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German stocks edged up slightly on Wednesday as investors digested the latest inflation and consumer confidence data. More companies in Germany wanted to raise prices in the coming months, suggesting that the current easing trend in inflation is likely to stall, according to the results of a survey by the ifo institute.
European stocks traded mixed on Wednesday as investors reacted to cautious comments from Federal Reserve officials on the rate outlook. The downside, if any, remained capped in the wake of softer inflation data from the U.
Data showed German producer prices fell more than expected in November, while British inflation dropped way more than expected last month, with the headline rate falling to its September 2021 lows, strengthening the case for rate cuts.
The reform of the outdated Postal Act is getting underway. The Federal Cabinet approved a proposal from the Federal Ministry of Economics on Wednesday, according to government circles reported by...
European shares gained on Wednesday as bets on interest rate cuts increased following soft inflation data from the United Kingdom and Germany, while