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DAX Dips As Investors Look To Central Bank Meetings

RTTNews | vor 966 Tagen

DAX Dips As Investors Look To Central Bank Meetings

(RTTNews) - German stocks fell notably on Monday as investors awaited key U.S. consumer inflation data as well as the outcome of the last U.S. Federal Reserve meeting of 2022 this week for additional clues on the pace of rate rises.

The benchmark DAX was down 71 points, or half a percent, at 14,274 after rising 0.7 percent on Friday.

Banks Commerzbank and Deutsche Bank both fell around half a percent.

Automakers were also broadly lower as concerns about a 2023 recession loomed.

MorphoSys AG was moving lower after reporting results from analyses of the ongoing MANIFEST study, a phase 2 clinical trial of pelabresib in patients with myelofibrosis, a type of bone marrow cancer.

The dollar edged higher ahead of a trio of central bank announcements due this week while Treasury yields eased slightly.

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Rebound Called For Indonesia Stock Market

Rebound Called For Indonesia Stock Market

The Indonesia stock market headed south again on Monday, one session after snapping the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,465-point plateau although it's likely to see renewed support on Tuesday.

RTTNews | vor 11 Minuten

Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,700 level, with gains across all sectors led by mining and technology stocks.

RTTNews | vor 24 Minuten

Hang Seng May Crack Resistance At 25,000 On Tuesday

Hang Seng May Crack Resistance At 25,000 On Tuesday

The Hong Kong stock market on Monday wrote a finish to the four-day losing streak in which it had stumbled more than 1,050 points or 4 percent. The Hang Seng Index now rests just above the 24,730-point plateau and it's expected to open higher again on Tuesday.

RTTNews | vor 26 Minuten

China Shares Tipped To Open In The Green On Tuesday

China Shares Tipped To Open In The Green On Tuesday

The China stock market on Monday ended the two-day losing streak in which it had dropped more than 55 points or 1.7 percent. The Shanghai Composite Index now sits just shy of the 3,580-point plateau and it's expected to see additional support on Tuesday.

RTTNews | vor 41 Minuten

Hong Kong Private Sector Ticks Higher In July - S&P Global

Hong Kong Private Sector Ticks Higher In July - S&P Global

The private sector in Hong Kong continued to contract in July, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 49.2.

RTTNews | vor 1Std 0 Minuten

Singapore Private Sector PMI Improves To 52.7 - S&P Global

Singapore Private Sector PMI Improves To 52.7 - S&P Global

The private sector in Singapore continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 52.7.

RTTNews | vor 1Std 3 Minuten

Japan Services PMI Picks Up Steam In July - Jibun

Japan Services PMI Picks Up Steam In July - Jibun

The services sector in Japan continued to expand in July, and at a faster pace, the latest survey from Jibun Bank revealed on Tuesday with a services PMI score of 53.6.

RTTNews | vor 1Std 5 Minuten

Taiwan Bourse May Find Traction On Tuesday

Taiwan Bourse May Find Traction On Tuesday

The Taiwan stock market has moved lower in back-to-back sessions, slumping more than 270 points or 1.2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,380-point plateau although it may stop the bleeding on Tuesday.

RTTNews | vor 1Std 11 Minuten

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