Source: Dow Jones International
Dow Jones Newswires today announced that it has started distribution of German-language market news and commentary via Reuters terminals.
Under a global agreement between Dow Jones and Reuters, Reuters already distributes a wide range of Dow Jones Newswires services in seven languages. Following the acquisition earlier this year of VWD News, Germany's leading channel-independent business-news agency, Dow Jones said it now has added Dow Jones-VWD Trade to its portfolio of services available to Reuters customers.
Dow Jones-VWD Trade provides constant market intelligence and analysis explaining price movements in the German and European financial markets, including equities and derivatives. Price movements-actual and forecast-are analysed against the backdrop of breaking news from companies, economic data and politics. The main focus of the service is to provide subscribers with a forward-looking view, based on the outcomes from market events and drawing on the views of market experts.
The service totals approximately 250 daily updates, and includes technical analysis, analysts' ratings changes and financial forecasts. The service is aimed at traders, analysts, money managers and financial advisers, and will be offered alongside Reuters' own German-language news.
"We're delighted about this mutually beneficial partnership with Reuters. We'll have greater reach through Reuters' high-market penetration in Germany, while its clients will benefit from German-language, real-time commentary and analysis which complements what is available elsewhere on the Reuters platform," says Volker Schneider, managing director, Dow Jones News GmbH.