DAX Rallies Ahead Of Unscheduled ECB Meeting

RTTNews | 1019 ngày trước
DAX Rallies Ahead Of Unscheduled ECB Meeting

(RTTNews) - German stocks climbed on Wednesday, with banks leading the surge, on news that the European Central Bank's policy-setting Governing Council will hold a rare, unscheduled meeting later today to discuss the recent volatility in government bond markets.

ECB executive board member Isabel Schnabel indicated on Tuesday that the central bank will fight any "disorderly" blowout in the borrowing costs of more indebted euro zone nations.

Investors also awaited the Federal Reserve's interest-rate decision later in the day for clues on how aggressive the U.S. central bank intends to be in the coming months.

The benchmark DAX jumped 185 points, or 1.4 percent, to 13,489 after losing 0.9 percent the previous day.

Commerzbank surged 4.5 percent and rival Deutsche Bank advanced 2.5 percent.

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Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Monday, following the broadly negative cues from Wall Street on Friday, as the markets are priming up for the new US tariffs later in the week, primarily the 25 percent tariffs on auto and auto parts imports. The Japanese market is pulling down the markets with a 3.7 percent drop on concerns the tariffs could hit domestic production and auto sector jobs.
RTTNews | 5h 21phút trước
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, reversing the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 7,900.00 level, with weakness across all sectors led by mining and technology stocks.
RTTNews | 6h 22phút trước
Thai Stock Market Expected To Open In The Red

Thai Stock Market Expected To Open In The Red

The Thai stock market has finished lower in two straight sessions, sinking almost 15 points or 1.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,175-point plateau and it figures to open to the downside again on Monday.
RTTNews | 7h 25phút trước
Japanese Market Sharply Lower; Down 3.7%

Japanese Market Sharply Lower; Down 3.7%

The Japanese stock market is trading sharply lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling 3.7 percent to below the 35,800 level, with weakness across all sectors led by index heavyweights and technology stocks.
RTTNews | 7h 30phút trước
Hong Kong Shares Tipped To Open To The Downside

Hong Kong Shares Tipped To Open To The Downside

The Hong Kong stock market on Friday ended the two-day winning streak in which it had improved more than 230 points or 1 percent. The Hang Seng Index now rests just above the 23,425-point plateau and it's looking at another soft start again on Monday.
RTTNews | 7h 55phút trước
Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is trading sharply lower on Monday, reversing the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 7,900.00 level, with weakness across all sectors led by mining and technology stocks.
RTTNews | 8h 4phút trước