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DAX Little Changed In Cautious Trade
(RTTNews) - German stocks were little changed on Tuesday as investors digested mixed signals from ECB policymakers on the central bank's future interest-rate path.
After several ECB officials hinted at slower rate hikes, ECB policymaker Robert Holzmann has backed another 75-bps rate hike at the next rate-setting meeting in December.
The euro rose against the dollar in European trade, holding above two-week lows amid grim outlook for European services and manufacturing.
The benchmark DAX was down 15 points, or 0.1 percent, at 14,364 after declining 0.4 percent on Monday.
Thyssenkrupp shares slumped 4.6 percent after activist fund Cevian cut its stake in the industrial engineering company to less than 1 percent.
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Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market trading on Monday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 8,800.00 level, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners.
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1h 8min ago
Asian Markets Trade Mostly Higher
Asian markets are mostly higher on Monday, following the positive cues from Wall Street on Friday, amid increased confidence the US Fed will continue lower interest rates in the coming months after data showed US consumer price inflation rose in line with economist estimates in August. However, ongoing tariff uncertainty and the intensifying Russia-Ukraine war are weighing on market sentiment.
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1h 14min ago
Sensex, Nifty Set To Follow Global Peers Higher
Indian shares look set to open higher on Monday as in-line U.S. inflation data helped increase confidence the Federal Reserve will continue lowering interest rates in the coming months to bolster a cooling labor market.
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2h 6min ago
Thai Stock Market May Earn Back Friday's Losses
The Thai stock market on Friday snapped the two-day winning streak in which it had gained more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,280-point plateau although it may bounce higher again on Monday.
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2h 38min ago
Indonesia Bourse May Extend Friday's Gains
The Indonesia stock market bounced higher again on Friday, one day after ending the two-day winning streak in which it had advanced more than 85 points or 1.1 percent. The Jakarta Composite Index sits just beneath the 8,100-point plateau and it may add to its winnings on Monday.
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3h 8min ago
Japanese Market Significantly Lower
The Japanese stock market is trading significantly lower on Monday, extending the losses in the previous session, despite the broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 44,950 level, with weakness in index heavyweights, automakers, exporters and financial stocks partially offset by gains in technology stocks.
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3h 14min ago
Hong Kong Shares May Find Traction On Monday
The Hong Kong stock market has moved lower in back-to-back sessions, dropping more than 390 points or 1.7 percent along the way. The Hang Seng Index now sits just beneath the 26,130-point although it's due for support on Monday.
RTTNews
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3h 23min ago
Australian Market Notably Higher
The Australian stock market is notably higher on Monday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains in financial and technology stocks.
RTTNews
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3h 37min ago
