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DAX Edges Higher As Industrial Output Recovers
(RTTNews) - German stocks were seeing modest gains on Monday after data showed German industrial production recovered at a faster than expected pace in November.
Industrial output grew 0.2 percent from October, when output was down by revised 0.4 percent, Destatis said. Production was expected to gain 0.1 percent.
The benchmark DAX was up 31 points, or 0.2 percent, at 14,640 after rallying 1.2 percent on Friday.
Rate-sensitive tech stocks traded higher, with Infineon rising half a percent.
Nordex AG, a wind turbine maker, jumped nearly 2 percent after saying it had received an order from a utility in the end of 2022 to supply and install ten N149/4.X turbines for a wind farm in North-Rhine Westphalia, Germany.
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Japanese Market Slightly Higher
The Japanese market is trading slightly higher on Thursday, extending the gains in the previous five sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 36,100 level, with a mixed performance across most sectors as traders remain cautious ahead of the Bank of Japan's latest monetary policy decision.
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1s 3 dakika önce
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.
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1s 42 dakika önce
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.
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3s 34 dakika önce
Japan Rate Decision On Tap For Thursday
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.
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4s 34 dakika önce
Canadian Dollar Extends Gain Against Majors
The Canadian dollar extended gains against its major counterparts in the New York session on Wednesday.
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6s 21 dakika önce
Pound Falls Against Most Majors
The pound weakened against its most major counterparts in the New York session on Wednesday.
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7s 50 dakika önce
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.
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8s 55 dakika önce
Major European Markets Close Higher As Investors React To Earnings, Economic Data
The major European markets closed higher on Wednesday amid easing trade tensions, and on largely encouraging quarterly results from several big name companies.
Investors also digested a slew of regional economic data, and U.S. GDP report.
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9s 24 dakika önce
