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DAX Extends Losses On Growth Worries
(RTTNews) - German stocks fell on Friday to extend losses from the previous session as investors fretted over slowing growth and hawkish central banks.
A survey showed earlier today that the downturn in German business activity deepened in September as a result of higher energy costs.
S&P Global's flash composite Purchasing Managers' Index (PMI), which tracks both the manufacturing and services sectors, dropped to 45.9 in September from a final reading of 46.9 in August.
The benchmark DAX was down 75 points, or 0.6 percent, at 12,456 after losing 1.8 percent the previous day.
Banks led losses, with Commerzbank and Deutsche Bank falling 1-2 percent after reports that Swiss bank Credit Suisse is sounding out investors for fresh cash.
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Malaysia GDP Growth Softens As Estimated
Malaysia's economic growth slowed to the weakest in a year in the first quarter, as estimated, and the economy is projected to log weaker growth this year than the official estimate due to trade tensions. Gross domestic product advanced 4.4 percent on a yearly basis in the first quarter, slower than the revised 4.9 percent growth posted in the fourth quarter, data from the Bank Negara Malaysia re
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14 minut temu
Australian Dollar Recovers Against Majors
The Australian dollar recovered from recent lows against other major currencies in the Asian session on Friday.
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22 minut temu
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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35 minut temu
European Shares Seen Flat To Higher At Open
European stocks are seen opening flat to slightly higher on Friday as investors look for the next trigger to move markets.
A day after U.S. President Donald Trump announced that India has offered to "literally charge us no tariffs" on American goods, India's External Affairs Minister S Jaishankar labelled the talks "complicated' and warning "nothing is decided till everything is…"
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1g 50 minut temu
European Economic News Preview: Eurozone Foreign Trade Data Due
Foreign trade from the euro area and unemployment from France are due on Friday, headlining a light day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes unemployment data for the first quarter. The jobless rate is forecast to rise to 7.4 percent from 7.3 percent a quarter ago.
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2g 5 minut temu
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.
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2g 55 minut temu
Australian Market Trims Early Strong Gains In Mid-market
The Australian stock market is trimming its early strong gains in mid-market moves on Friday, adding to the gains in the previous seven sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains across most sectors led by mining, financial and technology stocks.
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3g 44 minut temu
Asian Markets Trade Mostly Lower
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.
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