DAX Rallies Ahead Of Lagarde Speech

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DAX Rallies Ahead Of Lagarde Speech

(RTTNews) - German stocks rallied on Thursday, as investors reacted to dovish comments from Federal Reserve Chair Jerome Powell and awaited interest-rate decisions from the European Central Bank and the Bank of England later in the day.

Both central banks are expected to raise rates by 50 basis points and ECB President Lagarde's press conference will be the key driver for markets.

The benchmark DAX climbed 203 points, or 1.3 percent, to 15,384 after gaining 0.4 percent the previous day.

Lender Deutsche Bank slumped 5 percent after its pre-tax profit came in below expectations.

Semiconductor manufacturer Infineon jumped 5 percent after posting higher profit and revenue for its first quarter. Medical device maker Siemens Healthineers gained 4.4 percent after confirming its guidance full-year revenue growth.

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Indonesia Stock Market May End Losing Streak

Indonesia Stock Market May End Losing Streak

The Indonesia stock market has finished lower in five straight sessions, slumping more than 540 points or 7.9 percent in that span. The Jakarta Composite Index now sits just above the 6,530-point plateau and it's overdue for support on Wednesday.
RTTNews | 5h 4minuter sedan
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is modestly higher in post-holiday trading on Wednesday, adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,800 level, with gains index heavyweights, exporter and technology stocks partially offset by weakness in automakers and financial stocks.
RTTNews | 5h 10minuter sedan
Mild Upside Seen For Hong Kong Stock Market

Mild Upside Seen For Hong Kong Stock Market

The Hong Kong stock market on Tuesday ended the three-day winning streak in which it had rallied more than 820 points or 3.9 percent. The Hang Seng Index now rests just beneath the 21,300-point plateau and it's looking at a steady start for Wednesday's trade.
RTTNews | 5h 16minuter sedan
Slightly Higher Open Called For China Stock Market

Slightly Higher Open Called For China Stock Market

The China stock market on Tuesday snapped the three-day winning streak in which it had improved almost 90 points or 2.8 percent. The Shanghai Composite Index now rests just beneath the 3,320-point plateau and it may find renewed if modest support on Wednesday.
RTTNews | 5h 31minuter sedan
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are slightly higher in choppy trading on Wednesday after opening in the red, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving up to stay a tad below the 8,500 level, following the mixed cues from Wall Street overnight, with gains in energy stocks nearly offset by weakness in mining and technology stocks.
RTTNews | 5h 38minuter sedan
Tech Shares May Weigh On Taiwan Stock Market

Tech Shares May Weigh On Taiwan Stock Market

The Taiwan stock market bounced higher again on Tuesday, one session after ending the four-day winning streak in which it had spiked more than 760 points or 3.4 percent. The Taiwan Stock Exchange now rests just above the 23,380-point plateau although it may be stuck in neutral on Wednesday.
RTTNews | 6h 1minuter sedan
Steady Start Eyed For Singapore Stock Market

Steady Start Eyed For Singapore Stock Market

The Singapore stock market on Tuesday snapped the three-day losing streak in which it had advanced almost 60 points or 1.7 percent. The Straits Times Index now sits just above the 3,860-point plateau and it's likely to tick higher again on Wednesday.
RTTNews | 6h 31minuter sedan
TSX Ends Marginally Down

TSX Ends Marginally Down

After a weak start and a subsequent sharp drop, the Canadian market briefly emerged into positive territory by noon on Tuesday, but retreated a bit and stayed sluggish thereafter and eventually settled marginally down.
RTTNews | 6h 49minuter sedan