DAX Rises On China Stimulus Hopes

RTTNews | 1019 dni temu
DAX Rises On China Stimulus Hopes

(RTTNews) - German stocks traded higher on Friday after China's cabinet vowed to act decisively in ramping up support for the ailing economy.

Authorities will seize the window of opportunity and "decisively enhance the strength (of policy), roll out all policy measures that are needed to stabilize the economy", the cabinet was quoted as saying after a regular meeting.

Investors were also reacting to comments by U.S. President Joe Biden to The Associated Press on Thursday that he saw reasons for optimism about the economy. A recession is "not inevitable," Biden said.

The benchmark DAX jumped 137 points, or 1.1 percent, to 13,175 after losing 3.3 percent the previous day.

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Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remain cautious as uncertainty prevails over the size and the scope of new reciprocal tariffs on imports to the US to be announced later in the day. Some traders also continue to pick up stocks at a bargain after heavy selling in the previous sessions.
RTTNews | 5g 15 minut temu
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Wednesday, but extends the gains in the previous session, with the benchmark S&P/ASX 200 staying well above the 7,900 level, following the mixed cues from Wall Street overnight, with gains in financial and some technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 6g 2 minut temu
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday after opening in the green, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 35,500 level, with weakness in exporters, automakers and financial stocks partially offset by gains in technology stocks.
RTTNews | 7g 31 minut temu
Australian Market Modestly Higher

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving well above the 7,900 level, following the mixed cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 7g 48 minut temu
Australia Building Approval Data Due On Wednesday

Australia Building Approval Data Due On Wednesday

Australia will on Wednesday release February figures for building approvals, highlighting a modest day for Asia-Pacific economic activity. Approvals are expected to slip 1.4 percent on month and climbing 6.3 percent in January.
RTTNews | 10g 48 minut temu
U.S. Dollar Drops Ahead Of Trump's Tariffs

U.S. Dollar Drops Ahead Of Trump's Tariffs

The U.S. dollar fell against its major counterparts in the New York session on Tuesday after weak economic data, while investors awaited more details on U.S. President Donald Trump's reciprocal tariff announcements set to be announced on Wednesday.
RTTNews | 14g 34 minut temu