DAX Holds Steady Ahead Of Fed Decision

RTTNews | 658天前
DAX Holds Steady Ahead Of Fed Decision

(RTTNews) - German stocks were little changed on Wednesday ahead of the Federal Reserve's rate decision later in the day.

While no change in interest rates is expected, investors await the accompanying policy statement and Chair Jerome Powell's press conference for fresh insight on the likely path ahead.

A pause in interest rates at today's meeting would mark the second consecutive pause in interest rates since the Fed lifted rates to a range of 5.25 percent to 5 percent in July.

The benchmark DAX was marginally higher at 14,822 after gaining 0.6 percent in the previous session.

Banks traded higher, with Commerzbank rallying 1.3 percent and Deutsche Bank adding half a percent.

Automakers BMW and Mercedes Benz both traded up around 1 percent.

read more
Japan Manufacturing PMI Improves Top 49.9 - Jibun

Japan Manufacturing PMI Improves Top 49.9 - Jibun

The manufacturing sector in Japan continued to contract in August, although at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 49.9.
RTTNews | 36分鐘前
Soft Start Predicted For Taiwan Stock Market

Soft Start Predicted For Taiwan Stock Market

The Taiwan stock market has moved lower in two straight sessions, plunging more than 850 points or 3.8 percent along the way. The Taiwan Stock Exchange now sits just above the 23,625-point plateau and it's expected to at least open in the red again on Thursday.
RTTNews | 39分鐘前
Win Streak May End For Singapore Stock Market

Win Streak May End For Singapore Stock Market

The Singapore stock market has moved higher in back-to-back sessions, collecting more than 30 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 4,220-point plateau although it figures to run out of steam on Thursday.
RTTNews | 1小時9分鐘前
Malaysia Bourse May Extend Wednesday's Losses

Malaysia Bourse May Extend Wednesday's Losses

The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had picked up almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau and the losses may accelerate on Thursday.
RTTNews | 1小時39分鐘前
Continued Consolidation Called For Nikkei

Continued Consolidation Called For Nikkei

The Japan stock market has moved lower in two straight sessions, dropping more than 825 points or 1.9 percent along the way. The Nikkei 225 now sits just beneath the 42,890-point plateau and it may take further damage again on Thursday.
RTTNews | 1小時54分鐘前
KOSPI May Extend Losing Streak

KOSPI May Extend Losing Streak

The South Korea stock market has moved lower in three straight sessions, sinking almost 100 points or 3 percent along the way. The KOSPI now sits just above the 3,130-point plateau and it may tick lower again on Thursday.
RTTNews | 2小時9分鐘前