DAX Edges Lower Ahead Of ECB Rate Decision

RTTNews | 897 days ago
Stocktwits
DAX Edges Lower Ahead Of ECB Rate Decision

(RTTNews) - German stocks edged lower on Thursday ahead of an ECB rate decision, with the central bank expected to announce a 75-bps rate hike to dampen inflation.

The downside remained capped after survey results from the market research group GfK showed that German consumer confidence is set to improve in November.

The forward-looking consumer sentiment index rose to -41.9 in November, in line with expectations, from revised -42.8 in October.

As long as inflation remains high and there are concerns about energy supply, the consumer climate will not be able to recover noticeably and sustainably, said Rolf Bürkl, GfK consumer expert.

The benchmark DAX dropped 29 points, or 0.2 percent, to 13,166 after rallying 1.1 percent in the previous session.

Daimler Truck Holding AG gained nearly 3 percent. The company said that its third quarter preliminary adjusted earnings before interest and taxes (EBIT) climbed 159 percent year-over-year to 1.27 billion euros, reflecting significant increase in unit sales in combination with good price realization.

Meal kit company HelloFresh added 1.8 percent after reporting strong revenue growth in the third quarter.

Enterprise software firm Software AG fell nearly 3 percent despite backing its FY22 view.

Airline Lufthansa added 1.7 percent after it forecast strong air travel demand in the months ahead.

Stocktwits
read more
U.S. Consumer Sentiment Index Tumbles Much More Than Expected In April

U.S. Consumer Sentiment Index Tumbles Much More Than Expected In April

Preliminary data released by the University of Michigan on Friday showed a continued slump by U.S. consumer sentiment in the month of April. The University of Michigan said its consumer sentiment index tumbled to 50.8 in April after plunging to 57.0 in March. Economists had expected the consumer sentiment index to fall to 54.5.
RTTNews | 11h 7min ago
CPSC Recalls: Fisher-Price Toys, OTC Cold Medicine, Youth ATVs, Baby Bath Seats, High Chairs

CPSC Recalls: Fisher-Price Toys, OTC Cold Medicine, Youth ATVs, Baby Bath Seats, High Chairs

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including Fisher-Price Stroller Toys and Tissue Box Toys, over-the-counter or OTC cold medicine, youth All-Terrain Vehicles or ATVs, baby bath seats, and high chair activity centers, among others. Toy maker Fisher-Price Inc., owned by Mattel, Inc., recalled about 253,000 units of Brunch & Go Stroller Toys.
RTTNews | 11h 28min ago
U.S. Producer Prices Unexpectedly Decrease In March, Annual Growth Slows

U.S. Producer Prices Unexpectedly Decrease In March, Annual Growth Slows

On the heels of yesterday's report showing a surprise dip by U.S. consumer prices, the Labor Department released a separate report on Friday showing U.S. producer prices also unexpectedly decreased in the month of March. The Labor Department said its producer price index for final demand fell by 0.4 percent in March after inching up by a revised 0.1 percent in February.
RTTNews | 13h 1min ago
U.S. Producer Prices Unexpectedly Fall 0.4% In March

U.S. Producer Prices Unexpectedly Fall 0.4% In March

On the heels of yesterday's report showing a surprise dip by U.S. consumer prices, the Labor Department released a separate report on Friday showing U.S. producer prices also unexpectedly decreased in the month of March.
RTTNews | 14h 13min ago
Bay Street May Open On Positive Note

Bay Street May Open On Positive Note

Canadian shares are likely to open higher on Friday, led by gains in the materials sectors thanks to rising metal prices. Gold prices climbed to record highs past $3,200 an ounce mark. Escalating tensions between China and the U.S. could weigh on sentiment and cap market's upside.
RTTNews | 14h 13min ago
JPMorgan Stock Gains On Q1 Results Above Street, AUM Strength

JPMorgan Stock Gains On Q1 Results Above Street, AUM Strength

Shares of JPMorgan Chase & Co. were gaining around 2 percent in the pre-market activity on the NYSE after the banking major reported Friday higher profit and revenues in its first quarter, both above market estimates, despite significant growth in provision for credit losses. Assets under management climbed from last year, driven by continued net inflows and higher market levels.
RTTNews | 14h 37min ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading Courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Press Release
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.