DAX Little Changed Ahead Of US Manufacturing PMI Data
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50 days ago
(RTTNews) - German stocks were little changed in cautious trade on Tuesday as populist wins in state election injected fresh uncertainty.
Chancellor Olaf Scholz called the results of two regional elections that saw big wins for the far-right Alternative for Germany (AfD) and losses for his coalition "bitter" and urged mainstream parties to form governments without "right-wing extremists".
Investors also await more U.S. economic data, including the latest manufacturing and services sector PMIs and Friday's non-farm payrolls report for August to gauge the size of the Federal Reserve's rate cut later this month.
The benchmark DAX was marginally lower at 18,926 after edging up 0.1 percent to set a new record close on Monday.
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European Shares Seen Opening Mixed
European stocks are seen opening on a mixed note Wednesday following a quiet day on Wall Street overnight as traders grapple with Middle East tensions, a rising dollar and uncertainties over the upcoming U.S. presidential election.
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4h 40min ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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4h 59min ago
Sensex, Nifty Marginally Higher In Cautious Trade As Financials Surge
Indian shares were slightly higher on Tuesday after having suffered heavy losses in the previous session on continued selling by foreign institutional investors.
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5h 44min ago
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders react to the Biden administration's renewed efforts to secure a cease-fire in the Middle East. The recent surge by bond yields and waning optimism about the outlook for interest rates is weighing on the markets. Asian markets closed mostly lower on Tuesday.
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6h 56min ago
Sensex, Nifty Seen Flat To Higher At Open
Indian shares are likely to open a tad higher on Wednesday, tracking mostly positive cues from other Asian markets.
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7h 46min ago
Japanese Market Slightly Higher
The Japanese stock market is trading slightly higher on Wednesday, recouping some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to stay above the 38,400 level, with traders remaining cautious ahead of the general election this weekend.
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7h 59min ago
Win Streak May End For Indonesia Stock Market
The Indonesia stock market has tracked higher in eight straight sessions, climbing more than 300 points or 4.1 percent along the way. The Jakarta Composite Index now rests just beneath the 7,790-point plateau and it's overdue for consolidation on Wednesday.
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8h 49min ago
Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, recouping some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 staying above the 8,200 level, following the mixed cues from Wall Street overnight, with gains in mining and energy stocks amid firmer commodity prices, partially offset by weakness in technology stocks.
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9h 3min ago