DAX Drifts Lower Ahead Of ECB Rate Decision

RTTNews | 93 일 전
DAX Drifts Lower Ahead Of ECB Rate Decision

(RTTNews) - German stocks were moving lower on Wednesday and the euro was down for a third day in a row as investors await Thursday's ECB meeting for directional cues.

Markets currently eye two more rate cuts from the euro area's central bank this year amid a weak growth outlook and lower inflation.

The benchmark DAX slipped 0.2 percent to 19,451 after closing 0.1 percent lower the previous day.

Earnings remained in focus, with sportswear giant Adidas tumbling 3.6 percent despite raising its full-year sales and profit guidance.

Dragerwerk declined 3.1 percent. The breathing equipment maker for industries and hospitals registered a decline in preliminary earnings before interest and taxes for the third quarter, reflecting a drop in sales.

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Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Friday, despite the negative cues from Wall Street overnight, as traders react to a slew of economic data from China, the world's second-largest economy. They also remain cautious and took a step back to assess the US Fed's near-term interest rate trajectory. Asian markets ended mostly higher on Thursday.
RTTNews | 7 시간 37 분 전
Australian Market Back In The Green In Mid-market

Australian Market Back In The Green In Mid-market

The Australian stock market is back in the green in mid-market trading on Friday after briefly slipping in to the red, also adding to the slight gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,300 level, with gains across most sectors led by mining and financial stocks.
RTTNews | 8 시간 11 분 전
China GDP Climbs 5.4% On Year In Q4

China GDP Climbs 5.4% On Year In Q4

China's gross domestic product expanded 5.4 percent on year in the fourth quarter of 2024, he National Bureau of Statistics said on Friday - exceeding expectations for 5.0 percent and up from 4.6 percent in Q3.
RTTNews | 8 시간 34 분 전
Japanese Market Sharply Lower

Japanese Market Sharply Lower

Reversing the gains in the previous session, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling to stay a tad above the 38,100 level, with weakness across most sectors led by index heavyweights and financial stocks.
RTTNews | 8 시간 54 분 전
Losses May Accelerate For Thai Stock Market

Losses May Accelerate For Thai Stock Market

The Thai stock market inched lower again on Thursday, one day after ending the two-day losing streak in which it had fallen more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,350-point plateau and it may extend Thursday's losses.
RTTNews | 8 시간 55 분 전