DAX Little Changed After Inflation Data
(RTTNews) - German stocks were little changed on Tuesday after rising notably in the previous session.
Underlying sentiment remained supported somewhat after data showed German inflation fell to its lowest level in more than three years in August.
A second estimate confirmed that the country's inflation slowed to 2 percent in August, its lowest level since 2021 on the back of lower energy prices.
The benchmark DAX was marginally lower at 18,440 after climbing 0.8 percent in the previous session.
Application software giant SAP SE rose half a percent after Oracle beat on the top and bottom lines for the first quarter and announced it would bring database services to cloud infrastructure market leader Amazon Web Services.
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Swiss Franc Slides Against Majors
The Swiss franc weakened against other major currencies in the European session on Friday.
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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.
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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.
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8h 25min ago
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.
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8h 51min ago
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.
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8h 58min ago
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.
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