Rheinmetall saw its sales and operating profits jump in the second quarter, as it continued to secure a steady stream of orders from governments seeking to support war-torn Ukraine, and confirmed to its full-year guidance.
Treasury supply remains an issue for markets, as signaled by Wednesday’s yield moves, Commerzbank Research said, as the Treasurys bear-steepened before and after the 10-year Treasury note auction, affirming existing supply concerns.
Zurich Insurance reported market-beating earnings, with strong performances from all units, and said it was making solid progress toward exceeding its financial targets through 2025.
Deutsche Telekom reported second-quarter earnings that came in ahead of market expectations, maintained its full-year profit guidance but raised its cash flow estimate.
