DAX Extends Gains On Economic Optimism

RTTNews | 396 ngày trước
DAX Extends Gains On Economic Optimism

(RTTNews) - German stocks rose on Friday to extend gains from the previous session as fears of a U.S. recession eased and optimism prevailed that the Federal Reserve would lower interest rates by at least 25-basis at next month's upcoming policy meeting.

The benchmark DAX was up half a percent at 18,275 after rallying 1.7 percent the previous day.

Banks and automakers traded higher, with Deutsche Bank, Volkswagen and Mercedes Benz all rising around 1 percent.

The dollar was slightly lower against the euro and pound after the release of upbeat consumer spending and labor market data.

Traders' attention now shifts to the annual Jackson Hole Economic Symposium, which traditionally brings together the heads of the world's leading central banks. This year's event will be held on August 22-24.

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Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, reversing the gains in the previous session, with the benchmark S&P/ASX 200 falling well below the 8,850 level, following the broadly negative cues from Wall Street overnight, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 17 phút trước
Asian Markets Track Global Markets Lower

Asian Markets Track Global Markets Lower

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Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has moved higher in eight straight sessions, adding almost 55 points or 4.5 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,310-point plateau although it may be stuck in neutral on Wednesday.
RTTNews | 1h 55phút trước
Indonesia Bourse May Run Out Of Steam On Wednesday

Indonesia Bourse May Run Out Of Steam On Wednesday

The Indonesia stock market has moved higher in six straight sessions, advancing more than 320 points or 4.3 percent in that span. The Jakarta Composite Index now rests just beneath the 7,960-point plateau although the rally may stall on Wednesday.
RTTNews | 2h 25phút trước
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is trading slightly lower on Wednesday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 44,850 level, with weakness in index heavyweights, exporters and financial stocks partially offset by gains in technology stocks.
RTTNews | 2h 25phút trước
Losses May Accelerate For Hong Kong Stock Market

Losses May Accelerate For Hong Kong Stock Market

The Hong Kong stock market on Tuesday snapped the two-day winning streak in which it had jumped more than 360 points or 1.4 percent. The Hang Seng Index now sits just beneath the 26,440-point plateau and it may extend its losses on Wednesday.
RTTNews | 2h 40phút trước
Australian Market Modestly Lower

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday, reversing the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 8,850 level, following the broadly negative cues from Wall Street overnight, with weakness in mining, financial and technology stocks partially offset by gains in energy stocks.
RTTNews | 2h 51phút trước