Actionable news
0
All posts from Actionable news
Actionable news in JMG: JOURNAL MEDIA GROUP Inc,

Five Things Everyone Will Be Talking About Today

German exports plunge, China markets reopen after week-long break and Deutsche Bank's $7 billion loss. Here are some of the things people in markets are talking about this morning.

German exports slump

In the steepest drop since January 2009, German exports fell 5.2 percent in August, much more than the 0.9 percent estimated by economists. Imports slid 3.1 percent leaving Germany's trade surplus at €15.3 billion ($17.2 billion) for the month. This adds to what has already been a bad week for German data amid signs of a slowdown in Europe's largest economy. The DAX Index of German stocks was 0.1 percent lower at 10:40 a.m. London time.

Chinese markets reopen

The Shanghai Composite Index closed 3 percent higher in its first session after its week-long break due to a Chinese national holiday. The rally was led by automakers after the government reduced the purchase tax on vehicles through the end of next year. Bocom International Holdings Co.’s Hao...


More