- DE30 struggles to break above 13790 pts level
- Daimler Truck (DTG.US) expects strong demand in 2023 despite recession fears
- Siemens' (SIE.DE) recorded first quarterly loss in 12 years
Mixed moods prevail on European stock exchanges, with the Dax adding nearly 0.15%, while CAC40% and FTSE100% fell 0.12% and 0.35% respectively as investors digested yesterday's US inflation figures, while gas prices on the Old Continent continue to move higher.

DE30 pulled back after buyers failed to break above recent highs around 13790 pts and earlier broken lower limit of the ascending channel. If sellers manage to uphold control, another downward impulse towards local support at 13535 pts may be launched. Source: xStation5
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Siemens (SIE.DE) stock fell 0.85% after the engineering and technology group said a writedown at Siemens Energy resulted in its first quarterly loss in nearly 12 years.
Siemens (SIE.DE) stock initially fell following the downbeat quarterly results, however buyers managed to erase most of the losses. Nevertheless as long as price sits below the downward trendline, main sentiment remains bearish. Source: xStation5
Deutsche Telekom (DTE.DE) shares fell 0.4% despite the fact that the company raised its annual outlook for the second time and recorded a solid quarterly core profit.
Daimler Truck (DTG.US) plans to keep prices high even if certain costs begin to decrease in order to compensate for lower profits since last year. Company expects that demand will remain robust next year despite mounting recession concerns.
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