DAX Gains Ahead Of Key Inflation Reading

RTTNews | 517 days ago
DAX Gains Ahead Of Key Inflation Reading

(RTTNews) - German stocks traded slightly higher on Wednesday ahead of the release of euro zone inflation data later in the day.

Regional bond yields dipped, a day after data showed German inflation eased more than expected in March, supporting expectations that the European Central Bank will start lowering interest rates in June.

The benchmark DAX was up 42 points, or 0.2 percent, at 18,325 after losing 1.1 percent the previous day.

Siemens shares edged up slightly after the engineering firm said it was not planning to make an offer for British engineer Renishaw.

Wind turbine maker Nordex Group fell nearly 2 percent despite securing an order for a further 39 turbines from wind and solar park developer Umweltgerechte Kraftanlagen GmbH & Co. KG.

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Win Streak May End For Thai Stock Market

Win Streak May End For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, adding more than a dozen points or 1 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,250-point plateau although the rally may stall on Wednesday.
RTTNews | 49 minutes ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,250 level, with weakness in index heavyweights, financial and technology stocks partially offset by gains in exporter stocks.
RTTNews | 1h 14min ago
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market on Wednesday ended the two-day winning streak in which it had picked up almost 620 points or 2.4 percent. The Hang Seng Index now sits just shy of the 25,500-point plateau and it's expected to open in the red again on Wednesday.
RTTNews | 1h 34min ago
Australian Market Notably Lower

Australian Market Notably Lower

Australian shares are trading notably lower on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 1h 36min ago
China Shares May Take Further Damage On Wednesday

China Shares May Take Further Damage On Wednesday

The China stock market on Tuesday wrote a finish to the three-day winning streak in which it had improved more than 75 points or 2 percent. The Shanghai Composite Index now sits just shy of the 3,860-point plateau and the losses may accelerate on Wednesday.
RTTNews | 1h 49min ago
Taiwan Bourse May Extend Losing Streak

Taiwan Bourse May Extend Losing Streak

The Taiwan stock market has finished lower in four straight sessions, slumping more than 500 points or 2 percent along the way. The Taiwan Stock Exchange now sits just above the 24,000-point plateau and it may take further damage on Wednesday.
RTTNews | 2h 21min ago
Singapore Shares: Resistance Expected At 4,300 Points

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The Singapore stock market has moved higher in five straight sessions, collecting more than 50 points or 1.2 percent in that span. The Straits Times Index now sits just shy of the 4,300-point plateau, although it may run out of steam on Wednesday.
RTTNews | 2h 48min ago