DAX Little Changed Ahead Of GDP Data

RTTNews | 756天前
DAX Little Changed Ahead Of GDP Data

(RTTNews) - German stocks held steady on Friday as signs of slowing U.S. inflation fueled bets the Federal Reserve would take a softer approach to its aggressive rate-hike policy.

The benchmark DAX was marginally higher at 15,071 after gaining 0.7 percent the previous day.

Bond yields traded mixed ahead of the release of 2022 gross domestic product estimates later in the session.

Rational AG, a manufacturer and retailer of combi steamers and ovens, jumped 2.2 percent. The company reported that its preliminary sales revenues for fiscal 2022 increased 31 percent year-on-year.

United Internet allied 3.4 percent. Reuters reports that the company's web hosting subsidiary Ionos wants to begin the process for an initial public offering (IPO) this month.

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Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian markets are mostly higher on Friday, following the mixed from Wall Street overnight, as traders seemed cautious and reluctant to make significant moves ahead of the release of the closely watched monthly US jobs report later in the day for cues on the outlook for interest rates. They also await US President Donald Trump's next move on trade curbs ahead of China's tariff deadline next week.
RTTNews | 6小時27分鐘前
Australian Market Treads Back In To The Red In Mid-market

Australian Market Treads Back In To The Red In Mid-market

The Australian stock market is slightly lower in choppy trading in mid-market moves on Friday after opening in the red and briefly moving in to the green, snapping the three-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,500 level, with a mixed performance across most sectors. Energy stocks are the only weak spot.
RTTNews | 6小時57分鐘前
Thai Stock Market Expected To Halt Losing Streak

Thai Stock Market Expected To Halt Losing Streak

The Thai stock market has finished lower in seven straight sessions, plummeting more than 85 points or 6.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau and it's overdue for support on Friday.
RTTNews | 7小時49分鐘前
Indonesia Stock Market Due For Support On Friday

Indonesia Stock Market Due For Support On Friday

The Indonesia stock market has finished lower in consecutive trading days, stumbling almost 190 points or 2.8 percent in that span. The Jakarta Composite Index now sits just above the 6,875-point plateau although it may stop the bleeding on Friday.
RTTNews | 8小時19分鐘前
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous three sessions, the Japanese market is notably lower on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 38,900 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.
RTTNews | 8小時23分鐘前
Hong Kong Shares Tipped To Open To The Upside On Friday

Hong Kong Shares Tipped To Open To The Upside On Friday

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of 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 20,900-point plateau and it's expected to open in the green again on Friday.
RTTNews | 8小時34分鐘前