German DAX jumps 1% on Friday afternoon

Note: This section contains information in English only.
Source: Dukascopy Bank
German DAX index faced a choppy morning trade after news from Spain, however it rebounded after Italian bond auction. Rally was slightly breached in the afternoon as US reported a disappointing GDP figure. German Banks rallied with Deutsche Bank adding 2% and Commerzbank gaining 2.1%. BASF SE dropped 1.5% on news its profit declined in 1st quarter and the company worsened its outlook for the first 6 months. At the moment of writing DAX 30 is 1% or 66.5 points up at 6,808.42.

Back to articles

Actual Topics

Mon, 30 Apr 2012 06:02:15 GMT

US economy expands less than predicted in the 1st quarter

US economy advanced at slower pace than expected by economists. Country's GDP increased 2.2%, following a 3% growth in previous quarter, Commerce Department said on Friday. Economists questioned by Bloomberg, predicted a 2.5% gain. Government spending decreased for a sixth consecutive quarter. 

Fri, 27 Apr 2012 14:37:31 GMT

FTSE 100 fluctuates on mixed news

FTSE 100 index fluctuated sharply on Friday. It slipped in the morning on Spain's downgrade but retreated and climbed 0.3% as Italy successfully auctioned bonds. CRH jumped 3.1% and British Land soared 2.7% after both firm were upgraded by J.P. Morgan Cazenove. Banks also supported the index on the upside with Royal Bank of Scotland adding 2.2%. Barclays rallied 4.2%,

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.