DAX Inches Higher Ahead Of Key Inflation Data

RTTNews | 904 дней спустя
DAX Inches Higher Ahead Of Key Inflation Data

(RTTNews) - German stocks were moving higher on Wednesday, as investors awaited crucial Eurozone inflation data later in the day as well as Fed Chair Jerome Powell's speech that could give further insight into future interest rate hikes.

Ahead of the ECB's interest-rate decision next month, ECB President Christine Lagarde said earlier this week that inflation in Europe hasn't reached its peak yet and it risks turning out even higher than currently expected.

The benchmark DAX edged up 68 points, or half a percent, to 14,423 after losing 0.2 percent the previous day.

BioNTech rose about 1 percent after it entered into a global collaboration with Poland's Ryvu Therapeutics to jointly develop and commercialize immuno-modulatory small molecule candidates.

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Sensex, Nifty Tumble On US Fiscal Concerns

Sensex, Nifty Tumble On US Fiscal Concerns

Indian shares were sharply lower on Thursday after Wall Street saw one of its most brutal selling sessions overnight in over a month on concerns about deteriorating U.S. fiscal outlook.
RTTNews | 31 минут назад
Australian Market Slightly Trims Early Losses In Mid-market

Australian Market Slightly Trims Early Losses In Mid-market

The Australian market is slightly trimming its early losses in mid-market moves on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,350 level, with weakness across most sectors led by and technology and energy stocks. Gold miners are the only bright spot.
RTTNews | 1ч 19мин назад
Asian Markets Tracks Wall Street Lower

Asian Markets Tracks Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets. Asian markets closed mostly higher on Wednesday.
RTTNews | 1ч 40мин назад
Sensex, Nifty Set To Open Lower After US Selloff

Sensex, Nifty Set To Open Lower After US Selloff

Indian shares may open lower on Thursday as investors react to escalating geopolitical tensions, rising U.S. Treasury yields and a lack of progress on U.S. trade talks with partners.
RTTNews | 2ч 7мин назад
Soft Start Anticipated For Thai Stock Market

Soft Start Anticipated For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last 11 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 1,180-point plateau and it may tick lower again on Thursday.
RTTNews | 2ч 39мин назад
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,100 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews | 3ч 9мин назад
Indonesia Bourse May Hand Back Wednesday's Gains

Indonesia Bourse May Hand Back Wednesday's Gains

The Indonesia stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had rallied more than 310 points or 4.5 percent. The Jakarta Composite Index now rests just above the 7,140-point plateau, although it may head south again on Thursday. The global forecast for the Asian markets is negative on concerns over rising bond yields. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets also figure to open under pressure.
RTTNews | 3ч 9мин назад