DAX Little Changed As Retail Sales Disappoint

RTTNews | 574 dagar sedan
Stocktwits
DAX Little Changed As Retail Sales Disappoint

(RTTNews) - German stocks were little changed on Wednesday after data showed retail sales in the country unexpectedly fell by 1.6 percent in December, supporting expectations of a recession in Q1 and fueling bets on an ECB rate cut in April.

Germany's import prices were down 8.5 percent year-over-year in December, slightly slower than the 9.0 percent slump seen a month ago while export prices declined 2.4 percent from the previous year after falling 2.2 percent in the prior month, according to separate reports released by Destatis.

The benchmark DAX was up 11 points at 16,983 ahead of the Federal Reserve's interest-rate decision due later in the day.

In corporate news, software firm Software AG dropped half a percent after reporting a decline in preliminary revenue for the fourth quarter.

Atoss Software jumped 3.3 percent after reporting a rise in FY23 profit and revenue.

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Higher Open Called For Japan Stock Market

Higher Open Called For Japan Stock Market

The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 18 minuter sedan
KOSPI May Reclaim 3,200-Point Level

KOSPI May Reclaim 3,200-Point Level

The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
RTTNews | 33 minuter sedan
Korea Interest Rate Decision Due On Thursday

Korea Interest Rate Decision Due On Thursday

The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
RTTNews | 1h 33minuter sedan
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
RTTNews | 6h 39minuter sedan
Euro Falls Amid Political Uncertainty

Euro Falls Amid Political Uncertainty

The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
RTTNews | 10h 54minuter sedan
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Canadian shares are likely to open on a positive note on Wednesday, riding on strong earnings from Royal Bank of Canada and National Bank of Canada. Weak commodity prices and concerns on the geopolitical and tariffs front may weigh limit market's upside.
RTTNews | 11h 20minuter sedan
European Stocks Turning In Mixed Performance

European Stocks Turning In Mixed Performance

European stocks are turning in a mixed performance on Wednesday as political uncertainty in France, and a lack of any significant positive triggers render the mood cautious. Investors are also awaiting earnings updates from AI major NVIDIA.
RTTNews | 11h 47minuter sedan
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