DAX Little Changed After Inflation Data

RTTNews | 725 hari yang lalu
DAX Little Changed After Inflation Data

(RTTNews) - German stocks were little changed on Friday after new data on U.S. consumer price inflation generated mixed reactions from analysts.

Closer home, Germany's consumer price inflation eased further as initially estimated in September to the lowest level in just over three-and-a-half years, Destatis reported earlier today.

The consumer price index registered an annual increase of 1.6 percent in September, slower than the 1.9 percent rise in August. That was in line with the flash data published on September 30.

Further, this was the lowest inflation rate since February 2021, when prices had risen 1.5 percent.

Inflation, based on the harmonized index of consumer prices, also decelerated to 1.8 percent in September from 2.0 percent a month ago.

The benchmark DAX was marginally higher at 19,219 after declining 0.2 percent on Thursday.

In corporate news, online retailer Zalando rose 1.2 percent after raising its financial outlook for 2024.

Auto major Porsche AG gained more than 1 percent despite reporting weak deliveries in the first nine months of fiscal 2024.

baca selengkapnya
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market closed on a firm note on Tuesday, tracking global markets, as oil prices fell and bond yields dropped.
RTTNews | 59 menit yang lalu
U.S. Trade Deficit Widens To Seventeen-Month High In August

U.S. Trade Deficit Widens To Seventeen-Month High In August

A report released by the Commerce Department on Tuesday showed the U.S. trade deficit widened by more than expected in the month of August. The Commerce Department said the trade deficit increased to $105.6 billion in August from a revised $92.8 billion in July.
RTTNews | 5 jam 5 menit yang lalu
German Factory Orders Plunge

German Factory Orders Plunge

Germany's factory orders declined sharply in August largely due to the fall in demand for aircraft, ships, trains and military vehicles, official data revealed Tuesday. Factory orders plunged 10.6 percent from the previous month, in contrast to the 3.2 percent rise in July, Destatis reported. Orders were forecast to decrease moderately by 0.9 percent.
RTTNews | 5 jam 30 menit yang lalu
Canadian Stocks Poised For Positive Open Amid Easing Oil Prices

Canadian Stocks Poised For Positive Open Amid Easing Oil Prices

Higher Canadian and U.S. futures, declining oil prices, and lower global bond yields suggest a positive market open on Bay Street Tuesday. West Texas Intermediate Crude fell 2.63% to $87.08 per barrel, while gold and silver futures gained.
RTTNews | 6 jam 18 menit yang lalu
Euro Rises Amid Risk-on Mood

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Tuesday, as European stocks traded higher as Brent crude prices dipped below $100 a barrel on signs of resilient Middle Eastern crude exports and Euro zone bond yields fell, helping reduce the spread between French and German 10-year yields.
RTTNews | 7 jam 0 menit yang lalu