DAX Subdued In Cautious Trade Ahead Of Central Bank Meetings

RTTNews | 937天前
DAX Subdued In Cautious Trade Ahead Of Central Bank Meetings

(RTTNews) - German stocks were little changed in cautious trade on Monday, as investors digested weak Chinese data and awaited key interest-rate decisions from the Federal Reserve and the Bank of England this week for directional cues.

The U.S. Federal Reserve is seen slowing its aggressive rate hike pace after delivering a 75-points rate hike after the conclusion of a two-day policy meeting on Wednesday.

The Bank of England may also unleash a 75-basis point rate hike on Thursday in a show of aggression toward inflation.

The benchmark DAX slipped 14 points, or 0.1 percent, to 13,229 after rising 0.2 percent on Friday.

Fresenius Medical Care shares surged 5.3 percent despite the healthcare company cutting its FY22 profit outlook.

The company said it expects 2022 net income attributable to shareholders of the company to decline in the high teens to mid-twenties percentage range.

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Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market bounced higher again on Friday, one day after snapping the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just above the 23,600-point plateau although it's tipped to open in the red on Monday.
RTTNews | 23分钟前
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower in choppy trading on Monday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying near the 8,350.00 level, with a mixed performance across most sectors. Gold miners were the only bright spot
RTTNews | 38分钟前
China Shares Likely To Open To The Downside Again On Monday

China Shares Likely To Open To The Downside Again On Monday

The China stock market has moved lower in two straight sessions, falling almost 40 points or 1.2 percent along the way. The Shanghai Composite Index now rests just beneath the 3,350-point plateau and it's looking at another soft start again on Monday.
RTTNews | 38分钟前
Taiwan Shares May See Further Damage Again On Monday

Taiwan Shares May See Further Damage Again On Monday

The Taiwan stock market has moved lower in back-to-back sessions, sinking more than 150 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just above the 21,650-point plateau and it may extend its losses on Monday.
RTTNews | 1小时8分钟前
Singapore Bourse Likely To Remain Rangebound

Singapore Bourse Likely To Remain Rangebound

The Singapore stock market ticked higher again on Friday, one day after ending the two-day winning streak in which it had risen just 6 points or 0.15 percent. The Straits Times Index now sits just above the 3,880-point plateau, although it may remain stuck in neutral on Monday.
RTTNews | 1小时38分钟前
Malaysia Stock Market May See Renewed Consolidation

Malaysia Stock Market May See Renewed Consolidation

The Malaysia stock market on Friday ended the six-day losing streak in which it had tumbled more than 55 points or 3.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,535-point plateau although it's expected to open under pressure again on Monday.
RTTNews | 2小时8分钟前
Japan Shares May Head South Again On Monday

Japan Shares May Head South Again On Monday

The Japanese stock market on Friday snapped the two-day slide in which it had dropped almost 550 points or 1.5 percent. The Nikkei 225 now sits just above the 37,160-point plateau although it may hand back those gains on Monday.
RTTNews | 2小时23分钟前
South Korea Bourse May Extend Losing Streak

South Korea Bourse May Extend Losing Streak

The South Korea stock market has finished lower in back-to-back sessions, sinking almost 35 points or 1.4 percent along the way. The KOSPI now rests just above the 2,590-point plateau and it may take further damage on Monday.
RTTNews | 2小时38分钟前