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DAX Little Changed As Investors Await GDP Data
(RTTNews) - German stocks were subdued on Monday as investors awaited 2023 GDP data later in the day for directional cues.
The eurozone's largest economy is expected to have contracted last year.
The benchmark DAX was down 15 points at 16,689 after rallying 1 percent on Friday.
The euro rose against the dollar as investors assess the prospects for rate cuts from the U.S. Federal Reserve and the European Central Bank.
In corporate news, Commerzbank rallied 1.6 percent as talks of a merger with Deutsche Bank resurfaced. Shares of the latter were down 0.6 percent.
Kontron rose over 2 percent. The IoT technology company said that it sees its net profit grow over 87 million euros in 2024.
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Singapore Shares May Crack Resistance At 4,300 Points
The Singapore stock market ticked higher again on Thursday, one day after ending the five-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Straits Times Index now sits just shy of the 4,300-point plateau and it may see additional support on Friday.
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17 minutos atrás
Japan Household Spending Jumps 1.7% In July
The average of household spending in Japan was up a seasonally adjusted 1.7 percent on month in July, the Ministry of Internal Affairs and Communications said on Friday - coming in at 305,694 yen.
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40 minutos atrás
Japan Bourse May Extend Thursday's Gains
The Japanese stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just above the 42,580-point plateau and it may add to its winnings on Friday.
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47 minutos atrás
Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in three straight sessions, collecting more than 55 points or 1.8 percent along the way. The KOSPI now rests just above the 3,200-point plateau and it may extend its gains again on Friday.
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1 h 17 min atrás
Japan Household Spending Data Due On Friday
Japan will on Friday release July figures for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to rise 1.3 percent on month and 2.2 percent on year after sinking 5.2 percent on month and climbing 1.3 percent on year in June.
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2 h 17 min atrás
Swiss Franc Falls Against Majors
The Swiss franc dropped against its major counterparts in the New York session on Thursday.
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3 h 34 min atrás
Canadian Market Looks Headed For Another Positive Close
The Canadian market is firmly placed in positive territory Thursday afternoon, thanks largely to a fine performance by several technology stocks, and a few frontline stocks from consumer discretionary, real estate, communications and financials sectors.
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6 h 8 min atrás
Swiss Market Closes On Buoyant Note
The Switzerland market closed on a strong note on Thursday, in line with most of the markets across Europe, amid rising expectations of a rate cut by the Federal Reserve, and easing concerns about tariffs.
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6 h 43 min atrás
