DAX Inches Higher In Cautious Trade As Banks Gain
(RTTNews) - German stocks were modestly higher in cautious trade on Monday as investors awaited speeches from European Central Bank policymakers including chief Christine Lagarde later in the day for new hints about whether the central bank will cut interest rates again when it meets in December.
Upcoming regional inflation data, euro zone November flash PMIs and Nvidia earnings also remain on investors' radar.
The benchmark DAX was up 38 points, or 0.2 percent, at 19,248 after declining 0.3 percent on Friday.
Banks traded higher, with Commerzbank climbing 1.4 percent and Deutsche Bank adding 0.9 percent.
The EUR/USD consolidated above 1.0500 after Fed Chair Jerome Powell emphasized that there is no need to rush for interest-rate cuts.
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Thai GDP Expands Most In 2 Years
The Thai economy grew at the fastest pace in two years in the third quarter on strong investment, exports and government spending, data from the Office of the National Economic and Social Development Council showed Monday. Gross domestic product climbed 3.0 percent on a yearly basis after rising revised 2.2 percent in the second quarter.
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6h 16min ago
Sensex, Nifty End Modestly Lower
Indian shares ended Monday's session modestly lower amid concerns over slowing earnings growth and a weakening rupee amidst continued foreign fund outflows.
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6h 23min ago
European Shares Struggle For Direction Ahead Of ECB Lagarde's Speech
European stocks struggled for direction on Monday as investors awaited speeches from ECB policymakers including chief Christine Lagarde later in the day for interest rate guidance.
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7h 14min ago
FTSE 100 Marginally Higher In Lackluster Trade
U.K. stocks were steady on Monday amid a quiet day on the economic front.
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7h 31min ago
CAC 40 Struggles For Direction Ahead Of Lagarde's Speech
French stocks struggled for direction on Monday as investors awaited speeches from ECB policymakers including chief Christine Lagarde later in the day for interest rate guidance.
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7h 47min ago
Asian Shares Mixed; Nikkei Underperforms After BoJ Ueda's Comments
Asian stocks turned in a mixed performance on Monday due to renewed concerns over Trump's potential tariffs and uncertainty over Fed's policy.
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8h 16min ago
Yen Retreats After BoJ Ueda Comments Add Rate Hike Uncertainty
The Japanese yen retreated from recent highs against other major currencies in the Asian session on Monday, after the Bank of Japan Governor Kazuo Ueda said the future interest rate decisions will be data-dependent and avoided giving clear idea about the timing of the next rate hike.
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8h 26min ago
Yen Retreats Against Majors
The Japanese yen retreated from recent highs against other major currencies in the Asian session on Monday.
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8h 57min ago
