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DAX Edges Higher On Improved PMI Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

German stocks traded slightly higher on Thursday after a survey showed the downturn in the economy eased in November.The HCOB Flash Composite Purchasing Managers' Index (PMI), compiled by S&P Global, rose to a four-month high of 47.1 from 45.9 in October. The benchmark DAX was up 21 points, or 0.1 percent, at 15,978 after rising 0.4 percent in the previous session. Wind turbine maker Nordex fell 0...

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Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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