DAX Rises Amidst Easing Inflation

RTTNews | 770天前
DAX Rises Amidst Easing Inflation

(RTTNews) - The DAX benchmark of the Frankfurt bourse gained on Wednesday as markets took cognizance of the easing in inflation in the euro area as well as the U.K. Dovish hints from an ECB official a day earlier also supported sentiment. Caution ahead of interest rate decisions by the Federal Reserve and ECB due next week, limited gains.

Data released earlier confirmed the inflation readings for June from Euro Area at 5.5 percent versus 6.1 percent in the previous month. Inflation in the U.K. too dropped more than expected to 7.9 percent.

The forty-scrip DAX index is currently trading at 16,168.45, having gained 43 points or 0.27 percent on an overnight basis. The day's trading has been within the range of 16,121.45 and 16,240.95.

Only 14 of the 40 scrips in the index are currently trading in the overnight negative territory.

Real estate business Vonovia surged 6.5 percent. Zalando has gained 2.2 percent. Sartorius, Symrise and Siemens Healthineers have all gained more than 1 percent.

Daimler Truck Holding has declined 2.8 percent. Covestro dropped 1.6 percent.

The EUR/USD pair increased 0.10 percent higher to 1.1237. The pair ranged between 1.1240 and 1.1196.

The ten-year bond yield has plunged 1.9 percent to 2.3040%, versus 2.348% at the previous close.

read more
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 48分鐘前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | 1小時3分鐘前
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | 1小時46分鐘前
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | 1小時54分鐘前
Thai Bourse May Halt Losing Streak On Thursday

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
RTTNews | 2小時3分鐘前
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 2小時11分鐘前
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
RTTNews | 2小時33分鐘前