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DAX Climbs Ahead Of US Inflation Reading
(RTTNews) - German stocks climbed on Thursday as investors awaited U.S. CPI data later in the day for clues on the Federal Reserve's rate trajectory.
Consumer price inflation is expected to edge higher to an annual 3.2 percent in December from 3.1 percent in November.
The Core CPI, which strips volatile food and energy prices, is forecast to rise 0.3 percent on monthly basis to match November's reading.
The benchmark DAX jumped 126 points, or 0.8 percent, to 16,816 after ending on a flat note the previous day.
Among the prominent gainers, Adidas, BMW, Daimler, Deutsche Post, Mercedes Benz, Sartorius, Volkswagen and Zalando rose 1-2 percent.
Banks traded weak, with Deutsche Bank falling more than 2 percent.
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Australian Market Extends Early Gains In Mid-market
The Australian market is extending early gains in mid-market moves on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,900 level to fresh all-time highs, with gains in mining, energy and financial stocks.
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45 मिनटों पहले
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, on continued optimism over the outlook for interest rates, with the US Fed widely expected to lower rates by a least a quarter point next month. Asian markets closed mostly higher on Wednesday.
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Sensex, Nifty Seen Flat To Lower At Open
Indian shares may open flat to slightly lower on Thursday despite mostly positive cues from global markets.
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1घंटे 36 मिनट पहले
Thai Stock Market May Tick Higher Again On Thursday
The Thai stock market bounced higher again on Wednesday, one session after ending 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 1,275-point plateau and it may add to its gains from the previous session.
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2घंटे 16 मिनट पहले
Win Streak May Continue For Indonesia Stock Market
The Indonesia stock market has tracked higher in four straight sessions, improving more than 400 points or 5.3 percent along the way. The Jakarta Composite Index now sits just above the 7,890-point plateau and it's expected to open higher again on Thursday.
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2घंटे 46 मिनट पहले
Japanese Market Significantly Lower
The Japanese market is trading significantly lower on Thursday, snapping the seven-session winning streak, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 42,900 level, with weakness in index heavyweights, exporters and technology stocks partially offset by gains in financial stocks.
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2घंटे 50 मिनट पहले
Australian Market Notably Higher
The Australian market is trading notably higher on Thursday, reversing the losses 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 to fresh all-time highs, with gains in mining, energy and financial stocks.
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3घंटे 12 मिनट पहले
China Stock Market May Challenge 3,700-Point Level
The China stock market has moved higher in three straight sessions, collecting almost 50 points or 1.4 percent along the way. The Shanghai Composite Index now sits just above the 3,680-point plateau and it may extend its gains again on Thursday.
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3घंटे 16 मिनट पहले
