DAX Dips Ahead Of Eurozone Inflation Data

RTTNews | 575 dagar sedan
DAX Dips Ahead Of Eurozone Inflation Data

(RTTNews) - German stocks traded slightly lower on Thursday as investors digested the Fed rate decision and awaited the release of eurozone inflation data as well as the Bank of England's latest monetary policy decision.

The BOE is expected to hold interest rates for the fourth time in a row, with some analysts expecting possible cuts later in the year amid easing cost-of-living pressures.

The benchmark DAX was down 36 points, or 0.2 percent, at 16,868 after declining 0.4 percent on Wednesday.

Sportswear maker Adidas slumped 8 percent after operating profit guidance missed consensus estimate.

Medical equipment maker Siemens Healthineers rallied 3 percent as Q1 sales beat expectations.

Deutsche Bank jumped nearly 4 percent after the lender lifted its revenue and payout targets and unveiled plans to cut 3,500 jobs.

read more
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 1h 40minuter sedan
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 2h 9minuter sedan
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 3h 15minuter sedan
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | 3h 32minuter sedan
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | 3h 45minuter sedan
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 3h 54minuter sedan