DAX Slips On Interest-rate Concerns

RTTNews | 849 gün önce
DAX Slips On Interest-rate Concerns

(RTTNews) - German stocks were moving lower on Monday, as investors braced for another jumbo rate hike by the U.S. Federal Reserve at the end of a two-day policy meeting on Wednesday.

13 central bank meetings are scheduled this week, which are certain to see borrowing costs rise across the globe.

As inflation worries mount, it remains to be seen whether the Fed will be forced to raise rates by 100 bps.

The benchmark DAX dipped 39 points, or 0.3 percent, to 12,702 after falling 1.7 percent on Friday.

Tech shares traded lower, with Infineon Technologies losing about 1 percent, tracking higher Eurozone government bond yields.

Volkswagen gained 1 percent. The automaker is seeking to raise nearly 9.4 billion euros ($9.41 billion) from the initial public offering of its iconic sports-car maker Porsche AG.

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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders are cautious and reluctant to make more significant moves ahead of a more closely watched report on US consumer price inflation later in the day that could influence the US Fed's rate trajectory. Asian markets closed mostly higher on Tuesday.
RTTNews | 7s 6 dakika önce
Australian Market Trims Gains In Mid-market

Australian Market Trims Gains In Mid-market

The Australian stock market is trimming its gains in mid-market trading on Wednesday, but expending the gains in the previous session, with the benchmark S&P/ASX 200 index still staying well above the 8,200.00 level, with gains in mining and financial stocks nearly offset by weakness in technology and energy stocks.
RTTNews | 7s 27 dakika önce
Thai Stock Market Expected To Open Higher On Wednesday

Thai Stock Market Expected To Open Higher On Wednesday

The Thai stock market has finished lower in two straight sessions, sinking more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,340-point plateau although it's due for support on Wednesday.
RTTNews | 8s 27 dakika önce
Indonesia Bourse May Stop The Bleeding On Wednesday

Indonesia Bourse May Stop The Bleeding On Wednesday

The Indonesia stock market has finished lower in back-to-back sessions, surrendering more than 130 points or 1.8 percent along the way. The Jakarta Composite Index now sits just above the 6,950-point plateau although it's tipped to open to the upside on Wednesday.
RTTNews | 8s 57 dakika önce
Additional Support Tipped For Hong Kong Shares

Additional Support Tipped For Hong Kong Shares

The Hong Kong stock market on Tuesday ended the six-day losing streak in which it had tumbled almost 900 points or 4.7 percent. The Hang Seng Index now sits just beneath the 19,220-point plateau and it may add to its winnings on Wednesday.
RTTNews | 9s 12 dakika önce