DAX Edges Higher In Lackluster Trade

RTTNews | 1446 days ago
Stocktwits
DAX Edges Higher In Lackluster Trade

(RTTNews) - German stocks edged higher on Monday after suffering heavy losses last week on fears of a regional recession.

Italian political developments remained in focus after a coalition led by Giorgia Meloni's archconservative Brothers won a decisive victory in the country's snap election.

In economic releases, the Ifo institute said its business climate index fell to 84.3 from 88.5 in August, with both the current assessment component and expectations dropping significantly.

Expectations are now at their lowest level since the financial crisis as a result of high inflation and concerns over its implications on corporate costs and consumer demand.

The benchmark DAX was up 21 points, or 0.2 percent, at 12,304 after falling around 2 percent on Friday.

Stocktwits
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UK Stocks Rise On GDP Growth, Oil Price Decline

UK Stocks Rise On GDP Growth, Oil Price Decline

UK stocks advanced Friday as July GDP growth of 0.4% beat expectations and oil prices tumbled following downward IEA demand revisions. The FTSE 100 reached 10,674.52, up 0.61% despite ongoing US-Iran concerns.
RTTNews | 12 minutes ago
Indian Shares End Off Day's Lows As Oil Prices Ease

Indian Shares End Off Day's Lows As Oil Prices Ease

Indian shares ended Friday's session lower as Middle East tensions persisted, and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.
RTTNews | 1h 8min ago
German Stocks Move Modestly Higher As Oil Prices Fall Sharply

German Stocks Move Modestly Higher As Oil Prices Fall Sharply

German stocks moved higher on Friday, recovering from losses posted in the previous two sessions, as oil prices fell sharply following the International Energy Agency (IEA) revising downward its world oil demand forecast for the year.
RTTNews | 1h 24min ago
NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the European session Friday.
RTTNews | 2h 5min ago
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