DAX Slips On Interest-rate Concerns

RTTNews | 967 dni temu
DAX Slips On Interest-rate Concerns

(RTTNews) - German stocks were moving lower on Monday, as investors braced for another jumbo rate hike by the U.S. Federal Reserve at the end of a two-day policy meeting on Wednesday.

13 central bank meetings are scheduled this week, which are certain to see borrowing costs rise across the globe.

As inflation worries mount, it remains to be seen whether the Fed will be forced to raise rates by 100 bps.

The benchmark DAX dipped 39 points, or 0.3 percent, to 12,702 after falling 1.7 percent on Friday.

Tech shares traded lower, with Infineon Technologies losing about 1 percent, tracking higher Eurozone government bond yields.

Volkswagen gained 1 percent. The automaker is seeking to raise nearly 9.4 billion euros ($9.41 billion) from the initial public offering of its iconic sports-car maker Porsche AG.

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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders assess the impact a temporary US-China tariff war settlement, under which tariffs will be reduced to 30 percent and 10 percent, respectively, for a 90-day period. They also cautiously await trade deals with other major US trading partners. Asian markets closed mixed on Tuesday.
RTTNews | 44 minut temu
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares look set to open on a positive note Wednesday after official data showed India's consumer price inflation eased further in April to the lowest level in nearly six years amid a slower rise in food prices.
RTTNews | 1g 3 minut temu
Thai Bourse Likely To Remain Rangebound

Thai Bourse Likely To Remain Rangebound

The Thai stock market has alternated between positive and negative finishes through the previous five trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,215-point plateau and it's poised to inch higher again on Wednesday.
RTTNews | 1g 35 minut temu
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Wednesday after opening in the green, snapping a four-session winning streak, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 37,900 level, with weakness in exporters and automaker stocks partially offset by gains in technology and financial stocks.
RTTNews | 2g 3 minut temu
Higher Open Anticipated For Indonesia Shares

Higher Open Anticipated For Indonesia Shares

Ahead of long holiday weekend for Wesak Day, the Indonesia stock market had bounced higher again, one session after ending the eight-day winning streak in which it had rallied more than 210 points or 3.2 percent. The Jakarta Composite Index now rests just above the 6,830-point plateau and it's looking at a solid lead for Wednesday's trade.
RTTNews | 2g 5 minut temu
Mild Rebound Tipped For Hong Kong Shares

Mild Rebound Tipped For Hong Kong Shares

The Hong Kong stock market on Tuesday ended the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just beneath the 23,110-point plateau although it may tick back to the upside again on Wednesday.
RTTNews | 2g 20 minut temu
Australian Market Slightly Lower

Australian Market Slightly Lower

Australian shares are trading slightly lower on Wednesday, snapping a five-session winning streak, with the benchmark S&P/ASX 200 staying well below the 8,300 level, following the mixed cues from Wall Street overnight, with a mixed performance across most sectors. Traders are also booking some profits following the recent upside in the markets.
RTTNews | 2g 26 minut temu
China Bourse Tipped To Open In The Green

China Bourse Tipped To Open In The Green

The China stock market has moved higher in consecutive trading days, improving almost 35 points or 1 percent along the way. The Shanghai Composite Index now rests just beneath the 3,375-point plateau and it's looking at a higher open again on Wednesday.
RTTNews | 2g 35 minut temu