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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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Win Streak May End For Singapore Stock Market
The Singapore stock market has moved higher in back-to-back sessions, collecting more than 30 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 4,220-point plateau although it figures to run out of steam on Thursday.
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38 минут назад
Malaysia Bourse May Extend Wednesday's Losses
The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had picked up almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau and the losses may accelerate on Thursday.
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1ч 8мин назад
Continued Consolidation Called For Nikkei
The Japan stock market has moved lower in two straight sessions, dropping more than 825 points or 1.9 percent along the way. The Nikkei 225 now sits just beneath the 42,890-point plateau and it may take further damage again on Thursday.
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1ч 23мин назад
New Zealand Has NZ$578 Million Trade Deficit
New Zealand posted a merchandise trade deficit of NZ$578 million in July, Statistics New Zealand said on Thursday.
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1ч 32мин назад
Australia Manufacturing PMI Improves To 52.9 - S&P Global
The manufacturing sector in Australia continued to expand in August, and at a faster rate, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 52.9.
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1ч 33мин назад
KOSPI May Extend Losing Streak
The South Korea stock market has moved lower in three straight sessions, sinking almost 100 points or 3 percent along the way. The KOSPI now sits just above the 3,130-point plateau and it may tick lower again on Thursday.
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1ч 38мин назад
South Korea Producer Prices Rise 0.4% In July
Producer prices in South Korea were up 0.4 percent on month in July, the Bank of Korea said on Thursday.
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2ч 16мин назад
New Zealand Trade Data On Tap For Thursday
New Zealand will on Thursday release July numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In June, imports were worth NZ$6.49 billion and exports were at NZ$6.63 billion for a trade surplus of NZ$142 million.
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2ч 38мин назад
