The index, which groups the 40 largest publicly-traded companies on the Frankfurt Stock Exchange, reached 20,022 points at around 0900 GMT before slightly paring its gains.
AFP news Dec 03, 2024
German third-quarter growth was downgraded Friday with official data showing it expanded even more weakly than previously thought, in a new blow for Europe's top economy as it battles multiple headwinds.
AFP news Nov 22, 2024
More data suggesting the Federal Reserve was winning the battle against inflation provided an extra kick for equities after another rollercoaster week that started with big losses fueled by worries the world's top economy could be heading for recession.
AFP news Sep 13, 2024
With Friday's non-farm payrolls showing the labor market slowing faster than expected, there is a growing worry that the world's top economy is heading for a recession, which sent stocks tumbling.
AFP news Sep 10, 2024
A sell-off in tech firms dragged Asian markets down Thursday after investors were left disappointed by earnings from chip titan Nvidia that stoked concerns about the outlook for all things artificial intelligence.
AFP news Aug 29, 2024
The comments provided investors with an extra boost and helped put the August market turmoil behind them, though analysts warned to be on guard for any unexpected data that could burst the optimistic bubble.
AFP news Aug 26, 2024
The readings reinforced optimism that the central bank will begin unwinding its long-running monetary tightening campaign, with analysts saying the main debate is over how big the move will be and how many more will follow.
AFP news Aug 22, 2024
The Fed has "sort of gotten it wrong a lot," Trump told reporters Thursday during a press conference in Palm Beach, Florida.
AFP news Aug 09, 2024
The benchmark Nikkei 225 index jumped 10.23 percent, or 3,217.04 points, to end at 34,675.46, while the broader Topix index added 9.30 percent, or 207.06 points, to 2,434.21.
AFP news Aug 06, 2024
The US central bank has held interest rates at the highest levels in more than two decades to bring inflation down to its long-term two percent target without doing too much damage to either the labor market or the broader economy.
AFP news Jul 09, 2024
Gold, whose twin drivers are jewelry and investment buying, has now gained about 15 percent in value since the same stage last year.
AFP news Mar 06, 2024
Huge giveaways are not expected, however, as stubbornly-high inflation hikes repayments on state borrowing, undermining the ability to stimulate the recession-hit UK economy.
AFP news Mar 04, 2024
After a much-anticipated meeting, Fed policymakers acknowledged that inflation was going in the right direction and that they expected to begin lowering borrowing costs this year from their two-decade highs.
AFP news Feb 01, 2024
The European Central Bank is expected to stand pat Thursday and call for patience in the ongoing battle against inflation, pushing back against market hopes of rapid interest rate cuts.
AFP news Jan 25, 2024
European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.
AFP news Jan 22, 2024
Markets mostly rose Friday following a tech-led rally on Wall Street that helped soothe traders' concerns that the Federal Reserve will likely not cut interest rates, though China's economic woes dragged on Hong Kong and Shanghai.
AFP news Jan 19, 2024
Stock markets and oil prices slumped Wednesday as investors reacted to weak Chinese growth data and an unexpected rise in UK inflation.
AFP news Jan 17, 2024
The positive vibes across Asian and European trading floors followed gains Wednesday on Wall Street, where tech firms bounced after a relatively dour start to the year and dealers were gearing up for annual earnings from the world's biggest companies.
AFP news Jan 11, 2024
US Federal Reserve officials expect interest rates will need to remain high "for some time" to tackle stubborn inflation, according to minutes of the most recent rate decision published on Wednesday.
AFP news Jan 04, 2024
Asian and European stock markets mostly fell Wednesday as traders took cash off the table after a blockbuster end to 2023, with eyes now on the release this week of US Federal Reserve minutes and jobs data.
AFP news Jan 03, 2024
Asian markets were higher on Wednesday, tracking Christmas holiday gains on Wall Street, with investors betting on the US Federal Reserve cutting interest rates as early as March.
AFP news Dec 27, 2023
Major stock markets mostly fell Monday following last week's rally, with Federal Reserve officials looking to temper expectations the US central bank will cut interest rates several times next year.
AFP news Dec 18, 2023
Brazil's central bank cut its key interest rate by half a point for the fourth straight time Wednesday, continuing the easing President Luiz Inacio Lula da Silva hopes will spur Latin America's biggest economy.
AFP news Dec 14, 2023
The OPEC+ cartel, led by Saudi Arabia and Russia, has been restraining production to maintain prices but the latter have recently slumped due to the weakening of the global economy and increases in output outside the bloc.
AFP news Dec 14, 2023
On a bumper day for central banks in Europe, policymakers were holding their final meetings of 2023 -- a year marked by steep interest rate hikes to tame runaway consumer prices.
AFP news Dec 14, 2023
With a pause deemed extremely likely, attention is on the language of the Fed's decision, along with its accompanying economic forecasts, and the post-meeting press conference by Fed Chair Jerome Powell.
AFP news Dec 13, 2023
European stock markets rose Friday after Asian indices closed mixed, with a cooler inflation environment offset by recession risks.
AFP news Dec 01, 2023
Stock markets rose Thursday before publication of key US inflation data and as investors reacted to mixed economic news out of the eurozone.
AFP news Nov 30, 2023
Major European and Asian stock markets mostly fell for a second session running Tuesday as traders booked profits before updates on the US economy this week, notably a key inflation reading.
AFP news Nov 28, 2023
Asian and European stock markets traded mixed Monday with investors focused firmly on whether the US Federal Reserve and other central banks have reached a peak over interest-rate hikes as inflation cools.
AFP news Nov 20, 2023
