German shares flat on Wednesday

Source: Dukascopy Bank SA
German shares stayed little unchanged prior to the U.S. House of Representatives vote to stem the nation's borrowing limit. By suspending the decision on the debt-limit, Republicans aim at meeting other deadlines to seek deeper spending cuts. The DAX index advanced 0.13% to 7,706.46, after earlier advancing as much as 0.4%. Five out of nine groups in the gauge declined with utilities pairing biggest losses of 1.23%. E. ON SE declined the most in the index, as BP expressed its concerns about the nation's plans to close down nuclear plants and expand renewable energy, as that would push higher the power prices and halt the investments inflow in the country. Furthermore, financial shares declined, as Commerzbank AG lost 1.33%, while RWE AG paced losses in the worst performing utility shares. Merck KGaA rose the most in the gauge lifting health care group that rallied 1.56% and SAP AG added 2.1% after forecasting its full-year operating profit for 2013 to increase by at least 12%.
Back to articles

Actual Topics

Thu, 24 Jan 2013 08:38:06 GMT

Yen declines on China's manufacturing, N. Korea's test of nuclear weapons

Japan's currency fell as improving manufacturing in China curbed demand for safety of the Yen, along with North Korea's test of nuclear weapons that damped investors' interest in region's assets. The Yen weakened 0.8% to 89.33 per U.S. Dollar after strengthening 1.7% during the previous 3 days. Japan's currency touched 90.25 on January 21, the lowest level since June 2010.

Wed, 23 Jan 2013 16:17:05 GMT

U.K. shares surge on better than expected unemployment data

U.K. equities stayed flat on Wednesday close to their highest since May 2008 on better-than-expected unemployment data and Prime Minister's announcement to hold a referendum on exiting the European Union block. The FTSE 100 index advanced 0.2%, or 11.88 points, to 6,195.05, lifting its yearly advance to 5%. Five out of ten sectors in the gauge increased. Tullow Oil posted

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.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.