DAX Dips Ahead Of Powell's Speech

RTTNews | 1030 วันที่ผ่านมา
DAX Dips Ahead Of Powell's Speech

(RTTNews) - German stocks were moving lower on Tuesday after two Federal Reserve officials said the fed funds rate will need to surpass 5 percent in order to get inflation under control.

Investors looked ahead to Fed Chair Jerome Powell's speech later in the day for additional clues on the economic and rate outlook.

The benchmark DAX slipped 41 points, or 0.3 percent, to 14,752 after rallying 1.3 percent the previous day.

Rate-sensitive tech stocks dropped, with Infineon Technologies falling 1.3 percent. Zalando, which operates an online platform for fashion and lifestyle products, traded around 6 percent lower, leading losses.

Banks fell, with Deutsche Bank losing 0.6 percent.

Adidas, BASF, Covestro, Fresenius, Merck and Siemens Energy were down 1-2 percent.

read more
Singapore Shares May Find Traction On Thursday

Singapore Shares May Find Traction On Thursday

The Singapore stock market has moved lower in two straight sessions, slumping more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 4,420-point plateau although it may find support on Thursday.
RTTNews | 1 ชม. 28 นาทีที่ผ่านมา
Rebound Anticipated For Malaysia Stock Market

Rebound Anticipated For Malaysia Stock Market

The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,620-point plateau although it figures to bounce higher again on Thursday.
RTTNews | 1 ชม. 58 นาทีที่ผ่านมา
Canadian Dollar Drops Against Most Majors

Canadian Dollar Drops Against Most Majors

The Canadian dollar fell against its most major counterparts in the New York session on Wednesday.
RTTNews | 2 ชม. 11 นาทีที่ผ่านมา
Bargain Hunting Likely To Boost Japan Stock Market

Bargain Hunting Likely To Boost Japan Stock Market

The Japan stock market has moved lower in consecutive trading days, plunging nearly 2,200 points or 4.2 percent in that span. The Nikkei 225 now rests just beneath the 50,200-point plateau although it's likely to open in the green on Thursday.
RTTNews | 2 ชม. 13 นาทีที่ผ่านมา
Steady Start Seen For KOSPI

Steady Start Seen For KOSPI

The South Korea stock market has finished lower in back-to-back sessions, tumbling almost 220 points or 5 percent in that span. The KOSPI sits just above the 4,000-point plateau although it's expected to halt its slide on Thursday.
RTTNews | 2 ชม. 28 นาทีที่ผ่านมา
Australia Trade Data Due On Thursday

Australia Trade Data Due On Thursday

Australia will on Thursday release September figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In August, imports rose 3.2 percent on month and exports fell 7.8 percent for a trade surplus of A$1.825 billion.
RTTNews | 2 ชม. 58 นาทีที่ผ่านมา
Swiss Market Ends On Positive Note; UBS, Sika Among Top Gainers

Swiss Market Ends On Positive Note; UBS, Sika Among Top Gainers

The Switzerland market started off on a weak note on Wednesday, and like most of its European peers, recovered gradually and kept edging higher past mid afternoon to eventually settle on a firm note.
RTTNews | 6 ชม. 51 นาทีที่ผ่านมา