DAX Subdued In Cautious Trade Ahead Of Central Bank Meetings

RTTNews | il y a 1029
DAX Subdued In Cautious Trade Ahead Of Central Bank Meetings

(RTTNews) - German stocks were little changed in cautious trade on Monday, as investors digested weak Chinese data and awaited key interest-rate decisions from the Federal Reserve and the Bank of England this week for directional cues.

The U.S. Federal Reserve is seen slowing its aggressive rate hike pace after delivering a 75-points rate hike after the conclusion of a two-day policy meeting on Wednesday.

The Bank of England may also unleash a 75-basis point rate hike on Thursday in a show of aggression toward inflation.

The benchmark DAX slipped 14 points, or 0.1 percent, to 13,229 after rising 0.2 percent on Friday.

Fresenius Medical Care shares surged 5.3 percent despite the healthcare company cutting its FY22 profit outlook.

The company said it expects 2022 net income attributable to shareholders of the company to decline in the high teens to mid-twenties percentage range.

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Rally May Stall For Malaysia Stock Market

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has moved higher in three straight sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it's likely to open to the downside on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | il y a 35 minutes
Japan Stock Market May Spin Its Wheels On Tuesday

Japan Stock Market May Spin Its Wheels On Tuesday

The Japan stock market has moved higher in back-to-back sessions, gathering almost 200 points or 0.5 percent along the way. The Nikkei 225 now rests just above the 42,800-point plateau although it may be stuck in neutral on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. The Nikkei finished modestly higher on Monday following gains from the financial shares, weakness from the technology stocks and a mixed picture from the automobile companies. For the day, the index advanced 174.53 points or 0.41 percent to finish at 42,807.82 after trading between 42,681.37 and 43,201.42. Among the actives, Nissan Motor accelerated 3.15 percent, while Mazda Motor shed 0.55 percent, Toyota Motor eased 0.10 percent, Honda Motor climbed 1.01 percent, Softbank Group soared 3.53 percent, Mitsubishi UFJ Financial dipped 0.11 percent, Mizuho Financial collected 0.79 percent, Sumitomo Mitsui Financial added 0.41 percent, Mitsubishi Electric rose 0.35 percent, Sony Group slumped 1.11 percent, Panasonic Holdings lost 0.49 percent and Hitachi fell 0.24 percent.
RTTNews | il y a 50 minutes
KOSPI May Run Out Of Steam On Tuesday

KOSPI May Run Out Of Steam On Tuesday

The South Korea stock market has tracked higher in three straight sessions, collecting almost 80 points or 2.6 percent along the way. The KOSPI now sits just shy of the 3,210-point plateau although it's due for consolidation on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | il y a 1h 6min
RBA Minutes On Tap For Tuesday

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its August 12 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.
RTTNews | il y a 2h 6min
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved slightly above the flat line in late afternoon trades on Monday, but quickly tumbled again to eventually settle on a weak note.
RTTNews | il y a 6h 4min
European Markets Close Weak After Cautious Session

European Markets Close Weak After Cautious Session

European stocks closed on a weak note on Monday after a cautious session as investors awaited key inflation data from major economies in the region, and looked for more details about U.S. - EU trade deal.
RTTNews | il y a 6h 24min