DAX Rises On Hopes Of A Softer Fed Stance

RTTNews | 957 gün önce
DAX Rises On Hopes Of A Softer Fed Stance

(RTTNews) - The DAX benchmark of the Frankfurt bourse moved higher on Wednesday, amidst the positive sentiment generated by the recent assurances of Janet Yellen, the U.S. Treasury Secretary. Hopes that the Fed would tone down its aggressive stance also supported. However, the spurt in inflation in the U.K. capped gains.

The forty-scrip DAX index is currently trading at 15,234.75, up 0.26 percent on an overnight basis. The day's trading has been within the range of 15,167.65 and 15,242.25.

Only 16 scrips in the 40-scrip index are trading in overnight negative territory. Covestro has gained more than 2 percent. Siemens Healthineers, Siemens, Henkel, Porsche, E.ON, BASF, Porsche Automobil Holding and Mercedes Benz Group have all gained more than 1 percent.

Vonovia declined more than 3 percent followed by Deutsche Telekom which dropped 1.3 percent.

The EUR/USD pair has gained 0.18 percent to trade at 1.0786.

The ten-year bond yield has increased 1.38 percent to 2.3085%, versus 2.2770 at the previous close.

read more
Swiss Market Pares Early Gains, Settles Flat

Swiss Market Pares Early Gains, Settles Flat

Save for a brief while during the closing minutes, Switzerland's SMI index stayed positive on Monday, but still ended the session with just a slender gain as several stocks pared early gains due to a lack of support at higher levels.
RTTNews | 3s 17 dakika önce
European Stocks Close Higher As Investors Asses Economic Data, Recent Earnings

European Stocks Close Higher As Investors Asses Economic Data, Recent Earnings

European markets closed mostly higher on Monday, led by gains in the banking and automobile sectors. Investors assessed U.S.-China trade discussions, recent earnings updates, and digested the latest batch of regional economic data, in addition to awaiting the Bank of England's monetary policy announcement due this week.
RTTNews | 3s 49 dakika önce
U.S. Manufacturing Index Unexpectedly Edges Lower In October

U.S. Manufacturing Index Unexpectedly Edges Lower In October

Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of October, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI slipped to 48.7 in October after edging up to 49.1 in September, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 49.5.
RTTNews | 6s 3 dakika önce
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Canadian shares are likely to open higher Monday morning, with firm metal prices expected to trigger buying in the materials sector. The focus will be on the developments on the trade front and corporate earnings announcements.
RTTNews | 8s 4 dakika önce
UK Manufacturing PMI At 1-Year High

UK Manufacturing PMI At 1-Year High

The UK manufacturing activity shrank in October but the pace of contraction was the slowest in a year, the final purchasing managers' survey from S&P Global revealed on Monday. The factory Purchasing Managers' Index rose to a 12-month high of 49.7 in October from 46.2 in September. The flash reading was 49.6.
RTTNews | 8s 38 dakika önce
Eurozone Manufacturing Sector Stagnates In October

Eurozone Manufacturing Sector Stagnates In October

Eurozone manufacturing sector stagnated in October, as initially estimated, following a fractional deterioration in September, the purchasing managers' survey compiled by S&P Global showed on Monday. The final Purchasing Managers' Index posted 50.0 in October, signalling no change in the operating conditions in the manufacturing sector. The score matched the initial estimate and remained above S
RTTNews | 9s 10 dakika önce