Advertisement
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.
read more
Bay Street Likely To Open On Mixed Note
Canadian stocks may open on a mixed note on Wednesday, tracking commodity prices and quarterly earnings announcements. The mood is likely to remain cautious amid tariff concerns, and uncertainty about the outlook for interest rate cuts next week.
RTTNews
|
4小时4分钟前
Bank Indonesia Unexpectedly Holds Rate Steady At 4.75%
Indonesia's central bank unexpectedly kept its key interest rate unchanged on Wednesday after three consecutive reductions as policymakers assess the impact of the previous easing. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to hold the BI rate at 4.75 percent. The bank was expected to cut the rate by 25 basis points.
RTTNews
|
4小时8分钟前
FTSE 100 Rises Nearly 1% On Soft Inflation Data
The U.K. market is up in positive territory on Wednesday, outperforming other major markets in Europe, thanks to softer-than-expected consumer price inflation data.
RTTNews
|
5小时35分钟前
CAC 40 Pares Some Early Losses; L'Oreal Down Sharply As Sales Miss Expectations
French stocks are showing weakness on Wednesday, turning down south from the record highs climbed in the previous session. Slightly disappointing earnings announcements from luxury majors weigh on the market.
RTTNews
|
5小时57分钟前
UK Consumer Prices Rise Less Than Forecast
UK consumer prices rose less than expected and food inflation eased for the first time in six months in September, raising hopes that the Bank of England could reduce interest rates this year. Consumer prices logged an annual growth of 3.8 percent in September, the same rate of increase as seen in August, the Office for National Statistics said Wednesday. Prices were expected to climb at a faster
RTTNews
|
7小时9分钟前
DAX Advances In Cautious Trade
After a weak start and a subsequent recovery that briefly lifted it slightly above the flat line, the German stock market retreated and slipped into negative territory Wednesday morning amid cautious moves by investors due to a lack of progress in Ukraine peace talks and a disappoint earnings update from Netflix.
RTTNews
|
7小时29分钟前
European Shares Mostly Lower; FTSE 100 Bucks Trend On Soft Inflation Data
European shares were mixed on Wednesday as investors digested a flurry of corporate earnings and closely watched the latest trade developments between the United States and China.
RTTNews
|
7小时47分钟前
Asian Shares Retreat As US-China Tensions Weigh
Asian stocks retreated on Wednesday, with renewed U.S.-China trade tensions and mixed U.S. earnings keeping investors on edge.
RTTNews
|
8小时12分钟前
