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DAX Little Changed As Investors Await GDP Data
(RTTNews) - German stocks were subdued on Monday as investors awaited 2023 GDP data later in the day for directional cues.
The eurozone's largest economy is expected to have contracted last year.
The benchmark DAX was down 15 points at 16,689 after rallying 1 percent on Friday.
The euro rose against the dollar as investors assess the prospects for rate cuts from the U.S. Federal Reserve and the European Central Bank.
In corporate news, Commerzbank rallied 1.6 percent as talks of a merger with Deutsche Bank resurfaced. Shares of the latter were down 0.6 percent.
Kontron rose over 2 percent. The IoT technology company said that it sees its net profit grow over 87 million euros in 2024.
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European Shares Set For Steady Open Before US Jobs Report
European stocks may open slightly higher on Friday as investors await the all-important monthly U.S. jobs report later in the day for direction.
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hace 35 minutos
Sensex, Nifty Open Higher On Fed Rate Cut Hopes
Indian shares were modestly higher on Friday as weak U.S. labor market data fueled fresh hopes for a Federal Reserve rate cut this month.
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hace 1h 46min
Australian Market Trims Early Gains In Mid-market
The benchmark S&P/ASX 200 Index is gaining 30.30 points or 0.34 percent to 8,856.80, after touching a high of 8,880.70 earlier. The broader All Ordinaries Index is up 35.00 points or 0.39 percent to 9,126.40. Australian stocks closed significantly higher on Thursday.
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hace 2h 57min
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as some weaker than expected U.S. private sector job growth in the month of August bolstered bets the US Fed will lower interest rates later this month. The markets are pricing in a September rate cut and anticipating at least two reductions this year.
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hace 3h 14min
Sensex, Nifty Seen Higher At Open On Firm Global Cues
Indian shares are likely to open higher on Friday, tracking firm cues from global markets and falling oil prices on oversupply concerns ahead of an OPEC+ meeting this weekend.
RTTNews
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hace 3h 43min
Japanese Market Significantly Higher
Extending the gains in the previous session, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 42,900 level, with gains across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews
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hace 4h 35min
Rebound Anticipated For Thai Stock Market
The Thai stock market on Thursday snapped the three-day winning streak in which it had jumped almost 24 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to bounce higher again on Friday.
RTTNews
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hace 4h 42min
Australian Market Notably Higher
The Australian stock market is trading notably higher on Friday, 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 8,850 level, with gains in financial stocks and a mixed performance across most other sectors.
RTTNews
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hace 4h 55min
