DAX Slips In Cautious Trade After Fed Minutes

RTTNews | 845 days ago
Stocktwits
DAX Slips In Cautious Trade After Fed Minutes

(RTTNews) - German stocks edged lower on Thursday as investors pondered over the Federal Reserve's December meeting minutes.

The minutes showed that Fed officials are committed to keep interest rates high through 2023 to curb "unacceptably high" inflation.

China COVID worries also weighed, with the country reporting 218,019 new weekly COVID-19 cases as of Jan. 1, according to the World Health Organization's weekly report.

The benchmark DAX slipped 29 points, or 0.2 percent, to 14,461 after climbing 2.2 percent in the previous session.

Deutsche Bank gave up 1.7 percent and Infineon Technologies fell over 1 percent while Bayer and Volkswagen were up more than 1 percent each.

On a light day on the economic front, data showed German construction activity saw little improvement towards the end of last year.

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European Economic News Preview: Eurozone Economic Sentiment Due

European Economic News Preview: Eurozone Economic Sentiment Due

Economic sentiment and monetary aggregates from the euro area and consumer sentiment from Germany are the top economic news due on Tuesday. At 2.00 am ET, the market research group GfK publishes German consumer sentiment survey results. The confidence index is forecast to fall to -25.6 in May from -24.5 in April.
RTTNews | 51 minutes ago
NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday. The NZ dollar rose to a 4-day high of 0.5987 against the U.S. dollar, from yesterday's closing value of 0.5971.
RTTNews | 1h 2min ago
European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks are seen opening flat to slightly higher on Tuesday as investors watch the latest developments on trade talks and await cues from some big U.S. tech companies.
RTTNews | 1h 11min ago
Sensex, Nifty Fluctuate In Lackluster Trade

Sensex, Nifty Fluctuate In Lackluster Trade

Indian shares fluctuated in early trade on Tuesday, tracking muted cues from global markets as investors looked for signs of progress on the global trade front.
RTTNews | 2h 23min ago
Australian Market Strongly Adds To Early Gains In Mid-market

Australian Market Strongly Adds To Early Gains In Mid-market

The Australian stock market is strongly extending its early modest gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,000 mark, with gains across most sectors led by iron ore miners, technology and energy stocks.
RTTNews | 3h 25min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, as traders remain optimistic and keep a close eye on developments on the tariff front, with US Treasury Secretary Scott Bessent reportedly said he believes an agreement in principle can reached on "17 or 18 important trade deals" the administration is currently negotiating.
RTTNews | 3h 49min ago
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