DAX Gains With Focus On Fed Meeting

RTTNews | 370日前
DAX Gains With Focus On Fed Meeting

(RTTNews) - German stocks were modestly higher on Friday, heading into next week's FOMC meeting, where a 25-bps interest-rate cut is expected.

The euro edge higher after ECB policymakers signaled no further rate cuts in the immediate future.

ECB official Joachim Nagel stated that inflation in the euro zone is going in the right direction and the inflation target is likely to be reached at the end of next year.

The benchmark DAX was up 72 points, or 0.4 percent, at 18,590 after rallying 1 percent in the previous session.

Commerzbank shares rallied 2.2 percent. The head of Germany's central bank said that authorities would take a "very close look" at UniCredit's overtures to potentially buy the German bank.

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Thai Shares May Halt Slide On Friday

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RTTNews | 1時7分前
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Higher Open Tipped For Indonesia Stock Market

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The Indonesia stock market on Thursday ended the seven-day winning streak in which it had surged almost 400 points or 5 percent. The Jakarta Composite Index now sits just shy of the 8,010-point plateau, although it may tick higher again on Friday.
RTTNews | 1時37分前
Australian Market Notably Higher

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RTTNews | 1時37分前
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China Shares May Bounce Higher Again On Friday

China Shares May Bounce Higher Again On Friday

The China stock market on Thursday ended the two-day winning streak in which it had collected more than 15 points or 0.4 percent. The Shanghai Composite Index now rests just above the 3,830-point plateau although it's expected to rebound on Friday.
RTTNews | 2時7分前
Taiwan Stock Market May Crack 26,000-Point Barrier

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