DAX Sees Modest Gains In Cautious Trade
(RTTNews) - German stocks were seeing modest gains on Monday as investors assessed the outlook for inflation and economic growth.
Traders will monitor U.S. consumer price inflation data and retail sales figures due this week for a better understanding of how the Federal Reserve would pull off a soft landing.
The benchmark DAX was up 35 points, or 0.2 percent, at 15,343 after losing 1.4 percent on Friday.
Asian markets ended broadly lower earlier in the day, while U.S. stock futures were down after the S&P 500 and Nasdaq ended their worst week in nearly two months.
The euro traded lower against the dollar for a second straight session, hitting five-week lows amid a widening policy gap between Europe and the United States.
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Canadian Market Looks Set To End Week On A Firm Note
The Canadian market remains firmly placed in positive territory Thursday afternoon, lifted by gains in communications, technology and real estate sectors recording impressive gains.
Despite concerns about tariff and fears of a trade war, the mood in the market remains fairly bullish.
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Pred 5 h 5 min
Swiss Market Ends On Buoyant Note
The Switzerland market closed on a buoyant note on Thursday with stocks from across several sectors moving higher on sustained buying interest amid optimism about earnings and hopes of some interest rate cuts by central banks.
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Pred 6 h 0 min
European Stocks Closed On Firm On Earnings, Slightly Easing Geopolitical Concerns
European markets closed higher on Thursday, and several indexes climbed to fresh record or multi-month highs, as investors picked up stocks, reacting to earnings and on hopes of an end to the war in Ukraine.
Hopes of more monetary easing by central banks, and optimism about an end to the ongoing war in Ukraine contributed to markets' upmove.
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Pred 6 h 30 min
U.S. Dollar Drops On Russia-Ukraine Peace Hopes
The U.S. dollar weakened against its major counterparts in the New York session on Thursday, amid optimism about ending the Russia-Ukraine war.
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Pred 6 h 58 min
U.S. Producer Price Growth Slightly Exceeds Estimates In January
Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January. The Labor Department said its producer price index for final demand rose by 0.4 percent in January after climbing by an upwardly revised 0.5 percent in December.
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Pred 10 h 0 min
U.S. Jobless Claims Dip Slightly More Than Expected To 213,000
First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 213,000, a decrease of 7,000 from the previous week's revised level of 220,000.
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Pred 10 h 5 min
Siemens Q1 Net Profit Surges, Orders Down; Backs FY25 View; Stock Up
Shares of Siemens AG were gaining around 6 percent in the German trading on the XETRA after the conglomerate on Thursday reported significantly higher profit in its first quarter, benefited by a gain on sale of Innomotics, and confirmed fiscal 2025 comparable revenue growth outlook. This was despite reporting weak earnings from continuing operations and orders in the quarter.
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Pred 10 h 52 min
U.S. Producer Prices Rise Slightly More Than Expected In January
Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January.
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Pred 11 h 30 min
