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DAX Dips On Weak China Data

RTTNews | 891 дней спустя

DAX Dips On Weak China Data

(RTTNews) - German stocks slipped into the red on Tuesday after data showed Chinese imports plunged and export growth slowed in April, raising fresh concerns about the country's economic recovery from the pandemic.

Traders also braced for key U.S. inflation data due this week for fresh clues on the Federal Reserve's monetary policy path.

The benchmark DAX was down 43 points, or 0.3 percent, at 15,909 after ending flat with a negative bias in the previous session.

Auto giant Daimler Truck Holding tumbled 3.6 percent after confirming preliminary results and keeping its outlook unchanged.

Fresenius Medical Care rose over 1 percent. The dialysis specialist said it is seeing improving trends in the first quarter after operating profit declined less than feared.

Fresenius SE & Co. surged 6.5 percent after confirming its FY23 guidance.

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Rally May Stall For Taiwan Stock Market

Rally May Stall For Taiwan Stock Market

The Taiwan stock market has climbed higher in consecutive trading days, advancing more than 850 points or 2.9 percent along the way. The Taiwan Stock Exchange now sits just beneath the 27,650-point plateau although it may run out of steam on Friday.

RTTNews | 18 минут назад

Singapore Bourse May Extend Thursday's Losses

Singapore Bourse May Extend Thursday's Losses

The Singapore stock market headed south again on Thursday, one day after snapping the five-day losing streak in which it had stumbled almost 120 points or 2.9 percent. The Straits Times Index now rests just beneath the 4,360-point plateau and it may take further damage on Friday.

RTTNews | 48 минут назад

Malaysia Bourse May Remain Stuck In Neutral

Malaysia Bourse May Remain Stuck In Neutral

The Malaysia stock market has moved higher in two straight sessions, although it has picked up less than a point in that span. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and little movement is expected again on Friday.

RTTNews | 1ч 18мин назад

Nikkei May See Profit Taking On Friday

Nikkei May See Profit Taking On Friday

The Japanese stock market has climbed higher in two straight sessions, rallying more than 1,425 points or 2.8 percent along the way. The Nikkei 225 now sits just above the 48,275-point plateau although investors may lock in gains on Friday.

RTTNews | 1ч 33мин назад

KOSPI May Run Out Of Steam On Friday

KOSPI May Run Out Of Steam On Friday

The South Korea stock market has tracked higher in back-to-back sessions, accelerating almost 190 points or 5 percent in that span. Now at another fresh record closing high, the KOSPI rests just beneath the 3,750-point plateau although the rally may stall on Friday.

RTTNews | 1ч 48мин назад

Canadian Dollar Falls Against Most Majors

Canadian Dollar Falls Against Most Majors

The Canadian dollar weakened against its most major counterparts in the New York session on Thursday.

RTTNews | 2ч 19мин назад

Singapore Export Data Due On Friday

Singapore Export Data Due On Friday

Singapore will on Friday release September numbers for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity. In August, NODX were down 8.9 percent on month and 11.3 percent on year.

RTTNews | 2ч 48мин назад

Canadian Market Pares Early Gains; Materials Stocks Stay Firm

Canadian Market Pares Early Gains; Materials Stocks Stay Firm

After opening on a firm note and climbing further up north, the Canadian market pared gains and drifted down into negative territory on Thursday, weighed down by losses in energy, financials and industrials sectors.

RTTNews | 6ч 33мин назад

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