DAX Declines As Focus Turns To US Inflation Data

RTTNews | 1116 hari yang lalu
DAX Declines As Focus Turns To US Inflation Data

(RTTNews) - German stocks declined on Tuesday as investors awaited Wednesday's key U.S. inflation print for clues on the Fed's next move. The benchmark DAX dropped 40 points, or 0.3 percent, to 13,647 after climbing 0.8 percent in the previous session.

Automotive parts manufacturer Continental AG fell over 1 percent after it swung to a loss in the second quarter.

Automakers BMW and Volkswagen were seeing modest losses.

Munich Re gained 1 percent. The reinsurer kept its annual target unchanged after profit and premiums in the second quarter beat expectations.

Wacker Neuson shares slumped 4.7 percent. The maker of construction equipment and machines posted a decline in earnings for the first-half amidst persisting supply chain strains and high costs for materials, energy and shipping.

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European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
RTTNews | 40 minit yang lalu
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 2j 44min yang lalu
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 3j 13min yang lalu
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 4j 19min yang lalu
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | 4j 37min yang lalu
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | 4j 49min yang lalu