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DAX Sees Modest Gains On China Optimism

RTTNews | 1026 gün önce

DAX Sees Modest Gains On China Optimism

(RTTNews) - German stocks were seeing modest gains on Friday, with optimism about China's reopening and expectations that the Federal Reserve would ease up on interest-rate rises helping underpinning sentiment.

Traders looked to a revival in Chinese demand as hundreds of thousands of people travel home for the Lunar New Year holiday that officially begins on Saturday.

Adding to the optimism, the country said the worst was over in its battle against COVID-19.

Fed tightening fears eased somewhat after several Fed officials hinted at a slower pace of rate hikes going forward.

Investors expect the Fed to downshift to a quarter-percentage point increase when officials meet Jan. 31-Feb. 1.

The benchmark DAX was up73 points, or half a percent, at 14,996 after tumbling 1.7 percent in the previous session.

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Japan M2 Money Stock Climbs 1.6% Annually

Japan M2 Money Stock Climbs 1.6% Annually

The M2 money stock in Japan was up 1.6 percent on year in October, the Bank of Japan said on Wednesday - coming in at 1,270.1 trillion yen.

RTTNews | 1s 1 dakika önce

Win Streak May Continue For Malaysia Stock Market

Win Streak May Continue For Malaysia Stock Market

The Malaysia stock market has moved higher in three straight sessions, collecting more than 15 points or 1 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,635-point plateau and it's expected to see additional support on Wednesday.

RTTNews | 1s 26 dakika önce

Mild Upside Seen For Japan Stock Market

Mild Upside Seen For Japan Stock Market

The Japan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had plunged nearly 2,200 points or 4.2 percent. The Nikkei 225 now rests just above the 50,840-point plateau and it may tick higher again on Wednesday.

RTTNews | 1s 41 dakika önce

South Korea May Extend Winning Streak

South Korea May Extend Winning Streak

The South Korea stock market has tracked higher in two straight sessions, advancing more than 150 points or 4 percent in that span. The KOSPI sits just above the 4,100-point plateau and it's tipped to open in the green again on Wednesday.

RTTNews | 1s 54 dakika önce

China Loan Data On Tap For Wednesday

China Loan Data On Tap For Wednesday

China will on Wednesday release October figures for new loans and money stock, highlighting a light day for Asia-Pacific economic activity.

RTTNews | 2s 26 dakika önce

Swiss Market Ends On Buoyant Note Amid Hopes Of Striking Deal For Lower Tariffs

Swiss Market Ends On Buoyant Note Amid Hopes Of Striking Deal For Lower Tariffs

The Switzerland market closed on a strong note on Tuesday, gaining in strength consistently after opening modestly higher. Investors picked up stocks amid hopes Switzerland will strike a deal with the U.S. to lower tariffs.

RTTNews | 6s 37 dakika önce

European Markets Close On Firm Note

European Markets Close On Firm Note

European stocks closed on a positive note on Tuesday as the passage of a short-term funding bill late Monday raised the possibility of the longest government shutdown in U.S. history coming to an end soon.

RTTNews | 7s 0 dakika önce

Bay Street May Open Higher Again

Bay Street May Open Higher Again

Canadian stocks may open higher on Tuesday, riding on firm commodity prices. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history, is likely to aid sentiment.

RTTNews | 11s 7 dakika önce

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