DAX Extends Gains On Hopes For A Fed Retreat

RTTNews | 955 days ago
DAX Extends Gains On Hopes For A Fed Retreat

(RTTNews) - German stocks rallied on Tuesday to extend gains from the previous session as investors scooped up beaten-down shares amid hopes that the U.S. Federal Reserve could ease back on hiking rates.

The dollar slipped and bond yields declined after overnight data showed U.S. manufacturing activity grew at its slowest pace in nearly 2.5 years in September.

Sentiment was also underpinned after the Reserve Bank of Australia surprised markets by slowing the pace of interest rate rises.

The benchmark DAX jumped 279 points, or 2.3 percent, to 12,488 after rising 0.8 percent in the previous session.

Tech stocks led the surge, with Infineon Technologies climbing 4.7 percent amid a retreat in bond yields.

Travel and leisure companies were also gaining ground, with Lufthansa rising 2.3 percent and TUI AG gaining 4 percent.

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Sensex, Nifty Modestly Lower On Weak Asian Cues

Sensex, Nifty Modestly Lower On Weak Asian Cues

Indian shares were a tad lower on Friday, tracking weak cues from other Asian markets. The benchmark S&P BSE Sensex was down 195 points, or 0.2 percent, at 82,333 in early trade while the broader NSE Nifty index dropped 47 points, or 0.2 percent, to 25,015.
RTTNews | 55 minutes ago
Australian Market Trims Early Strong Gains In Mid-market

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RTTNews | 1h 43min ago
Asian Markets Trade Mostly Lower

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Asian stock markets are trading mostly lower on Friday, following the mixed cues from Wall Street overnight, as traders digested the latest settlements on the trade tariff front and remained caution as they awaited more clarity on the developments in trade negotiations with other trade partners. Asian markets ended mostly higher on Thursday.
RTTNews | 1h 58min ago
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

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RTTNews | 2h 48min ago
Thai Shares May Reclaim 1,200-Point Level

Thai Shares May Reclaim 1,200-Point Level

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RTTNews | 3h 22min ago
Japanese Market Notably Lower

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 37,500 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | 3h 41min ago
Win Streak May Continue For Indonesia Bourse

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The Indonesia stock market has finished higher in three straight sessions, improving more than 210 points or 3.1 percent in that span. The Jakarta Composite Index now rests just above the 7,040-point plateau and it's expected to extend its gains again on Friday.
RTTNews | 3h 52min ago
Hang Seng Tipped To Open To The Upside On Friday

Hang Seng Tipped To Open To The Upside On Friday

The Hong Kong stock market has moved lower in two of three trading days since the end of the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,450-point plateau and it's expected to bounce higher again on Friday.
RTTNews | 4h 7min ago