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DAX Inches Higher Ahead Of Key Inflation Data
(RTTNews) - German stocks were moving higher on Wednesday, as investors awaited crucial Eurozone inflation data later in the day as well as Fed Chair Jerome Powell's speech that could give further insight into future interest rate hikes.
Ahead of the ECB's interest-rate decision next month, ECB President Christine Lagarde said earlier this week that inflation in Europe hasn't reached its peak yet and it risks turning out even higher than currently expected.
The benchmark DAX edged up 68 points, or half a percent, to 14,423 after losing 0.2 percent the previous day.
BioNTech rose about 1 percent after it entered into a global collaboration with Poland's Ryvu Therapeutics to jointly develop and commercialize immuno-modulatory small molecule candidates.
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Australian Market Slightly Trims Early Losses In Mid-market
The Australian market is slightly trimming its early losses in mid-market moves on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,350 level, with weakness across most sectors led by and technology and energy stocks. Gold miners are the only bright spot.
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1h 0min atrás
Asian Markets Tracks Wall Street Lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets. Asian markets closed mostly higher on Wednesday.
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1h 21min atrás
Sensex, Nifty Set To Open Lower After US Selloff
Indian shares may open lower on Thursday as investors react to escalating geopolitical tensions, rising U.S. Treasury yields and a lack of progress on U.S. trade talks with partners.
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1h 48min atrás
Soft Start Anticipated For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,180-point plateau and it may tick lower again on Thursday.
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2h 20min atrás
Japanese Market Notably Lower
The Japanese market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,100 level, with weakness across most sectors led by index heavyweights and technology stocks.
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2h 50min atrás
Indonesia Bourse May Hand Back Wednesday's Gains
The Indonesia stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had rallied more than 310 points or 4.5 percent. The Jakarta Composite Index now rests just above the 7,140-point plateau, although it may head south again on Thursday.
The global forecast for the Asian markets is negative on concerns over rising bond yields. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets also figure to open under pressure.
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2h 50min atrás
Lower Open Called For Hong Kong Stock Market
The Hong Kong stock market has finished higher in consecutive trading days, accelerating almost 500 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 23,825-point plateau, although it's likely to run out of steam on Thursday.
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3h 5min atrás
Australian Market Notably Lower
The Australian market is trading notably lower on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with weakness across most sectors led by and technology stocks. Gold miners are the only bright spot.
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3h 8min atrás
