German shares little changed amid economic data release from the U.S. and Eurozone

Note: This section contains information in English only.
Source: Dukascopy Bank SA
German shares slightly increased, as gains were capped by data on the industrial production in the Euro-area that edged lower and underperformed the estimates. However, optimism on the U.S. economy was raised as U.S. retail sales rose more-than-expected in February. Four out of nine sectors edged higher. Beiersdorf AG rallied 1.2% to 69.28 euros after earlier trading at 69.65 euros. The rise in cosmetic producer's shares erased losses in consumer goods group as it stayed unchanged. Furthermore, Henkel AG surged 1.2%, also supporting consumer goods. SAP AG lifted tech shares higher for the biggest rally on the DAX. The multinational company climbed 1% to trade at 63.99 euros. Meanwhile, Commerzbank AG slumped to its lowest level in four months after announcing a share sell-off to repay the government that currently owns a 25% stake, as well as Allianz SE.

Back to articles

Actual Topics

Wed, 13 Mar 2013 16:25:30 GMT

Mexican peso rises against U.S. dollar on Wednesday amid economy outlook

The Mexican currency appreciated for the fifth successive session on Wednesday after a report showed that U.S. retail sales advanced significantly in the month of February adding to an investors' optimism about the outlook for Mexico's economy. The Mexican peso accelerated 0.4% to 12.3955 per U.S. Dollar touching its highest level in 18 months after it has added more than

Wed, 13 Mar 2013 17:11:12 GMT

U.K. blue chips edge lower on declining industrial output in the Eurozone

U.K. stocks tumbled from their highest level in five years as industrial output in the Eurozone dropped more than estimated and borrowing costs rose in the Italy's first bond auction after the nation's credit rating downgrade the last week. The FTSE 100 Index dropped 0.7%, or 46.97 points, to 6,465.16. All but one group in the index declined at least

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.