DAX Sees Modest Gains In Cautious Trade

RTTNews | vor 1008 Tagen
DAX Sees Modest Gains In Cautious Trade

(RTTNews) - German stocks were seeing modest gains on Monday as investors assessed the outlook for inflation and economic growth.

Traders will monitor U.S. consumer price inflation data and retail sales figures due this week for a better understanding of how the Federal Reserve would pull off a soft landing.

The benchmark DAX was up 35 points, or 0.2 percent, at 15,343 after losing 1.4 percent on Friday.

Asian markets ended broadly lower earlier in the day, while U.S. stock futures were down after the S&P 500 and Nasdaq ended their worst week in nearly two months.

The euro traded lower against the dollar for a second straight session, hitting five-week lows amid a widening policy gap between Europe and the United States.

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Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Monday.
RTTNews | vor 2Std 20 Minuten
Thailand GDP Growth Slows More Than Forecast

Thailand GDP Growth Slows More Than Forecast

Thailand's economic growth eased more than expected in the third quarter due to the fall in manufacturing output and softened tourism-related services, official data showed Monday. Gross domestic product grew 1.2 percent year-on-year in the third quarter, the National Economic and Social Development Council, or NESDC, said Monday. The annual growth was forecast to soften to 1.6 percent from 2.8
RTTNews | vor 4Std 33 Minuten
European Shares Likely To Open On Subdued Note

European Shares Likely To Open On Subdued Note

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RTTNews | vor 5Std 43 Minuten
Indian Shares Edge Higher In Cautious Trade

Indian Shares Edge Higher In Cautious Trade

Indian shares inched higher on Monday, with underlying sentiment supported by a resounding victory for the BJP-led NDA in the Bihar elections and optimism surrounding a potential India-U.S. trade deal.
RTTNews | vor 6Std 48 Minuten
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

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RTTNews | vor 7Std 48 Minuten