DAX Edges Higher In Cautious Trade

RTTNews | Před 949 dny
DAX Edges Higher In Cautious Trade

(RTTNews) - German stocks rose on Monday, though the upside remained capped after a survey showed the country's economic downturn deepened in October as a result of higher energy costs. The flash S&P Global composite purchasing managers' index slipped to 44.1 from 45.7 in September, the lowest since May 2020, when the country was under a COVID lockdown. The flash services PMI fell to 44.9 from 45.0.

Italian political developments were also in focus after Giorgia Meloni was sworn in as the country's first woman prime minister on Saturday.

The benchmark DAX was up 0.3 percent at 12,763 after declining 0.3 percent on Friday. Travel-related and banking stocks were among the prominent gainers.

Euro zone bond yields fell today amid expectations that central banks might slow the pace of monetary tightening early next year.

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European Economic News Preview: Germany Inflation, Retail Sales Data Due

European Economic News Preview: Germany Inflation, Retail Sales Data Due

Inflation and retail sales from Germany and private sector credit from the euro area are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales figures for April. Sales are forecast to grow 0.3 percent month-on-month, in contrast to the 0.2 percent fall in March.
RTTNews | Před 24 minutami
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Friday.
RTTNews | Před 1 h 9 min
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, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,400 level, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners and technology stocks.
RTTNews | Před 2 h 51 min
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Friday, despite the broadly positive cues from Wall Street overnight, as lingering uncertainty about the ongoing trade war continued to weight on the markets after an appeals court temporarily paused the lower court's ruling to block US President Donald Trump's reciprocal tariffs on imports from U.S. trade partners.
RTTNews | Před 3 h 22 min
Sensex, Nifty Seen Lower Amid US Tariff Uncertainty

Sensex, Nifty Seen Lower Amid US Tariff Uncertainty

Indian shares are likely to open lower on Friday as investors watch the judicial developments surrounding U.S. President Donald Trump's "reciprocal" tariffs and weigh the outlook for Fed policy.
RTTNews | Před 3 h 43 min
Higher Open Tipped For Thai Stock Market

Higher Open Tipped For Thai Stock Market

The Thai stock market on Thursday ended the two-day slide in which it had dropped almost 20 points or 1.5 percent. The Stock Exchange of Thailand now rests just beneath the 1,165-point plateau and it's expected to open to the upside again on Friday.
RTTNews | Před 4 h 50 min