DAX Slips Into Red As Yields Rise After BOJ Policy Tweak

RTTNews | 758 ngày trước
DAX Slips Into Red As Yields Rise After BOJ Policy Tweak

(RTTNews) - German stocks declined on Friday as bond yields climbed after the Bank of Japan eased controls on its government bond market.

The downside remained capped after official data showed the German economy stabilized in the second quarter after two consecutive contractions.

GDP remained flat in the second quarter, following a 0.1 percent drop in the first quarter and 0.4 percent decline in the fourth quarter of 2022, Destatis reported. GDP was expected to climb 0.1 percent.

On a yearly basis, price-adjusted GDP dropped 0.6 percent in contrast to the 0.1 percent rise a quarter ago.

Calendar-adjusted GDP was down 0.2 percent, the same rate of fall as reported in the first quarter.

The benchmark DAX was down 66 points, or 0.4 percent, at 16,339 after climbing 1.7 percent in the previous session.

In corporate news, energy networks operator E. ON rose half a percent after reporting higher profit in the first six months of the year and raising its full-year guidance. Chemical company BASF was down 0.6 percent after sales declined by 24.7 percent in the second quarter of 2023.

read more
Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Friday snapped the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 23,760-point plateau, although it's likely to bounce higher again on Monday.
RTTNews | 34 phút trước
Singapore Stock Market May See Additional Support On Monday

Singapore Stock Market May See Additional Support On Monday

The Singapore stock market has climbed higher in four straight sessions, improving more than 65 points or 1.5 percent along the way. The Straits Times Index now sits just above the 4,250-point plateau and it's got a strong lead again for Monday's trade.
RTTNews | 1h 4phút trước
Malaysia Stock Market Likely To Crack Resistance At 1,600 Points

Malaysia Stock Market Likely To Crack Resistance At 1,600 Points

The Malaysia stock market has moved higher in two straight sessions, collecting almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,600-point plateau and it's expected to open to the upside again on Monday.
RTTNews | 1h 34phút trước
Japan Stock Market May Extend Friday's Gains

Japan Stock Market May Extend Friday's Gains

The Japan stock market on Friday halted the three-day losing streak in which it had stumbled more than 1,100 points or 2.7 percent. The Nikkei 225 now rests just above the 42,630-point plateau and it's expected to see additional support on Monday.
RTTNews | 1h 51phút trước
South Korea Bourse May Challenge 3,200-Point Mark

South Korea Bourse May Challenge 3,200-Point Mark

The South Korea stock market has tracked higher in back-to-back sessions, collecting almost 40 points or 1.3 percent along the way. The KOSPI now sits just shy of the 3,170-point plateau and it's tipped to open in the green again on Monday.
RTTNews | 1h 54phút trước
New Zealand Retail Sales Climb 0.5% In Q2

New Zealand Retail Sales Climb 0.5% In Q2

The total volume of retail sales in New Zealand was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2025, Statistics New Zealand said on Monday - coming in at NZ$25 billion.
RTTNews | 2h 11phút trước
New Zealand Retail Sales Data Due On Monday

New Zealand Retail Sales Data Due On Monday

New Zealand will on Monday release Q2 numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales are expected to add 0.1 percent on quarter, easing from 0.8 percent in the three months prior.
RTTNews | 3h 4phút trước
U.S. Dollar Drops After Powell's Speech

U.S. Dollar Drops After Powell's Speech

The U.S. dollar weakened against its major counterparts in the New York session on Friday, as Federal Reserve Chair Jerome Powell hinted at a potential rate cut next month.
RTTNews | 2 ngày trước