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DAX Little Changed In Cautious Trade
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(RTTNews) - German stocks were little changed on Tuesday as investors digested mixed signals from ECB policymakers on the central bank's future interest-rate path.
After several ECB officials hinted at slower rate hikes, ECB policymaker Robert Holzmann has backed another 75-bps rate hike at the next rate-setting meeting in December.
The euro rose against the dollar in European trade, holding above two-week lows amid grim outlook for European services and manufacturing.
The benchmark DAX was down 15 points, or 0.1 percent, at 14,364 after declining 0.4 percent on Monday.
Thyssenkrupp shares slumped 4.6 percent after activist fund Cevian cut its stake in the industrial engineering company to less than 1 percent.
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European Shares Seen Mixed As Focus Shifts To US-Russia Talks
European stocks are seen opening on a mixed note Thursday as traders eagerly await a high-profile meeting between U.S. President Donald Trump and Russian President Vladimir Putin scheduled for Friday.
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European Economic News Preview: UK GDP & Foreign Trade Data Due
Monthly GDP estimates and foreign trade from the UK and flash quarterly national accounts and employment from the euro area are due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial output and foreign trade data. The economy is forecast to grow 0.2 percent on a monthly basis in June, reversing a 0.1 percent fall in May.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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Sensex, Nifty Marginally Higher Ahead Of US-Russia Talks
Indian shares were marginally higher in early trade on Thursday, mirroring mostly positive cues from global markets ahead of the August 15 meeting between the U.S. President Donald Trump and his Russian counterpart Vladimir Putin.
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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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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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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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