DAX Dips On Weak China Data

RTTNews | vor 829 Tagen
DAX Dips On Weak China Data

(RTTNews) - German stocks slipped into the red on Tuesday after data showed Chinese imports plunged and export growth slowed in April, raising fresh concerns about the country's economic recovery from the pandemic.

Traders also braced for key U.S. inflation data due this week for fresh clues on the Federal Reserve's monetary policy path.

The benchmark DAX was down 43 points, or 0.3 percent, at 15,909 after ending flat with a negative bias in the previous session.

Auto giant Daimler Truck Holding tumbled 3.6 percent after confirming preliminary results and keeping its outlook unchanged.

Fresenius Medical Care rose over 1 percent. The dialysis specialist said it is seeing improving trends in the first quarter after operating profit declined less than feared.

Fresenius SE & Co. surged 6.5 percent after confirming its FY23 guidance.

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NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
RTTNews | vor 52 Minuten
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 Friday, adding the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with gains across most sectors led by energy and technology stocks.
RTTNews | vor 4Std 14 Minuten
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as hotter-than expected US producer price inflation data and a resilient US labor market softened expectations of a higher interest rate cut by the US Fed in September. Traders also remain cautious ahead of the crucial U.S.-Russia talks to end the ongoing three-plus-year Russia-Ukraine war.
RTTNews | vor 4Std 49 Minuten
Lower Open Predicted For Thai Stock Market

Lower Open Predicted For Thai Stock Market

The Thai stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,265-point plateau and it figures to remain rangebound again on Friday.
RTTNews | vor 5Std 37 Minuten
Japanese Market Notably Higher

Japanese Market Notably Higher

Reversing the losses in the previous session, the Japanese market is notably higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,800 level, with gains in index heavyweights and financial stocks as well as a mixed performance in all other sectors.
RTTNews | vor 5Std 52 Minuten
Indonesia Bourse Due For Consolidation On Friday

Indonesia Bourse Due For Consolidation On Friday

The Indonesia stock market has tracked higher in five straight sessions, improving more than 440 points or 5.8 percent along the way. The Jakarta Composite Index now sits just above the 7,930-point plateau although investors figure to lock in gains on Friday.
RTTNews | vor 6Std 7 Minuten