Archive for Tag: DAX Market News

European Stocks Retreat Ahead of ECB Meeting; EasyJet Slumps on Rights Issue

European stock markets weakened Thursday, with investors cautious ahead of a key meeting of the European Central Bank against a backdrop of rising inflation and slowing global growth. At 3:50 AM ET (0750 GMT), the DAX in Germany traded 0.6% lower, the CAC 40 in France fell 0.6% and...

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European Stock Futures Largely Lower; Sanofi on Acquisition Trail

European stock markets are expected to open largely lower Wednesday, weighed by weakness on Wall Street overnight due to worries over slowing economic growth. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.1% higher, but CAC 40 Futuresin France dropped 0.1% and the FTSE...

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European Stock Futures Edge Higher; U.S. Payrolls in Focus

European stock markets are expected to trade cautiously higher Friday as investors await the release of key U.S. employment data, which could influence future Federal Reserve monetary policy. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.2% higher, CAC 40 Futures in France climbed...

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European Stock Futures Edge Higher; Chinese Data Disappoints

European stock markets are expected to open marginally higher Tuesday, continuing to benefit from Federal Reserve Chairman Jerome Powell’s relatively dovish message on Friday. However, gains will be limited after disappointing growth data out of China. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded...

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European stocks head lower on virus, policy anxiety

European shares headed lower on Thursday after data outlined faltering German consumer morale as COVID-19 cases surged, while worries about monetary policy outlook further dented the mood. The pan-European STOXX 600index fell 0.6% by 0707 GMT, with retail and mining stocks among the biggest losers. Investors remained on edge...

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European Stock Futures Lower; China Data Points to Slowdown

European stock markets are expected to open lower Monday, as a string of weak Chinese economic data releases points to a Covid-induced slowdown at one of the globe’s key growth engines. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.4% lower, CAC 40 Futures...

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UK economy grew by stronger-than-expected 1.0% in June

Britain’s economy grew by a faster-than expected 1.0% in June, boosted by the huge services sector as people resumed going to see their doctors following the pandemic and after many hospitality firms were allowed to resume indoor service in mid-May, official data showed on Thursday. A Reuters poll of...

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Stocks mixed amid concerns over Delta variant, tapering talk

Markets were also cautious ahead of U.S. inflation numbers on Wednesday, which coming soon after strong jobs data, could fuel more speculation about the Fed’s bond-purchase taper. Asian stocks traded sideways on Tuesday, as concerns over the spread of the Delta variant and expectations of earlier tapering by the...

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