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DAX Edges Higher In Cautious Trade

RTTNews | 1191 दिनों पहले

DAX Edges Higher In Cautious Trade

(RTTNews) - German stocks edged up slightly on Tuesday, as investors snapped up bargains following a bruising selloff the previous day on concerns about high inflation and aggressive policy tightening by central banks.

German consumer price inflation accelerated to a record high in May, as initially estimated, driven by higher energy prices, final data from Destatis showed earlier today.

Consumer price inflation rose to 7.9 percent in May from 7.4 percent in April. The rate came in line with the flash estimate published on May 30.

Another report from Destatis showed that wholesale price inflation moderated from a record high in May. Nonetheless, wholesale prices logged a strong double-digit growth of 22.9 percent annually after rising 23.8 percent in April.

The benchmark DAX inched up 0.2 percent 13,450 after losing 2.4 percent in the previous session.

Banks topped the gainers list, with Commerzbank rising 1.3 percent and Deutsche Bank adding 1.1 percent.

Drug discovery and development company Evotec edged up slightly after entering into a collaboration with Janssen Pharmaceutica NV.

Business software group SAP rose half a percent after U.S. firm Oracle Corp exceeded estimates on the top and bottom lines for its fiscal fourth quarter.

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European Shares Seen Tad Higher Ahead Of Fed Decision

European Shares Seen Tad Higher Ahead Of Fed Decision

European stocks may open broadly higher on Wednesday as investors await the Federal Reserve's policy decision and cling to hope for progress in Sino-U.S. trade talks.

RTTNews | 2घंटे 50 मिनट पहले

Sensex, Nifty Open Higher On Trade Talk Optimism

Sensex, Nifty Open Higher On Trade Talk Optimism

Indian shares were modestly higher on Wednesday after India and the U.S. agreed to speed up talks on a bilateral trade.

RTTNews | 4घंटे 6 मिनट पहले

European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer prices data from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK inflation data for August. Economists forecast consumer price inflation to remain unchanged at 3.8 percent.

RTTNews | 4घंटे 23 मिनट पहले

Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, reversing the gains in the previous session, with the benchmark S&P/ASX 200 falling well below the 8,850 level, following the broadly negative cues from Wall Street overnight, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.

RTTNews | 4घंटे 45 मिनट पहले

Asian Markets Track Global Markets Lower

Asian Markets Track Global Markets Lower

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, as traders fear the widely expected interest rate cut of a quarter point by the US Fed later in the day will be too little after recent US jobs and inflation numbers. They remain cautious and are reluctant to make significant moves ahead of the announcement.

RTTNews | 4घंटे 49 मिनट पहले

Sensex, Nifty Seen Up On Trade Talk Optimism

Sensex, Nifty Seen Up On Trade Talk Optimism

Indian shares look set to open on a positive note on Wednesday despite weak cues from global markets.

RTTNews | 5घंटे 46 मिनट पहले

Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has moved higher in eight straight sessions, adding almost 55 points or 4.5 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,310-point plateau although it may be stuck in neutral on Wednesday.

RTTNews | 6घंटे 23 मिनट पहले

Indonesia Bourse May Run Out Of Steam On Wednesday

Indonesia Bourse May Run Out Of Steam On Wednesday

The Indonesia stock market has moved higher in six straight sessions, advancing more than 320 points or 4.3 percent in that span. The Jakarta Composite Index now rests just beneath the 7,960-point plateau although the rally may stall on Wednesday.

RTTNews | 6घंटे 53 मिनट पहले

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उच्च जोखिम चेतावनी: फॉरन एक्सचेंज ट्रेडिंग में उच्च स्तर का खतरा होता है जो हर निवेशकों के लिए सही नहीं हो सकता. लीवरेज अधिकतम खातर और हानि के अनावरण को उत्पन्न करता है. इससे पहले कि आप निर्णय लें फॉरन एक्सचेंज में ट्रेड करने का, ध्यान अपने निवेश के उद्देश्यों, अनुभव स्तर, और खतरा उठाने की सहिष्णुता पर विचार करें. आप कुछ या अपनी प्रारंभिक निवेश को खो सकते हैं. बिल्कुल भी उस पैसे को निवेश ना करें जो आप खोने को बर्दाश्त नहीं कर सकते. अपने आप को शिक्षित करें उन खतरों से जो फॉरन एक्सचेंज ट्रेडिंग से संबंधित हैं, और सलाह लें किसी स्वतंत्र आर्थिक या कर सलाहकार से अगर आपके पास कोई भी प्रश्न हैं तो. कोई भी डाटा या जानकारों जो दी जाती है वे केवल सूचनात्मक उद्देश्यों के लिए है, और यब ट्रेडिंग आशय या सलाह पर नियत नहीं है. पिछले निष्पादन भविष्य के परिणामों के लिए परियाचक नहीं हैं.