DAX Edges Higher On Dovish Fed Expectations
(RTTNews) - German stocks were modestly higher on Thursday as a preliminary survey showed German business activity contracted in August for a second consecutive month and by more than expected, reinforcing investor bets on a September ECB rate cut.
Dovish Fed expectations also underpinned sentiment following the release of minutes from the Federal Reserve meeting and a downward revision to U.S. payrolls data.
The benchmark DAX was up 43 points, or 0.2 percent, at 18,492 after rising half a percent the previous day.
In corporate news, ticketing group CTS Eventim soared 7 percent after upgrading its full-year earnings outlook.
Lender Deutsche Bank rallied 2.6 percent after settling with over 80 plaintiffs in the Postbank AG litigation.
read more
Tech Shares May Boost South Korea Stock Market
The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day slide in which it had slumped almost 40 points or 1.6 percent. The KOSPI now sits just above the 2,580-point plateau and it's likely to tick higher again on Friday.
RTTNews
|
4h 25phút trước
Tokyo Inflation Data Due On Friday
Japan will on Thursday release October figures for Tokyo-are inflation, highlighting a modest day for Asia-Pacific economic activity. In September, overall Tokyo inflation was up 2.2 percent on year, while core CPI rose an annual 2.0 percent.
RTTNews
|
5h 25phút trước
TSX Ends Marginally Down
The Canadian market ended marginally down on Thursday with investors digesting a slew of earnings updates and largely looking to trim down commitments amid uncertainty about the outcome of U.S. presidential election, and persisting worries about Middle East tensions.
RTTNews
|
5h 32phút trước
Dollar Loses Ground Against Major Counterparts
The U.S. dollar shed some ground on Thursday although the downside was limited thanks to stronger than expected weekly jobless claims data, new home sales data and manufacturing activity report.
RTTNews
|
6h 7phút trước
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against its most major counterparts in the New York session on Thursday.
RTTNews
|
9h 49phút trước
Swiss Market Closes Modestly Higher
The Switzerland market closed modestly higher on Thursday, staying positive right through the day's session, amid hopes global central banks will reduce interest rates further to boost growth.
RTTNews
|
9h 56phút trước
Major European Markets Close Slightly Higher
The major European markets closed slightly higher on Thursday with investors reacting positively to some quarterly earnings updates from a few major European and U.S. companies, and dovish comments from Bank of England Governor Andrew Bailey.
RTTNews
|
10h 14phút trước
Canadian Dollar Declines Against Most Majors
The Canadian dollar dropped against its most major counterparts in the New York session on Thursday.
RTTNews
|
11h 31phút trước
