Archive for Tag: DAX outlook

Germany stocks

Germany stocks higher at close of trade; DAX up 0.32%

Germany stocks were higher after the close on Monday, as gains in the Software, Pharmaceuticals & Healthcare and Technology sectors led shares higher. At the close in Frankfurt, the DAX gained 0.32%, while the MDAX index gained 0.20%, and the TecDAX index gained 0.71%. The best performers of the...

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European Stock Futures Higher; U.S. bond Yields in Focus

European stock markets are expected to open higher Wednesday, rebounding to a degree from the previous session’s sharp losses, but investors continue to fret about higher U.S. bond yields. At 2:01 AM ET (0610 GMT), the DAX Futures contract in Germany traded 0.6% higher, CAC 40 Futures in France...

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European stocks climb after bruising week

European stocks followed Asian markets higher on Monday after a bruising selloff last week on global growth worries, while investors awaited a raft of business activity data. The pan-European STOXX 600index rose 0.6% by 0714 GMT after worries over a surge in COVID-19 cases and tighter scrutiny on Chinese...

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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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European Stock Futures Mixed Ahead of Fed; Rio Tinto, Deutsche Bank Earnings Eyed

European stock markets are expected to open largely unchanged Wednesday, as investors digest continued weakness in Asian markets on China’s regulatory crackdown, more corporate earnings and the outcome of the latest Federal Reserve meeting. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.1% lower,...

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ECB MORE CAUTIOUS THAN FED ON INFLATION OVERSHOOT IN NEW TARGET

The European Central Bank took a step in the Federal Reserve’s direction with its new inflation target of 2%, while stopping short of a similar commitment to let the economy run hot after a recovery. In announcing the results of its own long-running strategy review on Thursday, officials in...

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