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DAX Gains On Optimism About US Economy

DAX Gains On Optimism About US Economy

German stocks traded sharply higher on Wednesday as upbeat U.S. economic reports on key manufactured capital goods, new home sales and consumer confidence soothed concerns about an economic downturn.
RTTNews | vor 779 Tagen
Asian Shares Mixed Ahead Of Powell's Speech

Asian Shares Mixed Ahead Of Powell's Speech

Asian shares ended mixed on Wednesday as China industrial profits data disappointed and a softer than expected headline inflation figure in Australia raised the prospect of a pause in interest rate rises from the Reserve Bank of Australia.
RTTNews | vor 779 Tagen
Commodity Currencies Fall As Crude Oil Prices Slide

Commodity Currencies Fall As Crude Oil Prices Slide

Commodity currencies such as the Australia, the New Zealand and the Canadian dollars weakened against their major rivals in the Asian session on Wednesday, as the crude oil prices drop amid concerns about the outlook for fuel demand due to economic slowdown, and rising prospects of more interest rate hikes.
RTTNews | vor 780 Tagen
European Economic News Preview: German Consumer Confidence Data Due

European Economic News Preview: German Consumer Confidence Data Due

Consumer confidence survey results from Germany and France are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, the market research group GfK is scheduled to issue Germany's consumer confidence survey results. The sentiment index is forecast to improve to -23 in July from -24.2 in June.
RTTNews | vor 780 Tagen
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Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as traders react to a batch of upbeat US economic data that could significantly impact opinions regarding whether the Fed will follow through on its forecast interest rate hikes. Asian markets closed mixed on Tuesday.
RTTNews | vor 780 Tagen
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is notably higher on Wednesday, snapping a four-session losing streak, with the Nikkei 225 moving above the 32,700 level, following the broadly positive cues from global markets overnight, with gains in exporters, technology and financial stocks.
RTTNews | vor 780 Tagen

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