3 minutes ago
Germany’s inflation rate fell to 3.1% in January
Germany’s inflation rate fell to 3.1% in January, according to new data released by the Federal Statistical Office on Friday.
Consumer price data confirms preliminary forecasts, with inflation falling from a 3.8% year-on-year rise in December.
— Karen Gilchrist
33 minutes ago
European Market: Click here for opening call
European markets are set to open in positive territory on Thursday.
According to IG data, the UK’s FTSE 100 index is expected to open 13 points higher at 7,606, Germany’s DAX falls 15 points to 16,945, France’s CAC falls 23 points to 7,634 and Italy’s FTSE MIB It is expected to open 33 points higher at 31,220.
Revenues are expected from Unilever, Société Générale, Maersk, Siemens and Adyen.
— Karen Gilchrist
Wednesday, February 7, 2024 6:10 PM EST
CNBC Pro: Analysts say Nintendo stock could rise 30% – if it overcomes these hurdles
Shares in Japanese video game company Nintendo could rise more than 30% over the next 12 months if its long-awaited console proves a success and overcomes several hurdles, according to stock analyst David Gibson. It is said that there is.
The gaming company could leverage its 130 million-strong customer base to sell next-generation devices. The company’s shares are traded in the United States, Germany, and Japan.
CNBC Pro subscribers can read more here.
— Ganesh Rao
Wednesday, February 7, 2024 6:12 PM EST
CNBC Pro: Asset manager picks one little-known market and six stocks to buy during economic downturns.
Concerns about worsening geopolitical tensions, volatility in corporate earnings, and uncertainty about when the U.S. Federal Reserve will cut interest rates have led some investors to look to safe assets and markets to put their money to work. I’m looking for it.
For portfolio manager Carla Benziger, one of Europe’s indexes stands out even in a market downturn because of its “reasonable valuations” for large- and mid- and small-cap stocks.
“People recommend investing [this] Markets during times of uncertainty, such as when a recession is expected. I think it makes sense for individual investors to do some of the investing. [these] We need to invest in stocks to balance market volatility,” said the portfolio manager, who listed six stocks for investment.
CNBC Pro subscribers can read more here.
— Amara Balakrishna
