Advertisement
DAX Holds Steady Ahead Of Fed Decision
(RTTNews) - German stocks were steady on Wednesday as investors reacted to mixed manufacturing data from China and awaited the Federal Reserve's interest-rate decision later in the day for direction.
The benchmark DAX was up 0.1 percent at 15,144 after ending marginally higher the previous day.
Hannover Re shares slumped 4.3 percent. In order to take account of the growth in the property and casualty reinsurance portfolio and the increased loss expectation from natural catastrophes, the reinsurer has increased its net major-loss budget for 2023 to 1.725 billion euros.
Software AG plunged 13 percent. The company reported that, on an organic basis, EBIT was 43.1 million euros in the fourth quarter compared to 32.2 million euros, prior year.
read more
European Economic News Preview: French Business Confidence Data Due
Business sentiment from France and industrial trends survey from the UK are the top economic news due on Thursday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue business confidence survey data is due. The manufacturing sentiment index is forecast to remain unchanged at 96 in October.
RTTNews
|
Před 57 minutami
European Shares Seen Lower With US-China Tensions In Focus
European stocks are seen opening a tad lower on Thursday after reports emerged that the Trump administration is considering a plan to curb a dizzying array of software-powered exports to China, stoking fresh trade tensions.
RTTNews
|
Před 1 h 13 min
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
Před 1 h 19 min
Sensex, Nifty Open On Buoyant Note Amid Trade Deal Hopes
Indian shares opened on a buoyant note on Thursday after reports suggested that India and the United States are close to finalizing a long-awaited bilateral trade deal that could sharply lower tariffs on Indian exports to about 15-16 percent from the current average of 50 percent.
RTTNews
|
Před 2 h 21 min
Australian Market Swings To Modest Gains In Mid-market
The Australian market is swinging to modest gains in mid-market moves on Thursday, reversing some of the losses in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 9,000 mark, with gains in gold miners and energy stocks partially offset by weakness in iron ore miners, financial and technology stocks.
RTTNews
|
Před 3 h 18 min
Asian Markets Trade Mostly Higher
Asian markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, amid optimism about the outlook for interest rates as markets are pricing in another rate cut by the U.S. Fed at its upcoming October 28-29 monetary policy meeting, despite the absence of vital data to gauge the trajectory of the economy. Asian markets closed mostly lower on Wednesday
RTTNews
|
Před 3 h 26 min
Sensex, Nifty Set To Open Higher On Trade Deal Hopes
Indian shares look set to open sharply higher on Thursday after Muhurat Trading reflected a tone of cautious optimism.
RTTNews
|
Před 4 h 10 min
Japanese Market Sharply Lower
The Japanese market is sharply lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 48,700 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews
|
Před 5 h 14 min
