German stocks gain ahead of US services data

Note: This section contains information in English only.
Source: Dukascopy Bank SA
German equities rebounded on Tuesday ahead of the US services industry growth data due later in the day. However, persistent concerns over political uncertainty in Spain and looming ECB press conference capped gains of German blue chips. The DAX Index climbed 0.31% and is currently trading at 7,662.63. However, only three industries out of nine jumped. Utilities and financials led gains. E.ON and RWE surged 0.75% and 0.93%, while Muenchener Rueckversicherungs soared 2.58%. Muenchener Rueckversicherungs advanced after announcing an increase in its dividend and reporting better-than-expected full-year results. On the downside, Infineon Technologies and Adidas sagged 1.70% and 0.93%. Meanwhile, Deutsche Lufthansa dragged consumer services lower, retreating 0.66%.
Back to articles

Actual Topics

Tue, 05 Feb 2013 16:08:04 GMT

Soybeans Gain for Third Session amid too High Humidity in Brazil

Soybeans gain for the third time amid concerns too heavy rains will delay harvesting in Brazil, the world biggest supplier. March-delivery soybeans advanced 0.3% to $14.9325 in Chicago after falling 0.4%. Brazil is expected to produce an 82.7 million-ton harvest this year, while the U.S. Department of Agriculture forecast harvest of only 82.5 million metric tons of soybeans, the forecast

Tue, 05 Feb 2013 15:16:04 GMT

UK equities rebound on strong quarterly results

UK stocks swung to gains on Tuesday, rising after previous sell-off on upbeat quarterly results of the largest companies in FTSE 100 Index. However, gains remained capped by weakness of Asian and US stock markets. Political instability in Spain also continued to pressurize UK blue chips. The FTSE 100 Index climbed 0.66% to trade at 6,287.54. All but one

Subscribe to "Fundamental Analysis" feed

Souscrire
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.