DAX Slips On Interest-rate Concerns

RTTNews | Před 967 dny
DAX Slips On Interest-rate Concerns

(RTTNews) - German stocks were moving lower on Monday, as investors braced for another jumbo rate hike by the U.S. Federal Reserve at the end of a two-day policy meeting on Wednesday.

13 central bank meetings are scheduled this week, which are certain to see borrowing costs rise across the globe.

As inflation worries mount, it remains to be seen whether the Fed will be forced to raise rates by 100 bps.

The benchmark DAX dipped 39 points, or 0.3 percent, to 12,702 after falling 1.7 percent on Friday.

Tech shares traded lower, with Infineon Technologies losing about 1 percent, tracking higher Eurozone government bond yields.

Volkswagen gained 1 percent. The automaker is seeking to raise nearly 9.4 billion euros ($9.41 billion) from the initial public offering of its iconic sports-car maker Porsche AG.

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Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Wednesday after opening in the green, snapping a four-session winning streak, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 37,900 level, with weakness in exporters and automaker stocks partially offset by gains in technology and financial stocks.
RTTNews | Před 37 minutami
Higher Open Anticipated For Indonesia Shares

Higher Open Anticipated For Indonesia Shares

Ahead of long holiday weekend for Wesak Day, the Indonesia stock market had bounced higher again, one session after ending the eight-day winning streak in which it had rallied more than 210 points or 3.2 percent. The Jakarta Composite Index now rests just above the 6,830-point plateau and it's looking at a solid lead for Wednesday's trade.
RTTNews | Před 39 minutami
Mild Rebound Tipped For Hong Kong Shares

Mild Rebound Tipped For Hong Kong Shares

The Hong Kong stock market on Tuesday ended the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just beneath the 23,110-point plateau although it may tick back to the upside again on Wednesday.
RTTNews | Před 54 minutami
Australian Market Slightly Lower

Australian Market Slightly Lower

Australian shares are trading slightly lower on Wednesday, snapping a five-session winning streak, with the benchmark S&P/ASX 200 staying well below the 8,300 level, following the mixed cues from Wall Street overnight, with a mixed performance across most sectors. Traders are also booking some profits following the recent upside in the markets.
RTTNews | Před 1 h 1 min
China Bourse Tipped To Open In The Green

China Bourse Tipped To Open In The Green

The China stock market has moved higher in consecutive trading days, improving almost 35 points or 1 percent along the way. The Shanghai Composite Index now rests just beneath the 3,375-point plateau and it's looking at a higher open again on Wednesday.
RTTNews | Před 1 h 9 min
Tech Shares May Boost Taiwan Stock Market

Tech Shares May Boost Taiwan Stock Market

The Taiwan stock market has moved higher in three straight sessions, collecting almost 800 points or 4 percent in that span. The Taiwan Stock Exchange now sits just above the 21,330-point plateau and it's likely to open to the upside again on Wednesday.
RTTNews | Před 1 h 39 min
Japan Producer Prices Rise 0.2% In April

Japan Producer Prices Rise 0.2% In April

Producer prices in Japan were up 0.2 percent on month in April, the Bank of Japan said on Wednesday - slowing from 0.4 percent in March.
RTTNews | Před 1 h 44 min
Singapore Bourse May Crack Resistance At 3,900 Points

Singapore Bourse May Crack Resistance At 3,900 Points

The Singapore stock market has tracked higher in back-to-back sessions, gathering more than 30 points or 0.8 percent along the way. The Straits Times Index now sits just above the 3,880-point plateau and it may see additional support on Wednesday.
RTTNews | Před 2 h 9 min