DAX Little Changed As Euro Steadies After Selloff

RTTNews | 149 days ago
Stocktwits
DAX Little Changed As Euro Steadies After Selloff

(RTTNews) - German stocks were little changed on Tuesday as investor focus shifted to Wednesday's U.S. consumer price data and the Federal Reserve interest-rate decision.

The Fed is widely expected to leave interest rates unchanged, but traders will pay closer attention to Fed officials' updated projections for the economy and rates.

The benchmark DAX was up 6 points at 18,501 after declining 0.3 percent in the previous session.

The euro was little changed, after having hit a one-month low the day before following French President Emmanuel Macron's decision to call a snap national election due to a strong showing for far-right parties in the European Parliament elections.

Likewise, Euro zone government bonds steadied after a sell-off in the previous session.

Stocktwits
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European Economic News Preview: BoE To Cut Interest Rate

European Economic News Preview: BoE To Cut Interest Rate

The Bank of England is set to lower its benchmark rate by a quarter-point on Thursday but uncertainty over the future policy easing escalated after Donald Trump won the US presidential election. At the end of two-day policy meeting, the Monetary Policy Committee of the BoE is expected to lower the bank rate to 4.75 percent from 5.00 percent.
RTTNews | 5h 44min ago
China Exports Growth Fastest In More Than 2 Years; Imports Fall

China Exports Growth Fastest In More Than 2 Years; Imports Fall

China's exports expanded the most in more than two years in October, while imports declined at a sharper-than-expected pace due to weaker domestic demand, official data showed Thursday. Exports grew 12.7 percent on a yearly basis, following an increase of 2.4 percent in September, customs data revealed. Shipments were forecast to climb only 5.0 percent.
RTTNews | 6h 49min ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the broadly positive cues from Wall Street overnight, as traders cautiously weigh the implications of Donald Trump's victory in the U.S. Presidential Election. They are concerned about Trump's tariff plans that could reignite U.S.-China trade tensions. Asian Markets closed mixed on Wednesday.
RTTNews | 9h 0min ago
Japanese Market Notably Lower

Japanese Market Notably Lower

Reversing the gains in the previous two sessions, the Japanese stock market is notably lower on Thursday after opening in the green, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 39,300 level, with weakness in index heavyweights and technology stocks partially offset by gains in exporters and financial stocks.
RTTNews | 10h 13min ago
Thai Shares Tipped To Bounce Higher Again On Thursday

Thai Shares Tipped To Bounce Higher Again On Thursday

The Thai stock market turned lower again on Wednesday, one day after snapping the two-day slide in which it had eased just over 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just above the 1,465-point plateau although it's expected to rebound on Thursday.
RTTNews | 10h 43min ago
Indonesia Bourse Likely To Reclaim 7,400-Point Level

Indonesia Bourse Likely To Reclaim 7,400-Point Level

The Indonesia stock market headed south again on Wednesday, one day after ending the two-day slide in which it had slumped almost 100 points or 1.4 percent. The Jakarta Composite Index now rests just above the 7,380-point plateau although it's likely to see renewed support on Thursday.
RTTNews | 11h 13min ago
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