DAX Little Changed As Recession Worries Weigh

RTTNews | 578日前
DAX Little Changed As Recession Worries Weigh

(RTTNews) - German stocks were little changed on Wednesday as investors awaited key U.S. inflation data as well as fourth-quarter earnings from large U.S. banks this week for directional cues.

Meanwhile, soft indicators confirm the possibility of a technical recession in the euro area during the second half of 2023 and the future remains uncertain, European Central Bank Vice President Luis de Guindos said earlier today in a speech.

The benchmark DAX was marginally higher at 16,692 after declining 0.2 percent in the previous session.

The dollar was tad higher in currency markets while U.S. Treasury yields eased a few basis points.

In corporate news, wind turbine manufacturer Nordex SE was moving lower despite receiving orders for 197 MW from wind and solar park developer UKA.

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Additional Support Predicted For Malaysia Stock Market

Additional Support Predicted For Malaysia Stock Market

The Malaysia stock market has moved higher in four straight sessions, collecting almost 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,555-point plateau and it's got another green light for Monday's trade.
RTTNews | 15分前
Rebound Anticipated For South Korea Stock Market

Rebound Anticipated For South Korea Stock Market

The South Korea stock market on Friday wrote a finish to the four-day winning streak in which it had jumped almost 110 points or 3.6 percent. The KOSPI now sits just above the 3,210-point plateau although it may bounce higher again on Monday.
RTTNews | 45分前
Indonesia Retail Sales Data Due On Monday

Indonesia Retail Sales Data Due On Monday

Indonesia will on Monday release July figures for retail sales, highlighting a light day for Asia-Pacific economic activity. In June, sales were up 1.9 percent on year.
RTTNews | 1時45分前
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Friday despite exhibiting weakness for much of the time past noon. Investors continued to react to earnings and assess the economic impact of reciprocal tariffs, and stayed largely cautious with their moves. A report showing a drop in Swiss consumer confidence in the month of July hurt sentiment.
RTTNews | 2日前
Major European Markets Close On Mixed Note

Major European Markets Close On Mixed Note

Major European markets turned in a mixed performance on Friday with investors largely staying cautious, assessing the impact of tariffs on global economic growth, and continuing to digest corporate earnings announcements and other data.
RTTNews | 2日前
Positive Start Seen For Canadian Stocks

Positive Start Seen For Canadian Stocks

Canadian stocks may edge up a bit in early trades Friday morning with some encouraging earnings announcements and firm commodity prices aiding sentiment. Investors will also be reacting to the data showing a 41,000 jobs drop in Canadian employment in the month of July. Data from Statistics Canada also showed that the unemployment rate in Canada came in unchanged at 6.9%.
RTTNews | 2日前