DAX Edges Higher Despite Fed Worries

RTTNews | 1021 วันที่ผ่านมา
DAX Edges Higher Despite Fed Worries

(RTTNews) - German stocks rose on Friday, though the upside remained capped by hawkish comments from more U.S. Federal Reserve officials.

St Louis Fed President James Bullard said the central bank needs to keep raising interest rates as its tightening has only 'limited effects on observed inflation'.

Separately, Minneapolis Fed Bank President Neel Kashkari said the U.S. central bank should not stop rate hikes until it's clear that inflation has peaked.

The benchmark DAX rose 62 points, or 0.4 percent, to 14,328 after edging up 0.2 percent in the previous session.

Lender Commerzbank gained 1 percent and peer Deutsche Bank added half a percent as the European Central Bank begins the biggest withdrawal of cash from the euro zone's banking system in its history.

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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as some weaker than expected U.S. private sector job growth in the month of August bolstered bets the US Fed will lower interest rates later this month. The markets are pricing in a September rate cut and anticipating at least two reductions this year.
RTTNews | 11 นาทีที่ผ่านมา
Sensex, Nifty Seen Higher At Open On Firm Global Cues

Sensex, Nifty Seen Higher At Open On Firm Global Cues

Indian shares are likely to open higher on Friday, tracking firm cues from global markets and falling oil prices on oversupply concerns ahead of an OPEC+ meeting this weekend.
RTTNews | 39 นาทีที่ผ่านมา
Japanese Market Significantly Higher

Japanese Market Significantly Higher

Extending the gains in the previous session, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 42,900 level, with gains across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | 1 ชม. 31 นาทีที่ผ่านมา
Rebound Anticipated For Thai Stock Market

Rebound Anticipated For Thai Stock Market

The Thai stock market on Thursday snapped the three-day winning streak in which it had jumped almost 24 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to bounce higher again on Friday.
RTTNews | 1 ชม. 38 นาทีที่ผ่านมา
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains in financial stocks and a mixed performance across most other sectors.
RTTNews | 1 ชม. 51 นาทีที่ผ่านมา
Hang Seng Tipped To End Losing Streak

Hang Seng Tipped To End Losing Streak

The Hong Kong stock market has moved lower in three straight sessions, sinking more than 550 points or 2.2 percent in that span. The Hang Seng Index now sits just shy of the 25,060-point plateau although it's due for support on Friday.
RTTNews | 1 ชม. 53 นาทีที่ผ่านมา
China Stock Market May Find Traction On Friday

China Stock Market May Find Traction On Friday

The China stock market has moved lower in three straight sessions, dropping more than 110 points or 2.8 percent along the way. The Shanghai Composite Index now sits just above the 3,760-point plateau although it may stop the bleeding on Friday.
RTTNews | 2 ชม. 8 นาทีที่ผ่านมา
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has tracked higher in consecutive trading days, collecting more than 160 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,180-point plateau expected to open to the upside again on Friday.
RTTNews | 2 ชม. 38 นาทีที่ผ่านมา