DAX Little Changed Ahead Of US Manufacturing PMI Data
(RTTNews) - German stocks were little changed in cautious trade on Tuesday as populist wins in state election injected fresh uncertainty.
Chancellor Olaf Scholz called the results of two regional elections that saw big wins for the far-right Alternative for Germany (AfD) and losses for his coalition "bitter" and urged mainstream parties to form governments without "right-wing extremists".
Investors also await more U.S. economic data, including the latest manufacturing and services sector PMIs and Friday's non-farm payrolls report for August to gauge the size of the Federal Reserve's rate cut later this month.
The benchmark DAX was marginally lower at 18,926 after edging up 0.1 percent to set a new record close on Monday.
read more
European Economic News Preview: Germany Industrial Output, Trade Data Due
Industrial production and foreign trade from Germany and retail sales from the euro area are the top economic news due on Thursday. At 2.00 am ET, Destatis is slated to issue Germany's industrial output and trade figures. Exports are expected to rebound 2.0 percent on month in November and imports to climb 0.7 percent.
RTTNews
|
5小时40分钟前
China Inflation Eases To 0.1%; PPI Continues To Drop
China's consumer price inflation softened further in December and producer prices declined for 27 consecutive months despite Beijing initiating stimulus measures to revive domestic demand. Consumer prices grew only 0.1 percent on a yearly basis in December, slower than the 0.2 percent increase seen in November, figures from the National Bureau of Statistics revealed on Thursday.
RTTNews
|
5小时47分钟前
European Shares May Struggle To Find Footing Amid Economic Uncertainty
European stocks may struggle for direction on Thursday, with trading volumes likely to remain thin due to a holiday in the U.S. to honor the death of former President Jimmy Carter.
RTTNews
|
7小时6分钟前
Sensex, Nifty Open Lower On Weak Global Cues
Indian shares were subdued on Thursday, tracking weak cues from global markets as Chinese inflation data disappointed and reports suggested that U.S. President-elect Donald Trump was mulling a national economic emergency declaration to provide legal justification for a series of universal tariffs on allies and adversaries.
RTTNews
|
7小时59分钟前
Asian Markets Mostly Lower
Asian stock markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight, amid uncertainty about the outlook for interest rates following mixed U.S. jobs data. The minutes of the US Fed's latest monetary policy meeting also did not provide much insight into interest rates other than to suggest officials plan to take a "careful approach" to future decisions.
RTTNews
|
9小时12分钟前
Australian Market Slightly Trims Early Losses In Mid-market
The Australian market slightly trimmed the early losses and is trading notably lower in mid-market moves on Thursday. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with weakness across most sectors led by technology and financial stocks. Gold miners remain the only bright spot.
RTTNews
|
9小时52分钟前
Sensex, Nifty Likely To Open On Cautious Note
Indian shares are seen opening on a cautious note Thursday as investors await cues from the upcoming Q3 earnings season and prepare for the highly anticipated U.S. jobs report due on Friday that could shed more light on the Federal Reserve's policy outlook.
RTTNews
|
10小时4分钟前
Thai Shares May Tick Higher On Thursday
The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had slumped more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,390-point plateau and they're expected to open slightly to the upside on Thursday.
RTTNews
|
10小时35分钟前
