DAX Gains Ahead Of ECB Minutes Release

RTTNews | 525 dni temu
DAX Gains Ahead Of ECB Minutes Release

(RTTNews) - German stocks traded slightly higher on Thursday ahead of the release of the region's February producer price data and minutes from the European Central Bank's latest policy meeting.

Sentiment was underpinned after a survey showed business activity in Germany's services sector stabilized in March, ending a five-month sequence of contractions in activity.

The benchmark DAX was up 49 points, or 0.3 percent, at 18,417 after gaining half a percent the previous day.

Fuchs SE, a supplier of lubrication solutions, was marginally higher after it announced a strategic business partnership with auto major Mercedes Benz for fostering innovation, technology, and sustainability in the automotive After-Sales. Shares of the latter jumped 2.2 percent.

Medical software firm Compugroup soared 7 percent after Morgan Stanley upgraded its rating on the stock to overweight.

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European Economic News Preview: ECB To Hold Key Rates

European Economic News Preview: ECB To Hold Key Rates

The European Central Bank is set to hold its key interest rates for the second straight session on Thursday as inflation stayed around the target and the economy showed resilience to higher tariffs. Markets expect the ECB to retain the deposit rate at 2.00 percent. The refinancing rate is seen unchanged at 2.15 percent and the marginal lending rate at 2.40 percent.
RTTNews | 58 minut temu
Sensex, Nifty Little Changed After Recent Gains

Sensex, Nifty Little Changed After Recent Gains

Indian shares were little changed on Thursday after recent gains on optimism over GST reforms, hopes of Federal Reserve interest-rate cuts and comments from U.S. President Donald Trump suggesting that his administration is continuing negotiations to address trade barriers with India.
RTTNews | 3g 4 minut temu
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian market is maintaining its early losses in mid-market moves on Thursday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to 8,800 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | 4g 21 minut temu
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, on increasing optimism the US Fed will lower interest rates a couple of times this year after report showed softer-than-expected US producer price figures, while traders await US consumer inflation data later in the day. Asian markets closed mostly higher on Wednesday.
RTTNews | 4g 46 minut temu
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Thursday after reports emerged that the sixth round of talks over an India-United States trade agreement will take place shortly.
RTTNews | 5g 8 minut temu
Soft Start Expected For Thai Stock Market

Soft Start Expected For Thai Stock Market

The Thai stock market has moved higher in four straight sessions, adding more than 25 points or 2.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,280-point plateau although it's likely to open to the downside on Thursday.
RTTNews | 5g 44 minut temu