Politics in focus on stock exchanges and markets, SAP report and other corporate news
Stock market news
• Europe’s largest software maker SAP reports third-quarter earnings today. The giant will set the tone for German and broader stock markets, as it makes up 15% of the Deutsche Boerse DAX index with a market value of €261 billion ($284 billion). SAP’s cloud and business planning software businesses have been strong this year, driving the share price up 53%. That’s key context given how stock markets were hit last week by a series of earnings reports from big US banks and chipmakers such as ASML.
• The dollar is also rising on views that Trump's proposed tariff and tax...