DAX Struggles For Direction

RTTNews | vor 769 Tagen
DAX Struggles For Direction

(RTTNews) - German stocks struggled for direction on Wednesday as investors assessed China's move to ease COVID curbs.

Taking another step towards loosening its pandemic-related restrictions, the Chinese government announced it would start issuing new passports.

The dismantling of anti-virus travel barriers is expected to send an influx of free-spending Chinese tourists to revenue-starved destinations in Asia and Europe for next month's Lunar New Year holiday.

The benchmark DAX was down 15 points, or 0.1 percent, at 13,979 after rising 0.4 percent in the previous session.

Banks traded weak, with Deutsche Bank falling nearly 1 percent. Automakers BMW, Mercedes Benz and Volkswagen all were down around 1 percent.

The dollar index traded largely flat despite a spike in Treasury yields.

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Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Wednesday, adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,800 level, with gains in gains across most sectors led by index heavyweights and financial stocks.
RTTNews | vor 5Std 20 Minuten
Australian Market Notably Higher

Australian Market Notably Higher

Australian shares are trading notably higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,400 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and technology stocks.
RTTNews | vor 5Std 27 Minuten
Hong Kong Shares Tipped To Open To The Upside

Hong Kong Shares Tipped To Open To The Upside

The Hong Kong stock market surged higher again on Tuesday, on day after ending the three-day winning streak in which it had advanced almost 525 points or 2.6 percent. The Hang Seng Index now rests just beneath the 20,800-point plateau and it's expected to move higher again on Wednesday.
RTTNews | vor 5Std 41 Minuten
Solid Return Expected For China Stock Market

Solid Return Expected For China Stock Market

Ahead of the long break for the Lunar New Year, the China stock market had ended the two-day winning streak in which it had improved almost 40 points or 1.2 percent. The Shanghai Composite Index now rests just above the 3,250-point plateau and it's expected to open to the upside on Wednesday as it catches up on missed sentiment.
RTTNews | vor 5Std 56 Minuten
Hong Kong PMI Ebbs In January - S&P Global

Hong Kong PMI Ebbs In January - S&P Global

The private sector in Hong Kong continued to expand in January, albeit at a slower pace, the latest survey from S&P Global revealed on Wednesday with a PMI score of 51.0.
RTTNews | vor 6Std 16 Minuten
Taiwan Shares Expected To Open In The Green On Wednesday

Taiwan Shares Expected To Open In The Green On Wednesday

The Taiwan stock market bounced higher again on Tuesday, one day after emphatically halting the five-day winning streak in which it had surged more than 1,000 points or 4.5 percent. The Taiwan Stock Exchange now rests just beneath the 22,800-point plateau and it may add to its winnings on Wednesday.
RTTNews | vor 6Std 26 Minuten