DAX Drifts Lower Ahead Of Key Inflation Data

RTTNews | 1天前
DAX Drifts Lower Ahead Of Key Inflation Data

(RTTNews) - German stocks fell sharply on Tuesday while the euro pulled back from recent highs ahead of Eurozone inflation data due later in the day.

Germany's 30-year yield climbed to a 14-year high, tracking a rise in U.S. Treasury yields ahead of key U.S. manufacturing and services activity data as well as the all-important nonfarm payrolls report, due this week.

The benchmark DAX fell 1.1 percent to 23,779 after climbing 0.6 percent on Monday.

DEUTZ shares surged nearly 6 percent. The engine manufacturer has agreed to acquire the Sobek Group, a specialist in drone propulsion systems.

Chemical company BASF was moving lower after it has extended a long-term supply contract for cathode active materials produced at its Schwarzheide facility.

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Australian Market Notably Higher

Australian Market Notably Higher

The Australian market is trading notably higher on Thursday, snapping a three-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks.
RTTNews | 18分钟前
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market has moved lower in consecutive trading days, dropping more than 60 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,810-point plateau although it may find traction on Thursday.
RTTNews | 19分钟前
Tech Shares May Fuel Taiwan Stock Market

Tech Shares May Fuel Taiwan Stock Market

The Taiwan stock market on Wednesday ended the four-day losing streak in which it had dropped more than 500 points or 2 percent. The Taiwan Stock Exchange now sits just above the 24,100-point plateau and it's tipped to open in the green again on Thursday.
RTTNews | 49分钟前
Rebound Anticipated For Singapore Stock Market

Rebound Anticipated For Singapore Stock Market

The Singapore stock market on Wednesday wrote a finish to the five-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Straits Times Index now sits just shy of the 4,290-point plateau although it may find renewed support on Thursday.
RTTNews | 1小时19分钟前
Malaysia Stock Market May Add To Its Winnings On Thursday

Malaysia Stock Market May Add To Its Winnings On Thursday

The Malaysia stock market has moved higher in consecutive trading days, gathering just 3 points or 0.2 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau and it may extend its gains on Thursday.
RTTNews | 1小时49分钟前
Japan Bourse May Reverse Wednesday's Losses

Japan Bourse May Reverse Wednesday's Losses

The Japanese stock market headed south again on Wednesday, one day after ending the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just beneath the 41,940-point plateau although it's likely to bounce higher again on Thursday.
RTTNews | 2小时4分钟前
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has moved higher in back-to-back trading days, collecting more than 40 points or 1.3 percent along the way. The KOSPI now rests just above the 3,180-point plateau and it may add to its winnings on Thursday.
RTTNews | 2小时19分钟前
Australia Trade Data Due On Thursday

Australia Trade Data Due On Thursday

Australia will on Thursday release August numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In July, imports were down 3.1 percent on month and exports rose 6.0 percent for a trade surplus of A$5.365 billion.
RTTNews | 3小时19分钟前