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DAX Gains With Focus On Fed Meeting
(RTTNews) - German stocks were modestly higher on Friday, heading into next week's FOMC meeting, where a 25-bps interest-rate cut is expected.
The euro edge higher after ECB policymakers signaled no further rate cuts in the immediate future.
ECB official Joachim Nagel stated that inflation in the euro zone is going in the right direction and the inflation target is likely to be reached at the end of next year.
The benchmark DAX was up 72 points, or 0.4 percent, at 18,590 after rallying 1 percent in the previous session.
Commerzbank shares rallied 2.2 percent. The head of Germany's central bank said that authorities would take a "very close look" at UniCredit's overtures to potentially buy the German bank.
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Australian Market Extends Early Losses In Mid-market
The Australian market is extending early losses in mid-market moves on Thursday, reversing some of the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,600 level, with weakness in financial and energy stocks partially offset by gains in mining and technology stocks.
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32分钟前
Asian Markets Mostly Lower On Tariff Worries
Asian stock markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the deadline of July 9 set by the US President Donald Trump for reaching trade deals with its partner countries. Trump hinted at higher tariffs on certain countries after the deadline. Asian markets closed mostly lower on Wednesday.
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37分钟前
Sensex, Nifty Likely To Open On Cautious Note
Indian shares look set to open on a flat note Thursday as investors await the conclusion of India-U.S. trade deal, which is reportedly at its final stage.
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1小时39分钟前
Japanese Market Modestly Higher
The Japanese market is trading modestly higher on Thursday after opening in the red, reversing some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 39,800 level, with gains in technology stocks and a mixed performance in most other sectors.
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1小时43分钟前
Australian Market Modestly Lower
The Australian market is trading modestly lower on Thursday after opening in the green, reversing some of the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,600 level, with weakness in financial stocks partially offset by gains in mining and energy stocks.
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3小时19分钟前
Pound Falls Amid Uncertainty Over Chancellor's Future
The pound dropped against its major counterparts in the New York session on Wednesday, following rumours about Rachel Reeves' future as finance minister.
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8小时15分钟前
Canadian Market Down Marginally In Lackluster Trade
The Canadian market is down in negative territory in lackluster trade on Wednesday as investors largely refrain from making significant moves, choosing to wait for directional clues from the trade front.
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10小时26分钟前
Swiss Market Closes Modestly Higher
Despite struggling for direction for much of the day's trading session, the Switzerland market closed modestly higher on Wednesday as select stocks found some good support in the final hour.
The mood was cautious with investors awaiting further news on the trade front, and the data on Swiss inflation and unemployment, due later in the week.
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10小时55分钟前
