DAX Declines On Fed Worries

RTTNews | 858 วันที่ผ่านมา
DAX Declines On Fed Worries

(RTTNews) - German stocks fell in cautious trade on Thursday as investors reacted to hawkish comments from Fed officials and fretted over recession risks.

Meanwhile, Germany's producer price inflation eased for the sixth straight month in March to reach its lowest level in nearly two years amid a sharp slowdown in energy prices, preliminary data from Destatis showed earlier today.

The producer price index climbed 7.5 percent year-over-year in March, much slower than the 15.8 percent rise in February. Economists had forecast the price growth to ease to 9.8 percent.

Further, the latest inflation rate was the weakest since May 2021, when prices had risen 7.2 percent.

On a monthly basis, producer prices decreased 2.6 percent in March, after a 0.3 percent drop in the prior month.

The benchmark DAX was down 110 points, or 0.7 percent, at 15,785 after closing marginally higher in the previous session.

Sartorius Stedim Biotech shares plunged 7.2 percent after the Franco-German lab equipment maker reported a decline in Q1 2023 profit and revenue.

read more
Singapore Stock Market Tipped To Open In The Red

Singapore Stock Market Tipped To Open In The Red

The Singapore stock market has climbed higher in five straight sessions, improving almost 70 points or 1.6 percent along the way. The Straits Times Index now sits just above the 4,255-point plateau although investors may lock in gains on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | 26 นาทีที่ผ่านมา
Rally May Stall For Malaysia Stock Market

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has moved higher in three straight sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it's likely to open to the downside on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | 56 นาทีที่ผ่านมา
Japan Stock Market May Spin Its Wheels On Tuesday

Japan Stock Market May Spin Its Wheels On Tuesday

The Japan stock market has moved higher in back-to-back sessions, gathering almost 200 points or 0.5 percent along the way. The Nikkei 225 now rests just above the 42,800-point plateau although it may be stuck in neutral on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. The Nikkei finished modestly higher on Monday following gains from the financial shares, weakness from the technology stocks and a mixed picture from the automobile companies. For the day, the index advanced 174.53 points or 0.41 percent to finish at 42,807.82 after trading between 42,681.37 and 43,201.42. Among the actives, Nissan Motor accelerated 3.15 percent, while Mazda Motor shed 0.55 percent, Toyota Motor eased 0.10 percent, Honda Motor climbed 1.01 percent, Softbank Group soared 3.53 percent, Mitsubishi UFJ Financial dipped 0.11 percent, Mizuho Financial collected 0.79 percent, Sumitomo Mitsui Financial added 0.41 percent, Mitsubishi Electric rose 0.35 percent, Sony Group slumped 1.11 percent, Panasonic Holdings lost 0.49 percent and Hitachi fell 0.24 percent.
RTTNews | 1 ชม. 11 นาทีที่ผ่านมา
KOSPI May Run Out Of Steam On Tuesday

KOSPI May Run Out Of Steam On Tuesday

The South Korea stock market has tracked higher in three straight sessions, collecting almost 80 points or 2.6 percent along the way. The KOSPI now sits just shy of the 3,210-point plateau although it's due for consolidation on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | 1 ชม. 26 นาทีที่ผ่านมา
RBA Minutes On Tap For Tuesday

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its August 12 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.
RTTNews | 2 ชม. 26 นาทีที่ผ่านมา
U.S. Dollar Climbs Against Majors

U.S. Dollar Climbs Against Majors

The U.S. dollar strengthened against its major counterparts in the New York session on Monday.
RTTNews | 3 ชม. 38 นาทีที่ผ่านมา
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved slightly above the flat line in late afternoon trades on Monday, but quickly tumbled again to eventually settle on a weak note.
RTTNews | 6 ชม. 24 นาทีที่ผ่านมา
European Markets Close Weak After Cautious Session

European Markets Close Weak After Cautious Session

European stocks closed on a weak note on Monday after a cautious session as investors awaited key inflation data from major economies in the region, and looked for more details about U.S. - EU trade deal.
RTTNews | 6 ชม. 45 นาทีที่ผ่านมา