DAX Edges Higher Despite Fed Worries

RTTNews | Před 985 dny
DAX Edges Higher Despite Fed Worries

(RTTNews) - German stocks rose on Friday, though the upside remained capped by hawkish comments from more U.S. Federal Reserve officials.

St Louis Fed President James Bullard said the central bank needs to keep raising interest rates as its tightening has only 'limited effects on observed inflation'.

Separately, Minneapolis Fed Bank President Neel Kashkari said the U.S. central bank should not stop rate hikes until it's clear that inflation has peaked.

The benchmark DAX rose 62 points, or 0.4 percent, to 14,328 after edging up 0.2 percent in the previous session.

Lender Commerzbank gained 1 percent and peer Deutsche Bank added half a percent as the European Central Bank begins the biggest withdrawal of cash from the euro zone's banking system in its history.

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Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Wednesday, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,750 level, despite the broadly negative cues from Wall Street overnight, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
RTTNews | Před 33 minutami
Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly negative cues from Wall Street overnight, as traders remain cautious and seemed reluctant to make significant moves as they watch developments on the tariff front as the deadline of August 1 set by the US President Donald Trump nears. They also look ahead to the US Fed's monetary policy announcement later in the day.
RTTNews | Před 54 minutami
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting more than 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,230-point plateau although it may spin its wheels on Wednesday.
RTTNews | Před 2 h 1 min
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower in choppy trading on Wednesday after opening in the green, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 40,600 level, with weakness in automaker stocks and a mixed performance in most other sectors.
RTTNews | Před 2 h 16 min
Indonesia Shares May Open Under Pressure On Wednesday

Indonesia Shares May Open Under Pressure On Wednesday

The Indonesia stock market has moved higher in five straight sessions, advancing more than 260 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,615-point plateau although investors are likely to cash in on Wednesday.
RTTNews | Před 2 h 31 min
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday after opening in the red, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 8,700 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners and technology stocks.
RTTNews | Před 2 h 42 min
China Bourse May Be Stuck In Neutral On Wednesday

China Bourse May Be Stuck In Neutral On Wednesday

The China stock market has moved higher in back-to-back sessions, gathering more than 15 points or 0.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,610-point plateau although it may spin its wheels on Wednesday.
RTTNews | Před 3 h 1 min