DAX Rises On Hopes Of A Softer Fed Stance

RTTNews | 965 ngày trước
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
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 | 2h 32phút trước
UK Unemployment Rate Highest Since 2021

UK Unemployment Rate Highest Since 2021

The UK unemployment rate increased to the highest since early 2021 in the third quarter, raising chances of an interest rate cut, official data revealed on Tuesday. The ILO jobless rate rose to 5.0 percent in the third quarter from 4.8 percent in the three months to August, the Office for National Statistics said. The rate was above economists' forecast of 4.9 percent.
RTTNews | 3h 27phút trước
FTSE 100 Rises On Rate Cut Hopes; Vodafone Group Moves Up Sharply

FTSE 100 Rises On Rate Cut Hopes; Vodafone Group Moves Up Sharply

U.K.'s FTSE 100 index has moved up sharply on Tuesday, amid hopes of a rate cut by the Bank of England next month after data showed an increase in the nation's unemployment rate in the third quarter. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history is also aiding sentiment.
RTTNews | 3h 44phút trước
CAC 40 Up 0.6%; Hermes International, LVMH Among Top Gainers

CAC 40 Up 0.6%; Hermes International, LVMH Among Top Gainers

French stocks are up firmly in positive territory on Tuesday, extending gains from the previous session, following the passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history.
RTTNews | 4h 11phút trước
German Economic Confidence Weakens In November

German Economic Confidence Weakens In November

German economic confidence weakened moderately in November as investors became concerned about the ability of economic policies to address its key issues, a monthly survey conducted by the think tank ZEW showed Tuesday. The economic sentiment index fell unexpectedly to 38.5 in November from 39.3 in the previous month. The reading was forecast to rise to 41.0.
RTTNews | 5h 9phút trước
Senex, Nifty End Higher On Fed Rate Cut Hopes

Senex, Nifty End Higher On Fed Rate Cut Hopes

Indian shares eked out modest gains on Tuesday, with trade deal hopes and expectations of Federal Reserve interest-rate cuts helping underpin investor sentiment.
RTTNews | 6h 0phút trước