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DAX Slips On Rate, Growth Concerns

RTTNews | 679 dagar sedan

DAX Slips On Rate, Growth Concerns

(RTTNews) - German stocks traded lower on Tuesday amid uncertainty about the Federal Reserve's rate hike path and concerns about a slowing Chinese economy.

The euro was down for a sixth straight session to hover near a six-month trough against the dollar on concerns of a widening interest rate gap in favor of the U.S.

The benchmark DAX was down 55 points, or 0.4 percent, at 15,350 after closing 1 percent lower the previous day.

Banks Commerzbank and Deutsche Bank were down 0.6 percent and 1.5 percent, respectively while automaker Renault dropped 1.2 percent.

Nordex, a turbine manufacturer, declined 1.3 percent. The company has received an order from Romania to supply and install five N149/5.X turbines.

The contract also includes a premium service contract for the maintenance of the turbines over 20 years.

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Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has tracked higher in consecutive trading days, gathering almost 60 points or 1.7 percent along the way. The Shanghai Composite Index now sits just shy of the 3,620-point plateau although it may spin its wheels on Wednesday.

RTTNews | 24 minuter sedan

New Zealand Jobless Rate Climbs To 5.2% In Q2

New Zealand Jobless Rate Climbs To 5.2% In Q2

The unemployment rate in New Zealand came in at a seasonally adjusted 5.2 percent in the second quarter of 2025, Statistics New Zealand said on Wednesday.

RTTNews | 51 minuter sedan

Taiwan Shares May Head South Again On Wednesday

Taiwan Shares May Head South Again On Wednesday

The Taiwan stock market on Tuesday wrote a finish to the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just above the 23,660-point plateau although it may see renewed consolidation on Wednesday.

RTTNews | 54 minuter sedan

Singapore Stock Market May Spin Its Wheels On Wednesday

Singapore Stock Market May Spin Its Wheels On Wednesday

The Singapore stock market has climbed higher in two straight sessions, gathering more than 50 points or 1.2 percent along the way. The Straits Times Index now sits just beneath the 4,210-point plateau although it may be stuck in neutral on Wednesday.

RTTNews | 1h 24minuter sedan

Malaysia Bourse May Hand Back Tuesday's Gains

Malaysia Bourse May Hand Back Tuesday's Gains

The Malaysia stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau and it's likely to remain rangebound again on Wednesday.

RTTNews | 1h 54minuter sedan

Japan Shares May Turn Lower Again On Wednesday

Japan Shares May Turn Lower Again On Wednesday

The Japan stock market on Tuesday wrote a finish to the two-day slide in which it had tumbled almost 780 points or 1.8 percent. The Nikkei 225 now sits just shy of the 40,550-point plateau although it may head south again on Wednesday.

RTTNews | 2h 9minuter sedan

South Korea Shares May Be Stuck In Neutral

South Korea Shares May Be Stuck In Neutral

The South Korea stock market has moved higher in back-to-back sessions, advancing almost 80 points or 2.7 percent along the way. The KOSPI now sits just shy of the 3,200-point plateau although the rally may stall on Wednesday.

RTTNews | 2h 24minuter sedan

New Zealand Unemployment Data Due On Wednesday

New Zealand Unemployment Data Due On Wednesday

New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 5.3 percent from 5.1 percent following a 0.1 percent loss in employment.

RTTNews | 3h 24minuter sedan

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