DAX Edges Higher On Dovish Fed Commentary

RTTNews | 692 일 전
DAX Edges Higher On Dovish Fed Commentary

(RTTNews) - German stocks traded higher on Thursday, with dovish comments from Federal Reserve officials and declining bond yields helping underpin sentiment ahead of U.S. CPI data due out later in the day.

The benchmark DAX was up 84 points, or half a percent, at 15,543 after edging up 0.2 percent in the previous session.

Siemens Energy rose about 1 percent after it has agreed to sell its Trench business to investment firm Triton as part of many strategic decisions to sharpen its focus on its core business. The financial terms of the deal were not disclosed.

Wind turbine maker Nordex was down half a percent after reporting a decline in the average selling price per megawatt of output in the third quarter of 2023 due to regional mix effects.

Sugar producer Suedzucker was marginally lower despite lifting its full-year earnings forecast.

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Australia GDP Growth Accelerates In Q2

Australia GDP Growth Accelerates In Q2

The Australian economy expanded at a faster pace in the second quarter after severe weather events damped activity in the preceding quarter, data from the Australian Bureau of Statistics revealed on Wednesday. Gross domestic product growth doubled to 0.6 percent in the June quarter from 0.3 percent in the March period. The rate also exceeded economists' forecast of 0.5 percent.
RTTNews | 1 시간 0 분 전
China Service Sector Growth Improves In August

China Service Sector Growth Improves In August

China's service sector growth accelerated in August driven by the strong upturn in new orders, survey data from S&P Global showed on Wednesday. The headline RatingDog services Purchasing Managers' Index rose unexpectedly to 53.0 in August from 52.6 in July. Economists expect the indicator to fall to 52.4. The rate of increase was the fastest seen since May 2024.
RTTNews | 1 시간 8 분 전
European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

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RTTNews | 1 시간 38 분 전
European Shares Seen Up In Cautious Trade

European Shares Seen Up In Cautious Trade

European stocks are seen opening slightly higher on Wednesday as bond yields stabilized after a spike overnight and a federal judge ruled against breaking up Google, fueling optimism that tech giants will be able to weather regulatory threats.
RTTNews | 2 시간 15 분 전
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 3 시간 55 분 전
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the negative cues from Wall Street overnight, as traders remain cautious amid renewed uncertainty among various nations trading with the US, many of which have concluded tariff deals, after a US Appeals Court ruled that US President Donald Trump's "reciprocal tariffs" are illegal. Asian markets closed mixed on Tuesday.
RTTNews | 3 시간 58 분 전
Sensex, Nifty Set To Open Lower Amid Rising Global Bond Yields

Sensex, Nifty Set To Open Lower Amid Rising Global Bond Yields

Indian shares look set to open on a weak note on Wednesday, with trade tensions and caution ahead of the two-day Goods and Services Tax (GST) Council meeting, scheduled for Sept 3-4, likely to keep investors on edge.
RTTNews | 5 시간 29 분 전