German equities advance on US fiscal optimism

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Scanpix/Reuters
German equities jumped on Friday despite weak data from the Eurozone and domestic economy. Eurozone's jobless rate approached 11.7% last month, while German retail sales declined by 2.8% on a seasonally adjusted basis, compared to a 0.5% increase in the preceding month. The market sentiment was boosted by hopes that US officials will agree on the budget until Christmas holidays. The DAX Index jumped 0.44% and is currently trading at 7,432.92. Six out of nine sectors within the index climbed. The top-performers were consumer goods and health care sectors. Henkel rose 0.85%, while Fresenius Medical Care and Fresenius advanced 0.97% and 0.65%. On the downside were consumer services, with Deutsche Lufthansa declining 0.66%.


Back to articles

Actual Topics

Mon, 03 Dec 2012 07:52:29 GMT

Asian stocks rise as China's manufacturing expands

Asian stocks rose, with the regional benchmark index poising for the highest close in 7 months, as China's manufacturing expanded last month, indicating a faster growth in the world's second largest economy. The MSCI Asia Pacific Index gained 0.2% to 124.88, set for the highest close since May 2. The Nikkei 225 Stock Average climbed 0.7% and South Korea's Kospi

Fri, 30 Nov 2012 15:51:21 GMT

UK stocks move higher after consumer confidence data

UK stocks are trading slightly higher on Friday amid mixed data from the Eurozone and the national economy. The Eurozone's unemployment rose from 11.6% to 11.7% last month, while German retail sales dropped more-than-expected in October. However, weak numbers from the Eurozone's were partly offset by an unexpected jump in the UK consumer confidence last month. The UK Gfk Consumer

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.