DAX Rises As Oil Prices Drop
(RTTNews) - German stocks climbed higher Thursday morning as oil prices fell despite concerns about Middle East tensions and uncertainty surrounding the reopening of the Strait of Hormuz. Inflation data from the U.S. has raised hopes the Fed will not hike interest rates for now.
(RTTNews) - German stocks climbed higher Thursday morning as oil prices fell despite concerns about Middle East tensions and uncertainty surrounding the reopening of the Strait of Hormuz. Inflation data from the U.S. has raised hopes the Fed will not hike interest rates for now.
BELLINGS Intelligence Score: 25
Why it matters
The rise in the DAX driven by falling oil prices and U.S. inflation data reflects notable market activity with moderate breadth and relevance to credit-market professionals, but it is routine market movement without novel or systemic implications.
Sources
Nasdaq
DAX Rises As Oil Prices Drop
(RTTNews) - German stocks climbed higher Thursday morning as oil prices fell despite concerns about Middle East tensions and uncertainty surrounding the reopening of the Strait of Hormuz. Inflation data from the U.S. has raised hopes the Fed will not hike interest rates for now.
Nasdaq
DAX Rises On Easing Rate Concerns
(RTTNews) - German stocks moved firmly up in positive territory Friday morning amid easing worries about interest rates thanks to recent tame U.S. inflation data. Concerns about Middle East conflict and uncertainty over the reopening of the Strait of Hormuz lingered, but fairly e
Nasdaq
European Stocks Close Mixed After Choppy Ride
(RTTNews) - European stocks turned in a mixed performance on Friday as worries about Middle East conflict and uncertainty over the reopening of the Strait of Hormuz continued to weigh on sentiment, even as concerns about Fed interest rates eased thanks to tame U.S. inflation data