DAX Rallies Led By Banks

RTTNews | 954 gün önce
Stocktwits
DAX Rallies Led By Banks

(RTTNews) - German stocks rallied on Tuesday, the U.S. dollar weakened, and Eurozone yields fell as focus shifted to a two-day policy meeting of the Federal Reserve that gets underway later today.

It is widely believed that Fed might signal a slowdown of its tightening path after delivering a 75-bps rate hike on Wednesday.

Doubts remain, however, about whether the Fed will soften hits hawkish stance amid many risks surrounding the inflation outlook.

The benchmark DAX jumped 135 points, or 1 percent, to 13,389 after finishing marginally higher the previous day.

Economy-sensitive stocks were moving higher, with lenders Commerzbank and Deutsche Bank rising around 2 percent each.

Automakers BMW, Mercedes Benz and Volkswagen were up around 1 percent each.

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Taiwan Shares May Bounce Higher Again On Friday

Taiwan Shares May Bounce Higher Again On Friday

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Win Streak May Continue For South Korea Stock Market

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RTTNews | 1s 48 dakika önce
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RTTNews | 2s 43 dakika önce
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RTTNews | 3s 6 dakika önce
U.S. Dollar Weakens After Soft PPI Data

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RTTNews | 6s 22 dakika önce
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