DAX Rallies Ahead Of Unscheduled ECB Meeting

RTTNews | 903 days ago
DAX Rallies Ahead Of Unscheduled ECB Meeting

(RTTNews) - German stocks climbed on Wednesday, with banks leading the surge, on news that the European Central Bank's policy-setting Governing Council will hold a rare, unscheduled meeting later today to discuss the recent volatility in government bond markets.

ECB executive board member Isabel Schnabel indicated on Tuesday that the central bank will fight any "disorderly" blowout in the borrowing costs of more indebted euro zone nations.

Investors also awaited the Federal Reserve's interest-rate decision later in the day for clues on how aggressive the U.S. central bank intends to be in the coming months.

The benchmark DAX jumped 185 points, or 1.4 percent, to 13,489 after losing 0.9 percent the previous day.

Commerzbank surged 4.5 percent and rival Deutsche Bank advanced 2.5 percent.

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Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has climbed higher in back-to-back sessions, gathering almost 280 points or 3 percent in that span. The Jakarta Composite Index now sits just above the 7,325-point plateau and it may add to its winnings on Thursday.
RTTNews | 5h 23min ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian market is trading modestly higher on Thursday, recouping the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to just below the 8,500 level, with gains in gold miners, technology and financial stocks partially offset by weakness in iron miners and energy stocks.
RTTNews | 5h 26min ago
Hong Kong Shares May Bounce Higher On Thursday

Hong Kong Shares May Bounce Higher On Thursday

The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had collected almost 380 points or 2 percent. The Hang Seng Index now sits just above the 19,740-point plateau although it may find renewed support on Thursday.
RTTNews | 5h 38min ago
Rebound Anticipated For China Stock Market

Rebound Anticipated For China Stock Market

The China stock market on Wednesday snapped the three-day winning streak in which it had advanced almost 85 points or 2.6. The Shanghai Composite now sits just beneath the 3,365-point plateau although it may bounce higher again on Thursday.
RTTNews | 5h 53min ago
Higher Open Anticipated For Taiwan Stock Market

Higher Open Anticipated For Taiwan Stock Market

The Taiwan stock market has tracked higher in three straight sessions, improving almost 1,000 points or 4.3 percent in that span. The Taiwan Stock Exchange now rests just above the 23,250-point plateau and it may move to the upside again on Thursday.
RTTNews | 6h 23min ago
Singapore Stock Market May Add To Its Winnings

Singapore Stock Market May Add To Its Winnings

The Singapore stock market has tracked higher in five straight sessions, collecting more than 90 points or 2.4 percent along the way. The Straits Times Index now rests just beneath the 3,800-point plateau and it's tipped to open in the green again on Thursday.
RTTNews | 6h 53min ago
Malaysia Bourse May Extend Winning Streak

Malaysia Bourse May Extend Winning Streak

The Malaysia stock market has moved higher in three straight sessions, almost 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,615-point plateau and it may tick higher again on Thursday.
RTTNews | 7h 23min ago