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DAX Holds Steady Ahead Of Fed Decision
(RTTNews) - German stocks were little changed on Wednesday ahead of the Federal Reserve's rate decision later in the day.
While no change in interest rates is expected, investors await the accompanying policy statement and Chair Jerome Powell's press conference for fresh insight on the likely path ahead.
A pause in interest rates at today's meeting would mark the second consecutive pause in interest rates since the Fed lifted rates to a range of 5.25 percent to 5 percent in July.
The benchmark DAX was marginally higher at 14,822 after gaining 0.6 percent in the previous session.
Banks traded higher, with Commerzbank rallying 1.3 percent and Deutsche Bank adding half a percent.
Automakers BMW and Mercedes Benz both traded up around 1 percent.
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Sensex, Nifty Extend Gains For Sixth Day On GST Optimism
Indian shares extended gains for a sixth day running on Thursday as investors continued to remain optimistic about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
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24 minutos atrás
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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1 h 27 min atrás
European Shares Subdued Ahead Of Jackson Hole Summit
European stocks were little changed on Thursday as investors looked ahead to Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium for hints of possible rate cuts this year.
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1 h 36 min atrás
Indian Rupee Rises To 2-day High On Upbeat India's PMI Data
The Indian rupee strengthened against the U.S. dollar in the European session on Thursday, after India's private sector activity expanded at the fastest pace on record amid sharp growth in new orders.
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1 h 47 min atrás
Asian Shares Mixed As Investors Await Powell Speech
Asian stocks ended mixed on Thursday as investors awaited policy signals from Federal Reserve Chair Jerome Powell, who is expected to speak on Friday at the Fed's annual conference in Jackson Hole, Wyoming.
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2 h 6 min atrás
European Shares Seen Flat To Higher At Open
European stocks are seen opening flat to slightly higher on Thursday as investors await the latest PMI data from the region and look forward to key speeches from Fed officials when they convene in Jackson Hole, Wyoming, for the Fed's annual economic symposium.
RTTNews
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5 h 4 min atrás
European Economic News Preview: Eurozone Flash PMI Data Due
Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data. At 3.15 am ET, S&P Global publishes France flash PMI survey results.
RTTNews
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5 h 9 min atrás
Sensex, Nifty Extend Gains In Cautious Trade
Indian shares traded higher for a sixth consecutive session on Thursday, though overall gains remained limited due to mixed global cues ahead of the Federal Reserve's annual symposium at Jackson Hole, Wyoming, from August 21 to August 23, where Fed Chairman Jerome Powell is due to speak.
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6 h 0 min atrás
