DAX Up Marginally In Cautious Trade

RTTNews | 149 days ago

(RTTNews) - German stocks are turning in a mixed performance Wednesday morning with investors reacting to corporate earnings and looking ahead to fresh round of discussions between the U.S. and Iran.

According to media reports, teams from the U.S. and Iran are likely to return to Pakistan later this week for a fresh round of talks. U.S. President Donald Trump reportedly told Fox News that he views the war was very close to being over. The President said that talks could resume "within the next two days".

The United States has reportedly set out two new conditions before restarting negotiations.

Washington wants full and unrestricted reopening of the Strait of Hormuz, Israel Hayom reported, adding the Americans are sticking to a position of reciprocity.

Germany's benchmark index DAX was up 27.72 points or 0.12% at 24,062.01 a little while ago.

Bayer gained about 2.3%. Infineon Technologies moved up nearly 2% and Merck climbed 1.5%. Deutsche Boerse, Siemens Healthineers, Zalando, Rheinmetall, Siemens, Scout24, Adidas, Porsche Automobil Holding, Mercedes-Benz, Volkswagen and SAP gained 0.5%-1.1%.

BMW drifted down by about 0.7%. BMW Group announced that vehicles sales (BMW, MINI and Rolls-Royce) dropped down by 3.5% in the first quarter of 2026, compared to sales in the year-ago quarter. Demand for petrol and diesel cars stayed slightly higher than last year, BMW said.

Overall, BMW sold 87,458 fully electric vehicles worldwide, which is a 20.1% drop. In the U.S., fewer government incentives for electric cars affected sales, while demand for petrol and diesel models increased.

Fresenius Medical Care shed about 1.25%. Deutsche Bank, Commerzbank, Deutsche Telekom, Gea Group, Continental and MTU Aero Engines lost 0.5%-0.75%.

In economic news, Eurozone industrial output increased by 0.4% in March, after dropping by 0.8% in February. Industrial output was expected to rise by 0.3% in March.

U.S. Dollar Ticks Higher Amid Inflation Data Release, Expectations Of Reopening Of Strait Of Hormuz

The U.S. Dollar value inched higher as investors weighed today's inflation data that pushed the odds for a rate hike in the U.S. higher against reports of an upcoming meeting between the Gulf Cooperation Council nations and Iran to hasten the reopening of the Strait of Hormuz.

RTTNews | 5h 29min ago

TSX Climbs On Tech Rally, Looks Set To End 6-day Losing Streak

The S&P/TSX Composite Index rose 0.36% Friday to 35,634.50 as technology stocks surged 3.5%, contributing significantly to gains. Oil prices fell following International Energy Agency's downward global oil demand forecast revision.

RTTNews | 7h 45min ago

Swiss Market Ends Modestly Higher

The Switzerland stock market closed modestly higher on Friday, in line with markets across Europe, as a sharp drop in oil prices helped lift sentiment.

RTTNews | 8h 18min ago

European Markets Rise As Oil Prices Fall On IEA Demand Cut

European markets gained ground Friday after the International Energy Agency cut its global oil demand forecast, sending Brent crude futures down 3.5% to $103.50. The IEA now projects world oil demand will drop 2.5 million barrels per day this year versus its prior estimate of 1.6 million bpd.

RTTNews | 8h 41min ago

U.S. Consumer Sentiment Deteriorates Much More Than Expected In September

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than anticipated in the month of September. The University of Michigan said its consumer sentiment index slumped to 47.8 in September after tumbling to 51.7 in August. Economists had expected the index to edge down to 51.0.

RTTNews | 12h 3min ago

CPSC Recalls: 2.3 Mln Candy Bottles, Motorcycles, Dressers, Dual Fuel Ranges, Fire Spray Canisters

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including more than 2.3 million sour crush candy bottles, motorcycles, six-drawer dressers, dual fuel ranges, hair dryer brushes, and fire spray canisters, among others. In most of the recalls, consumers are urged to immediately stop using the recalled product, and contact the respective firm for either a free repair

RTTNews | 12h 11min ago

U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected

A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of August, although core prices rose by slightly more than expected. The Labor Department said its consumer price index climbed by 0.4 percent in August after inching up by 0.1 percent in July.

RTTNews | 12h 51min ago

U.S. Consumer Prices Increase In Line With Estimates In August

A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of August.

RTTNews | 13h 53min ago

EURUSD	1.1598	GBPUSD	1.3518
USDJPY	153.62	USDCAD	1.387