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DAX Dips On Profit Taking After Recent Gains
(RTTNews) - German stocks slipped into the red on Friday as caution set in after recent strong gains on optimism over signs the Federal Reserve might slow down the pace of rate hikes.
Investors also expect smaller rate hikes by the European Central Bank amid lingering worries of a recession in the euro zone.
The benchmark DAX slipped 0.1 percent to 14,469 after rising 0.7 percent in the previous session.
Banks were subdued, with Deutsche Bank falling nearly 1 percent. Tech stocks were rising, with Infineon rising half a percent.
The euro extended gains against the dollar for a third straight session, hitting a six-month high and on track for a second weekly gain in a row.
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Australian Market Maintains Early Gains In Mid-market
The Australian stock market is maintaining its early gains in mid-market moves on Wednesday, adding to the gains in the previous session, with the benchmark S&P/ASX 200 moving well above the 8,950 level, following the mixed cues from Wall Street overnight, with gains in mining and financial stocks partially offset by weakness in energy stocks.
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1h 7min atrás
Asian Markets Trade Mostly Higher
Asian stock markets are mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remain optimistic about further interest rate cuts after US Fed Chair Jerome Powell signaled two more quarter-point interest-rate cuts this year, citing a sharp slowdown in hiring. Meanwhile, concerns about ongoing trade tensions between the U.S. and China are weighing on the markets
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1h 35min atrás
Sensex, Nifty Set To Follow Asian Peers Higher
Indian shares look set to open on a positive note Wednesday, defying Wall Street's declines and U.S. President Donald Trump's fresh warning that countries aligning with BRICS could face new U.S. tariffs.
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1h 58min atrás
Thai Stock Market May Find Support On Wednesday
The Thai stock market has moved lower in consecutive trading days, retreating almost 50 points or 3.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,265-point plateau and it's expected to see a steady start on Wednesday.
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2h 34min atrás
Steady Start Eyed For Indonesia Stock Market
The Indonesia stock market has finished lower in back-to-back sessions, stumbling more than 190 points or 2.4 percent along the way. The Jakarta Composite Index now rests just beneath the 8,070-point plateau although investors may go bargain hunting on Wednesday.
RTTNews
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3h 4min atrás
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Wednesday, reversing the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 47,200 level, with gains across most sectors led by index heavyweights and technology stocks.
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3h 12min atrás
Hong Kong Shares May Stop The Bleeding On Wednesday
The Hong Kong stock market has finished lower in seven straight trading days, plunging more than 1,850 points or 7 percent along the way. The Hang Seng Index now rests just above the 25,440-point plateau and it is overdue for support on Wednesday.
RTTNews
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3h 19min atrás
China Shares May Open Under Water Again On Wednesday
The China stock market has finished lower in three consecutive trading days, shedding almost 70 points or 1.8 percent along the way. The Shanghai Composite Index now sits above the 3,865-point plateau and it may take further damage again on Wednesday.
RTTNews
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3h 34min atrás
