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DAX Modestly Higher In Cautious Trade

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

German stocks eked out modest gains on Friday after the release of latest unemployment as well as import and export price data.

The number of people out of work in Germany rose more than expected in June, Federal Labour Office figures showed.

Import prices declined at the weakest pace in the current sequence of decreases, which started in March 2023, data released by Destatis showed.

Export prices registered an annual increase of 0.2 percent after a 0.2 percent drop in April. This marked the first rise in two years.

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Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.