026 were kept unchanged at 2.4 percent and 1.9 percent.

The benchmark DAX was up 48 points, or 0.3 percent, at 19,631 after rising 0.8 percent on Thursday.

In corporate news, Stratec SE shares fell more than 2 percent.

The maker of analyzer and automation systems for In-Vitro-Diagnostic reported that preliminary consolidated sales for the first nine months of 2024 declined to 176.3 million euros from 187.7 million euros last year.

Stocktwits
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Sensex, Nifty End Slightly Higher As Adani Group Stocks Rebound

Sensex, Nifty End Slightly Higher As Adani Group Stocks Rebound

Indian shares eked out modest gains on Wednesday as the dollar slipped in international markets and a ceasefire deal between Israel and Hezbollah militants in Lebanon came into effect in the early hours today, denting oil's risk premium.
RTTNews | 5h 7min ago
FTSE 100 Modestly Higher In Cautious Trade

FTSE 100 Modestly Higher In Cautious Trade

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DAX Slips Into Red With Banks, Autos Pacing Declines

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RTTNews | 6h 40min ago
Asian Shares Mixed As Tariff Concerns Persist

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Asian stocks turned in a mixed performance on Wednesday as official data showed China's industrial profits fell again in October but less sharply than in September.
RTTNews | 7h 5min ago
U.S. Dollar Falls On Donald Trump's Tariff Plan

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RTTNews | 7h 20min ago
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