DAX Rises On Hopes Of ECB Rate Pause
(RTTNews) - German stocks advanced on Thursday as retreating U.S. Treasury yields weakened the dollar and boosted appetite for riskier assets.
Stellar earnings from chip maker Nvidia and increasing prospects of the European Central Bank keeping rates unchanged in September also underpinned sentiment.
The benchmark DAX was up 104 points, or 0.7 percent, at 15,833 after edging up 0.2 percent in the previous session.
Fielmann added 1.5 percent. The eyewear and hearing aid company backed its FY23 outlook after posting a higher net profit for the second quarter.
CTS Eventim, which specializes in event organization, rose nearly 2 percent after reporting a rise in first-half normalized EBITDA and revenue.
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Nikkei Expected To Return From Break To The Downside
Ahead of the long holiday weekend for Respect For The Aged Day and the Autumn Equinox, the Japan stock market had climbed higher in three straight sessions, rallying more than 1,500 points or 2.3 percent in that span. The Nikkei 225 now sits just above the 65,000-point plateau, although it's likely to run out of steam on Thursday.
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36 menit yang lalu
Australia Unemployment Data Due On Thursday
Australia will on Thursday release jobless data for August, highlighting a light day for Asia-Pacific economic activity.
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Major Averages Shed Ground As Geopolitical Uncertainty, Rate Concerns Weigh
U.S. stocks drifted lower on Wednesday as higher bond yields and oil's rebound amid uncertainty about Strait of Hormuz reopening rendered the mood weak. Prospects of another interest rate hike by the Federal Reserve weighed as well on sentiment.
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5 jam 25 menit yang lalu
Swiss Market Ends Weak
The Switzerland market ended on a weak note on Wednesday despite spending much of the day's session above the flat line.
The mood turned cautious around late morning, and the market remained sluggish thereafter as oil prices rebounded after five successive days of losses.
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6 jam 2 menit yang lalu
European Stocks Close Weak As Oil Rebounds Amid Hormuz Reopening Uncertainty
European stocks closed weak on Wednesday as oil prices swung back into positive territory after five successive days of losses. Uncertainty about reopening of the Strait of Hormuz appeared to have contributed to the reversal in trend.
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6 jam 24 menit yang lalu
TSX Tumbles 1.23% As Materials Stocks Slide On Metal Price Weakness
Canadian stocks retreated Wednesday as the S&P/TSX Composite Index fell 1.23%, driven by heavy selling in materials following steep drops in gold and silver prices. Financials, utilities, and consumer stocks also declined amid elevated Treasury yields.
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7 jam 8 menit yang lalu
Bay Street Looks Headed For Weak Start
Lower Canadian and U.S. futures and weak precious metals prices point to a negative start on Bay Street on Wednesday. Oil's recovery could weigh as well.
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10 jam 43 menit yang lalu
Wall Street May Open Slightly Weak
Lower index futures point to a weak open on Wall Street on Wednesday. Flash PMI data for the month of September could make an impact on sentiment.
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10 jam 56 menit yang lalu
