DAX Rallies Ahead Of Lagarde Speech

RTTNews | 740天前
DAX Rallies Ahead Of Lagarde Speech

(RTTNews) - German stocks rallied on Thursday, as investors reacted to dovish comments from Federal Reserve Chair Jerome Powell and awaited interest-rate decisions from the European Central Bank and the Bank of England later in the day.

Both central banks are expected to raise rates by 50 basis points and ECB President Lagarde's press conference will be the key driver for markets.

The benchmark DAX climbed 203 points, or 1.3 percent, to 15,384 after gaining 0.4 percent the previous day.

Lender Deutsche Bank slumped 5 percent after its pre-tax profit came in below expectations.

Semiconductor manufacturer Infineon jumped 5 percent after posting higher profit and revenue for its first quarter. Medical device maker Siemens Healthineers gained 4.4 percent after confirming its guidance full-year revenue growth.

read more
Slightly Higher Open Called For China Stock Market

Slightly Higher Open Called For China Stock Market

The China stock market on Tuesday snapped the three-day winning streak in which it had improved almost 90 points or 2.8 percent. The Shanghai Composite Index now rests just beneath the 3,320-point plateau and it may find renewed if modest support on Wednesday.
RTTNews | 5小時11分鐘前
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are slightly higher in choppy trading on Wednesday after opening in the red, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving up to stay a tad below the 8,500 level, following the mixed cues from Wall Street overnight, with gains in energy stocks nearly offset by weakness in mining and technology stocks.
RTTNews | 5小時17分鐘前
Tech Shares May Weigh On Taiwan Stock Market

Tech Shares May Weigh On Taiwan Stock Market

The Taiwan stock market bounced higher again on Tuesday, one session after ending the four-day winning streak in which it had spiked more than 760 points or 3.4 percent. The Taiwan Stock Exchange now rests just above the 23,380-point plateau although it may be stuck in neutral on Wednesday.
RTTNews | 5小時41分鐘前
Steady Start Eyed For Singapore Stock Market

Steady Start Eyed For Singapore Stock Market

The Singapore stock market on Tuesday snapped the three-day losing streak in which it had advanced almost 60 points or 1.7 percent. The Straits Times Index now sits just above the 3,860-point plateau and it's likely to tick higher again on Wednesday.
RTTNews | 6小時11分鐘前
TSX Ends Marginally Down

TSX Ends Marginally Down

After a weak start and a subsequent sharp drop, the Canadian market briefly emerged into positive territory by noon on Tuesday, but retreated a bit and stayed sluggish thereafter and eventually settled marginally down.
RTTNews | 6小時29分鐘前
Rebound Anticipated For Malaysia Stock Market

Rebound Anticipated For Malaysia Stock Market

Ahead of Tuesday's holiday for Thaipusam, the Malaysia stock market had ended the four-day winning streak in which it had advanced more than 35 points or 2.3 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,590-point plateau although it may bounce higher again on Wednesday.
RTTNews | 6小時41分鐘前
Japan Stock Market May Return To The Upside

Japan Stock Market May Return To The Upside

Ahead of Tuesday's holiday for National Foundation Day, the Japanese stock market had bounced higher again - one session after ending the three-day winning streak in which it had climbed almost 550 points or 1.4 percent. The Nikkei 225 now sits just above the 38,780-point plateau and it may add to its winnings on Wednesday.
RTTNews | 6小時56分鐘前
Little Movement Expected For South Korea Shares

Little Movement Expected For South Korea Shares

The South Korea stock market on Tuesday ended the two-day slide in which it had slipped more than 15 points or 0.6 percent. The KOSPI now rests just beneath the 2,540-point plateau and it figures to remain in that neighborhood again on Wednesday.
RTTNews | 7小時11分鐘前