DAX Rallies As Global Market Sentiment Improves

RTTNews | 961 days ago
Stocktwits
DAX Rallies As Global Market Sentiment Improves

(RTTNews) - The German stock market benchmark DAX gained more than 1 percent amidst a positive market sentiment worldwide, triggered by rising expectations of a fall in the U.S. CPI readings, due Tuesday.

The forty-scrip DAX index is currently trading at 13,306.11, up 1.66 percent on an overnight basis. The day's trading has been within the range of 13,153.35 and 13,321.31.

Brenntag is the biggest gainer with a 5.4 percent rally. Zalando and Daimler Truck Holding have both gained more than 4 percent.

Hello Fresh and Qiagen have both declined more than 1 percent. Deutsche Telekom is down around 0.88 percent.

Allianz is the is the most active scrip with a turnover of 0.5 million euros. The stock has gained close to 3 percent on Monday.

The EUR/USD pair is at 1.0137, gaining almost 1 percent overnight amidst the US Dollar Index weakening 0.71 percent to 108.23.

The ten-year bond yield has decreased 1.35 percent to 1.68 percent versus 1.7030 percent on Friday.

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Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is trading slightly lower on Thursday, snapping a five-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,100 level, with slight weakness across most sectors led by mining and energy stocks. Some gold stocks were gaining.
RTTNews | 11 minutes ago
Little Movement Seen For Japan Stock Market

Little Movement Seen For Japan Stock Market

The Japanese stock market has finished higher in five straight sessions, rallying almost 1,850 points or 5 percent along the way. The Nikkei 225 now sits just beneath the 36,050-point plateau and it's likely to hold steady in that neighborhood again on Thursday.
RTTNews | 2h 3min ago
Japan Rate Decision On Tap For Thursday

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The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to leave its benchmark lending rate unchanged at 0.50 percent.
RTTNews | 3h 3min ago
Swiss Market Ends On Positive Note

Swiss Market Ends On Positive Note

The Switzerland market, which held firm till well past noon on Wednesday after a steady start, suffered a setback in the final hour, but managed to recover in the closing minutes to sign off on a positive note. Easing worries about tariffs and some strong results helped underpin sentiment.
RTTNews | 7h 24min ago
TSX Down Nearly 1% Despite Coming Off Early Lows

TSX Down Nearly 1% Despite Coming Off Early Lows

Despite staging a fairly strong recovery after an early setback, the Canadian market remains firmly down in negative territory a little past noon on Wednesday, with stocks from energy, technology and healthcare sectors reeling under selling pressure. Disappointing Canadian and U.S. GDP data, and Trump administration's policy uncertainty are weighing on sentiment.
RTTNews | 8h 37min ago
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