DAX Marginally Higher In Lackluster Trade

RTTNews | 790 days ago
DAX Marginally Higher In Lackluster Trade

(RTTNews) - German stocks were little changed on Thursday after global central bankers reaffirmed their resolve to fight inflation, warning rates may need to rise further.

Federal Reserve Chair Jerome Powell said there was "more restriction coming" and successive rate rises were not off the table.

European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey also made hawkish remarks while in contrast, Bank of Japan Governor Kazuo Ueda noted that there's still some distance to go to consider an exit from ultra-easy stimulus.

The benchmark DAX was marginally higher at 15,952 after gaining 0.6 percent the previous day.

Euro zone bond yields edged higher today after preliminary data showed inflation rose in five economically important German states in the month of June.

Sweden's crown hit a record low after the Riksbank modestly raised its policy rate and accelerated bond sales.

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 12 minutes ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

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RTTNews | 28 minutes ago
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | 1h 10min ago
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | 1h 18min ago
Thai Bourse May Halt Losing Streak On Thursday

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
RTTNews | 1h 27min ago
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 1h 35min ago
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
RTTNews | 1h 57min ago