DAX Edges Higher On ECB Rate Cut Hopes

RTTNews | Před 621 dny
DAX Edges Higher On ECB Rate Cut Hopes

(RTTNews) - German stocks traded higher on Friday amid expectations of interest-rate cuts in the second quarter.

ECB member and Bank of France head Francois Villeroy de Galhau said the central bank should favor gradual rate cuts rather than waiting too long to cut rates this year.

The risk of moving too late exists "at least" as much as that of moving too soon, he said in an interview with Belgian newspaper L'Echo.

The benchmark DAX was up 92 points, or half a percent, at 17,139 after gaining 0.6 percent in the previous session.

Automotive supplier Hella fell over 2 percent despite posting improved full-year portfolio-adjusted sales and operating income.

Volkswagen gained 1 percent after signing a supply agreement with India's Mahindra & Mahindra on the use of key electric components of the German carmaker's open platform for electric vehicles (EVs).

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Taiwan Bourse May Remain Rangebound On Thursday

Taiwan Bourse May Remain Rangebound On Thursday

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RTTNews | Před 18 minutami
Singapore Shares May See Continued Consolidation

Singapore Shares May See Continued Consolidation

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RTTNews | Před 43 minutami
U.S. Dollar Climbs On Powell's Comments

U.S. Dollar Climbs On Powell's Comments

The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, as Federal Reserve Chair Jerome Powell's comments triggered doubts about the likelihood of a rate cut in December.
RTTNews | Před 58 minutami
Malaysia Stock Market May Spin Its Wheels On Thursday

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RTTNews | Před 1 h 13 min
Japan Bourse May See Mild Downside Correction

Japan Bourse May See Mild Downside Correction

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RTTNews | Před 1 h 28 min
South Korea Shares May Be Stuck In Neutral

South Korea Shares May Be Stuck In Neutral

The South Korea stock market bounced higher again on Wednesday, one day after halting the two-day winning streak in which it had gained almost 200 points or 5 percent. Now at a fresh record closing high, the KOSPI sits just above the 4,080-point plateau although investors may lock in gains on Thursday.
RTTNews | Před 1 h 43 min
Japan Rate Decision On Tap For Thursday

Japan Rate Decision On Tap For Thursday

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RTTNews | Před 2 h 43 min
Swiss Market Ends On Weak Note

Swiss Market Ends On Weak Note

After spending a few minutes in positive territory at the start, Switzerland stock market's benchmark SMI drifted down and then stayed weak right through the trading session on Wednesday, with investors digesting corporate earnings updates and looking ahead to the Federal Reserve's rate decision due later in the day.
RTTNews | Před 6 h 0 min