DAX Struggles For Direction

RTTNews | 981 hari yang lalu
DAX Struggles For Direction

(RTTNews) - German stocks struggled for direction on Wednesday as investors assessed China's move to ease COVID curbs.

Taking another step towards loosening its pandemic-related restrictions, the Chinese government announced it would start issuing new passports.

The dismantling of anti-virus travel barriers is expected to send an influx of free-spending Chinese tourists to revenue-starved destinations in Asia and Europe for next month's Lunar New Year holiday.

The benchmark DAX was down 15 points, or 0.1 percent, at 13,979 after rising 0.4 percent in the previous session.

Banks traded weak, with Deutsche Bank falling nearly 1 percent. Automakers BMW, Mercedes Benz and Volkswagen all were down around 1 percent.

The dollar index traded largely flat despite a spike in Treasury yields.

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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as some weaker than expected U.S. private sector job growth in the month of August bolstered bets the US Fed will lower interest rates later this month. The markets are pricing in a September rate cut and anticipating at least two reductions this year.
RTTNews | 11 minit yang lalu
Japanese Market Significantly Higher

Japanese Market Significantly Higher

Extending the gains in the previous session, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 42,900 level, with gains across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | 1j 31min yang lalu
Rebound Anticipated For Thai Stock Market

Rebound Anticipated For Thai Stock Market

The Thai stock market on Thursday snapped the three-day winning streak in which it had jumped almost 24 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to bounce higher again on Friday.
RTTNews | 1j 38min yang lalu
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains in financial stocks and a mixed performance across most other sectors.
RTTNews | 1j 51min yang lalu
Hang Seng Tipped To End Losing Streak

Hang Seng Tipped To End Losing Streak

The Hong Kong stock market has moved lower in three straight sessions, sinking more than 550 points or 2.2 percent in that span. The Hang Seng Index now sits just shy of the 25,060-point plateau although it's due for support on Friday.
RTTNews | 1j 53min yang lalu
China Stock Market May Find Traction On Friday

China Stock Market May Find Traction On Friday

The China stock market has moved lower in three straight sessions, dropping more than 110 points or 2.8 percent along the way. The Shanghai Composite Index now sits just above the 3,760-point plateau although it may stop the bleeding on Friday.
RTTNews | 2j 8min yang lalu
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has tracked higher in consecutive trading days, collecting more than 160 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,180-point plateau expected to open to the upside again on Friday.
RTTNews | 2j 38min yang lalu