DAX Dips On Weak China Data

RTTNews | 890 hari yang lalu
DAX Dips On Weak China Data

(RTTNews) - German stocks slipped into the red on Tuesday after data showed Chinese imports plunged and export growth slowed in April, raising fresh concerns about the country's economic recovery from the pandemic.

Traders also braced for key U.S. inflation data due this week for fresh clues on the Federal Reserve's monetary policy path.

The benchmark DAX was down 43 points, or 0.3 percent, at 15,909 after ending flat with a negative bias in the previous session.

Auto giant Daimler Truck Holding tumbled 3.6 percent after confirming preliminary results and keeping its outlook unchanged.

Fresenius Medical Care rose over 1 percent. The dialysis specialist said it is seeing improving trends in the first quarter after operating profit declined less than feared.

Fresenius SE & Co. surged 6.5 percent after confirming its FY23 guidance.

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Sensex, Nifty Modestly Higher In Cautious Trade

Sensex, Nifty Modestly Higher In Cautious Trade

Indian shares were slightly higher on Wednesday after the International Monetary Fund lifted its growth projection for India this fiscal year and Fed Chair Jerome Powell signaled two more quarter-point interest-rate cuts this year, citing a sharp slowdown in hiring.
RTTNews | 43 minit yang lalu
Australian Market Maintains Early Gains In Mid-market

Australian Market Maintains Early Gains In Mid-market

The Australian stock market is maintaining its early gains in mid-market moves on Wednesday, adding to the gains in the previous session, with the benchmark S&P/ASX 200 moving well above the 8,950 level, following the mixed cues from Wall Street overnight, with gains in mining and financial stocks partially offset by weakness in energy stocks.
RTTNews | 1j 46min yang lalu
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remain optimistic about further interest rate cuts after US Fed Chair Jerome Powell signaled two more quarter-point interest-rate cuts this year, citing a sharp slowdown in hiring. Meanwhile, concerns about ongoing trade tensions between the U.S. and China are weighing on the markets
RTTNews | 2j 13min yang lalu
Sensex, Nifty Set To Follow Asian Peers Higher

Sensex, Nifty Set To Follow Asian Peers Higher

Indian shares look set to open on a positive note Wednesday, defying Wall Street's declines and U.S. President Donald Trump's fresh warning that countries aligning with BRICS could face new U.S. tariffs.
RTTNews | 2j 37min yang lalu
Thai Stock Market May Find Support On Wednesday

Thai Stock Market May Find Support On Wednesday

The Thai stock market has moved lower in consecutive trading days, retreating almost 50 points or 3.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,265-point plateau and it's expected to see a steady start on Wednesday.
RTTNews | 3j 13min yang lalu
Steady Start Eyed For Indonesia Stock Market

Steady Start Eyed For Indonesia Stock Market

The Indonesia stock market has finished lower in back-to-back sessions, stumbling more than 190 points or 2.4 percent along the way. The Jakarta Composite Index now rests just beneath the 8,070-point plateau although investors may go bargain hunting on Wednesday.
RTTNews | 3j 43min yang lalu
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is trading significantly higher on Wednesday, reversing the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 47,200 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 3j 51min yang lalu
Hong Kong Shares May Stop The Bleeding On Wednesday

Hong Kong Shares May Stop The Bleeding On Wednesday

The Hong Kong stock market has finished lower in seven straight trading days, plunging more than 1,850 points or 7 percent along the way. The Hang Seng Index now rests just above the 25,440-point plateau and it is overdue for support on Wednesday.
RTTNews | 3j 58min yang lalu