DAX Modestly Higher In Cautious Trade

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DAX Modestly Higher In Cautious Trade

(RTTNews) - German stocks traded slightly higher on Tuesday and the euro remained fragile amid bets that the European Central Bank will deliver another interest rate cut at a policy meeting due Thursday.

German ZEW economic confidence survey data and euro area industrial production data are due later in the day.

The German economic sentiment index is forecast to rise to 10.2 in October from 3.6 in September.

Industrial output in the euro area is expected to grow 1.8 percent on month in August, in contrast to the 0.3 percent fall in July.

The benchmark DAX was up 51 points, or 0.3 percent, at 19,560 after climbing 0.7 percent in the previous session.

In corporate news, Deutsche Bank dropped 2 percent after reports of the sale of some 16 million shares in the bank priced at 16.01 euros ($17.43) per share.

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Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

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Sensex, Nifty Set For Muted Open

Sensex, Nifty Set For Muted Open

Indian shares are seen opening little changed on Thursday as solid U.S. economic data along with an uptick in inflation supported recent comments by many Fed officials that there's no rush to cut rates.
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Japanese Market Slightly Lower

Japanese Market Slightly Lower

Adding to the losses in the previous two sessions, the Japanese market is slightly lower on Thursday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 38,100 level, with weakness in index heavyweights and technology stocks partially offset by gains in exporters and financial stocks.
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Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in three straight sessions, slipping more than 15 points or 1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,430-point plateau and it's expected to open under pressure again on Thursday.
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Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Thursday, adding to the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,400 level to near all-time highs, with gains in energy, financial and technology stocks partially offset weakness in gold miners stocks.
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Indonesia Bourse May Test Support At 7,200 Points

Indonesia Bourse May Test Support At 7,200 Points

Ahead of Wednesday's holiday for regional elections, the Indonesia stock market had ended the two-day winning streak in which it had rallied almost 175 points or 2.5 percent. The Jakarta Composite Index now rests just beneath the 7,250-point plateau and it may take further damage on Thursday.
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Profit Taking May Dent Hong Kong Stock Market

Profit Taking May Dent Hong Kong Stock Market

The Hong Kong stock market has moved higher in two straight sessions, advancing more than 450 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 19,600-point plateau although it may run out of steam on Thursday.
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China Bourse May Hand Back Wednesday's Gains

China Bourse May Hand Back Wednesday's Gains

The China stock market on Wednesday wrote a finish to the three-day slide in which it had slipped just 10 points or 0.3 percent. The Shanghai Composite now sits just beneath the 3,310-point plateau although if figures to head south again on Thursday.
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