DAX Little Changed In Lackluster Trade

RTTNews | Pred 716 dňami
DAX Little Changed In Lackluster Trade

(RTTNews) - German stocks were little changed on Tuesday as investors reacted to gloomy regional data released the previous day and hawkish comments from Federal Reserve officials.

The benchmark DAX was marginally higher at 15,249 after losing 0.9 percent in the previous session.

Heavyweight banks were subdued, with Commerzbank falling nearly 1 percent. Automakers BMW and Mercedes Benz were seeing marginal gains while Volkswagen dropped 0.6 percent.

The euro traded lower as investors weigh an uncertain economic outlook.

Rising wages in the euro zone are underpinning inflation in the bloc but wage growth will likely moderate in the coming months, ECB chief economist Philip Lane told an event in the Lithuanian capital Vilnius earlier today.

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European Economic News Preview: Bank Of England To Hold Rate

European Economic News Preview: Bank Of England To Hold Rate

The monetary policy announcement from the Bank of England is the top economic event due on Thursday. The BoE is widely expected to hold its benchmark bank rate at 4.00 percent after a quarter-point reduction in August. The bank had lowered the rate five times since August 2024 and took it to the lowest since early 2023.
RTTNews | Pred 2 h 27 min
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is extending its early losses in mid-market moves on Thursday, adding to the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,800 level, as markets digested a softer-than-expected domestic jobs report, with weakness across most sectors led by mining and energy stocks.
RTTNews | Pred 4 h 14 min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, after the US Fed delivered a widely expected quarter point interest rates cut to 4.0 percent, citing a shift in the balance of risks. The latest projections from Fed officials also suggest they expect the central bank to lower rates two more times this year.
RTTNews | Pred 4 h 28 min
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 45,000 mark, with gains across most sectors led by exporters and technology stocks.
RTTNews | Pred 5 h 57 min
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness across most sectors led by mining and energy stocks.
RTTNews | Pred 6 h 38 min