DAX Dips As Investors Look To Central Bank Meetings

RTTNews | Pred 973 dňami
DAX Dips As Investors Look To Central Bank Meetings

(RTTNews) - German stocks fell notably on Monday as investors awaited key U.S. consumer inflation data as well as the outcome of the last U.S. Federal Reserve meeting of 2022 this week for additional clues on the pace of rate rises.

The benchmark DAX was down 71 points, or half a percent, at 14,274 after rising 0.7 percent on Friday.

Banks Commerzbank and Deutsche Bank both fell around half a percent.

Automakers were also broadly lower as concerns about a 2023 recession loomed.

MorphoSys AG was moving lower after reporting results from analyses of the ongoing MANIFEST study, a phase 2 clinical trial of pelabresib in patients with myelofibrosis, a type of bone marrow cancer.

The dollar edged higher ahead of a trio of central bank announcements due this week while Treasury yields eased slightly.

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Sensex, Nifty Give Up Early Gains

Sensex, Nifty Give Up Early Gains

Indian shares gave up early gains to trade on a flat note Monday amid escalating trade tensions with the United States.
RTTNews | Pred 3 h 26 min
Australian Market Maintains Early Gains In Mid-market

Australian Market Maintains Early Gains In Mid-market

The Australian stock market is maintaining its early gains in mid-market trading on Monday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,800.00 level, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks
RTTNews | Pred 4 h 35 min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid increasing optimism about the US Fed cutting interest rate in August based on last week's weak economic data. Traders shrugged off concerns about the economic impact of US President Donald Trump's "reciprocal tariffs" targeting more than 90 trading partner nations.
RTTNews | Pred 4 h 39 min
Indonesia Bourse May Add To Its Winnings On Monday

Indonesia Bourse May Add To Its Winnings On Monday

The Indonesia stock market on Friday snapped the two-day slide in which it had slipped more than 25 points or 0.3 percent. The Jakarta Composite Index now sits just above the 7,530-point plateau and it may extend its gains on Monday.
RTTNews | Pred 6 h 22 min
Higher Open Called For Hong Kong Stock Market

Higher Open Called For Hong Kong Stock Market

The Hong Kong stock market on Friday wrote a finish to the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,850-point plateau although it may bounce higher again on Monday.
RTTNews | Pred 6 h 37 min
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Monday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,800.00 level, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | Pred 6 h 38 min