DAX Rises Ahead Of Inflation Data

RTTNews | 764 days ago
DAX Rises Ahead Of Inflation Data

(RTTNews) - German stocks advanced on Tuesday as investors awaited consumer price data expected to confirm the gradual easing that started last month.

Official data released earlier today showed Germany's unemployment rate held steady at seasonally adjusted 3.0 percent in November. The number of people out of work decreased 6,500 from October to 1.32 million.

On an unadjusted basis, there were 1.25 million unemployed in November.

The unemployment data for December is due from the Federal Labour Agency later today. The benchmark DAX jumped 93 points, or 0.7 percent, to 14,163 after rallying 1.1 percent the previous day.

Brenntag shares surged nearly 5 percent. The chemicals distributor said that it has decided to terminate preliminary discussions with Univar Solutions (UNVR) for a potential acquisition.

read more
Eurozone Private Sector Expands For First Time In Five Months

Eurozone Private Sector Expands For First Time In Five Months

Eurozone private sector expanded for the first time in five months in January as factory production showed a slower decline amid a softer growth in services activity, final survey results from S&P Global showed on Wednesday. The HCOB composite output index rose to 50.2 in January, in line with flash estimate, from 49.6 in December.
RTTNews | 5h 10min ago
CAC 40 Modestly Lower In Cautious Trade

CAC 40 Modestly Lower In Cautious Trade

French stocks are moving in a narrow range in cautious trades Wednesday morning amid lingering uncertainty about the Trump administration's trade policies.
RTTNews | 5h 15min ago
Sensex, Nifty End Modestly Lower After Tuesday's Rally

Sensex, Nifty End Modestly Lower After Tuesday's Rally

Indian shares ended slightly lower on Wednesday after rallying sharply the previous day on easing tariff concerns and expectations of a rate cut by the RBI later this week, which will be the first RBI policy under the new Governor Sanjay Malhotra.
RTTNews | 5h 28min ago
DAX Down Nearly 0.5%

DAX Down Nearly 0.5%

German stocks are down in negative territory Wednesday morning, with shares from the auto sector losing ground, as worries about a trade war continue to weigh on sentiment despite the U.S. government agreeing to delay the imposition of new tariffs on Mexico and Canada by 30 days.
RTTNews | 5h 45min ago
Asian Shares Mixed As Tariff Worries Persist

Asian Shares Mixed As Tariff Worries Persist

Asian shares ended mixed on Wednesday as tariff worries persisted, and a private survey showed China's services activity expanded at a slower pace in January.
RTTNews | 7h 10min ago