DAX Slips In Cautious Trade After Fed Rate Decision

RTTNews | Před 502 dny
DAX Slips In Cautious Trade After Fed Rate Decision

(RTTNews) - German stocks were subdued on Thursday after the Federal Reserve signaled that it is poised to keep interest rates higher for longer.

Investors ignored the results of a survey, which showed Germany's manufacturing PMI hit a two-month high of 42.5 in April, up from March's 41.9.

The benchmark DAX was down 6 points at 17,925 as trading resumed after the May Day holiday.

In corporate news, fashion retailer Hugo Boss tumbled 3.7 percent despite first-quarter profit coming in above expectations and the company guiding for growth over the year ahead.

Nordex dropped 1 percent despite news that it has received a 148MW turbine order for an undisclosed wind project in California.

Rational AG declined 1.6 percent. The maker of kitchen equipment confirmed its forecast for the full year after reporting an increase in net earnings for the first-quarter, reflecting a rise in sales.

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Australian Market Modestly Lower

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday, reversing the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 8,850 level, following the broadly negative cues from Wall Street overnight, with weakness in mining, financial and technology stocks partially offset by gains in energy stocks.
RTTNews | Před 17 minutami
Soft Start Anticipated For China Stock Market

Soft Start Anticipated For China Stock Market

The China stock market on Tuesday ended the two-day slide in which it had fallen almost 15 points or 0.4 percent. The Shanghai Composite Index now sits just above the 3,860-point plateau although it's likely to open in the red again on Wednesday.
RTTNews | Před 20 minutami
Taiwan Shares May Head South Again On Wednesday

Taiwan Shares May Head South Again On Wednesday

The Taiwan stock market bounced higher again on Tuesday, one day after ending the eight-day winning streak in which it had surged more than 1,450 points or 5.8 percent. The Taiwan Stock Exchange now sits just beneath the 25,630-point plateau although it may hand back those gains on Wednesday.
RTTNews | Před 50 minutami
Singapore Bourse May Extend Losing Streak

Singapore Bourse May Extend Losing Streak

The Singapore stock market has moved lower in three straight sessions, slumping more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just beneath the 4,340-point plateau and it may take further damage on Wednesday.
RTTNews | Před 1 h 20 min
Malaysia Shares May See Renewed Consolidation

Malaysia Shares May See Renewed Consolidation

Ahead of the long weekend for Malaysia Day, the Malaysia stock market had bounced higher again on Friday, one day after halting the three-day winning streak in which it had collected more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may head south again on Wednesday.
RTTNews | Před 1 h 50 min
Win Streak May End For Japan Stock Market

Win Streak May End For Japan Stock Market

The Japanese stock market has moved higher in four straight sessions, rallying more than 1,430 points or 3.2 percent in that span. The Nikkei 225 now sits just above the 44,900-point plateau although it may run out of steam on Wednesday.
RTTNews | Před 2 h 5 min
KOSPI Overdue For Profit Taking On Wednesday

KOSPI Overdue For Profit Taking On Wednesday

The South Korea stock market has moved higher in 11 straight sessions, surging more than 300 points or 9.6 percent along the way. Now at another fresh record closing high, the KOSPI sits just beneath the 3,450-point plateau although investors figure to lock in gains on Wednesday.
RTTNews | Před 2 h 20 min
Japan Trade Data Due On Wednesday

Japan Trade Data Due On Wednesday

Japan will on Wednesday release August numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
RTTNews | Před 3 h 20 min