DAX Edges Higher Ahead Of Sentiment Data

RTTNews | 1486 days ago
Stocktwits
DAX Edges Higher Ahead Of Sentiment Data

(RTTNews) - German stocks advanced on Tuesday as disappointing data from the United States led to speculation of the Federal Reserve slowing down on rate hikes.

New York state manufacturing activity plummeted in August and a gauge of homebuilder sentiment declined for an eighth-straight month, helping ease worries about aggressive policy tightening by the Fed.

Closer home, ZEW survey results for the euro area and Germany will be released later in the day.

German 10-year bond yields edged higher but held below two-week highs of 1.025 percent touched last Friday.

The benchmark DAX climbed 92 points, or 0.7 percent, to 13,908 after gaining 0.2 percent the previous day.

Delivery Hero shares soared nearly 10 percent. The food-delivery firm confirmed its full-year targets, which it updated in July.

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Malaysia Stock Market May Give Up Support At 1,700 Points

Malaysia Stock Market May Give Up Support At 1,700 Points

The Malaysia stock market has finished lower in three sessions, slipping almost 10 points in that span. The Kuala Lumpur Composite Index now sits just above the 1,700-point plateau and it may take further damage again on Friday.
RTTNews | 26 minutes ago
Japan Stock Market May Head South Again On Friday

Japan Stock Market May Head South Again On Friday

The Japan stock market on Thursday snapped the two-day slide in which it had stumbled more than 1,250 points or 1.9 percent. The Nikkei 225 now sits just above the 65,270-point plateau although it may hand back those gains on Friday.
RTTNews | 41 minutes ago
South Korea Shares May Extend Thursday's Losses

South Korea Shares May Extend Thursday's Losses

The South Korea stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had rallied more than 430 points or 6.1 percent. The KOSPI now sits just above the 7,030-point plateau although it may head south again on Friday.
RTTNews | 56 minutes ago
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