DAX Little Changed As Recession Worries Weigh

RTTNews | 586 gün önce
DAX Little Changed As Recession Worries Weigh

(RTTNews) - German stocks were little changed on Wednesday as investors awaited key U.S. inflation data as well as fourth-quarter earnings from large U.S. banks this week for directional cues.

Meanwhile, soft indicators confirm the possibility of a technical recession in the euro area during the second half of 2023 and the future remains uncertain, European Central Bank Vice President Luis de Guindos said earlier today in a speech.

The benchmark DAX was marginally higher at 16,692 after declining 0.2 percent in the previous session.

The dollar was tad higher in currency markets while U.S. Treasury yields eased a few basis points.

In corporate news, wind turbine manufacturer Nordex SE was moving lower despite receiving orders for 197 MW from wind and solar park developer UKA.

read more
Yen Falls Amid Risk-on Mood

Yen Falls Amid Risk-on Mood

The Japanese yen weakened against other major currencies in the Asian session on Monday as Asian stock markets traded higher, amid expectations of the three-year-plus war between Russia and Ukraine ending soon, with U.S. President Donald Trump saying he and Russian President Putin discussed land transfers and security guarantees for Ukraine and had "largely agreed".
RTTNews | 1s 47 dakika önce
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | 1s 58 dakika önce
Sensex, Nifty Rally As Automakers Surge On Modi's Big GST Reform Push

Sensex, Nifty Rally As Automakers Surge On Modi's Big GST Reform Push

Indian shares opened on a buoyant note on Monday after S&P Global Ratings upgraded India's sovereign ratings and Prime Minister Narendra Modi promised next generational GST reforms by Diwali, which will bring down the tax burden on consumers as well as MSMEs.
RTTNews | 3s 19 dakika önce
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in choppy mid-market trading on Monday, after opening in the red and briefly treading in to the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,900.00 level, with weakness in mining and energy stocks.
RTTNews | 4s 12 dakika önce
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, amid expectations of the three-year-plus war between Russia and Ukraine ending soon, with U.S. President Donald Trump saying he and Russian President Putin discussed land transfers and security guarantees for Ukraine, and had "largely agreed". Asian markets closed mostly higher on Friday.
RTTNews | 4s 34 dakika önce
Sensex, Nifty Seen Higher On Proposed GST Reforms Push

Sensex, Nifty Seen Higher On Proposed GST Reforms Push

Indian shares look set to open on a positive note Monday after S&P Global Ratings upgraded India's sovereign ratings, citing buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment.
RTTNews | 5s 9 dakika önce
Thai Shares May Tick Lower Again On Monday

Thai Shares May Tick Lower Again On Monday

The Thai stock market has finished lower in two straight sessions, slipping almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau and it figures to remain rangebound again on Monday.
RTTNews | 5s 45 dakika önce