DAX Rises Ahead Of Inflation Data

RTTNews | 849 days ago
Stocktwits
DAX Rises Ahead Of Inflation Data

(RTTNews) - German stocks advanced on Tuesday as investors awaited consumer price data expected to confirm the gradual easing that started last month.

Official data released earlier today showed Germany's unemployment rate held steady at seasonally adjusted 3.0 percent in November. The number of people out of work decreased 6,500 from October to 1.32 million.

On an unadjusted basis, there were 1.25 million unemployed in November.

The unemployment data for December is due from the Federal Labour Agency later today. The benchmark DAX jumped 93 points, or 0.7 percent, to 14,163 after rallying 1.1 percent the previous day.

Brenntag shares surged nearly 5 percent. The chemicals distributor said that it has decided to terminate preliminary discussions with Univar Solutions (UNVR) for a potential acquisition.

Stocktwits
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Malaysia Stock Market Tipped To Open In The Green

Malaysia Stock Market Tipped To Open In The Green

Ahead of Thursday's Labor Day holiday, the Malaysia stock market had bounced higher again - one session after snapping the four-day winning streak in which it had gathered more than 35 points or 2.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it may add to its winnings again on Friday.
RTTNews | 17 minutes ago
Japan Shares May See Additional Support On Friday

Japan Shares May See Additional Support On Friday

The Japanese stock market has finished higher in six straight sessions, rallying almost 2,250 points or 6.2 percent along the way. The Nikkei 225 now sits just above the 36,450-point plateau and it's expected to open higher again on Friday.
RTTNews | 32 minutes ago
Rebound Anticipated For South Korea Stock Market

Rebound Anticipated For South Korea Stock Market

Ahead of Thursday's Labor Day holiday, the South Korea stock market had ended the three-day winning streak in which it had climbed more than 40 points or 1.7 percent. The KOSPI now sits just above the 2,555-point plateau although it's expected to bounce higher again on Friday.
RTTNews | 47 minutes ago
New Zealand Building Consents Climb 9.6% In March

New Zealand Building Consents Climb 9.6% In March

The total number of building permits issued in New Zealand was up a seasonally adjusted 9.6 percent on month in March, Statistics New Zealand said on Friday - up sharply from the 0.7 percent increase in February.
RTTNews | 53 minutes ago
Australia Data Due On Friday

Australia Data Due On Friday

Australia will on Friday release Q1 figures for producer prices and March numbers for retail sales, highlighting a busy day for Asia-Pacific economic activity.
RTTNews | 1h 47min ago
UK Market Ends Slightly Up

UK Market Ends Slightly Up

On a day in which most of the markets across Europe remained closed for Labor Day holiday, the UK market, where trading was on, ended marginally up on Thursday, extending its gains to a 13th straight session.
RTTNews | 6h 49min ago
Canadian Market Retreats After Recovering From Early Drop

Canadian Market Retreats After Recovering From Early Drop

The Canadian market is modestly higher around noon on Thursday with shares from energy and technology sectors posting strong gains. A sell-off in materials section is limiting market's upside. The mood in the market is quite cautious amid concerns about global economic growth.
RTTNews | 7h 30min ago
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