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DAX Edges Higher Ahead Of Eurozone Inflation Reading
(RTTNews) - German stocks traded higher on Friday after the release of favorable U.S. inflation data and ahead of euro zone inflation numbers due later in the day.
The eurozone CPI inflation is seen falling to 2.5 percent year-on-year from 2.8 percent in the previous month.
The benchmark DAX was up 0.6 percent at 17,778, heading into the European Central Bank meeting next week.
Sixt SE advanced 1.5 percent. The car rental leader outlined optimistic revenue and earnings forecast for the full year after a challenging first quarter.
Daimler Truck soared 12.4 percent. The truck maker lifted dividend and announced a share buyback program after 2023 profit topped forecasts.
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CAC Up Slightly; Pernod Ricard Rises On Earnings
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Před 19 minutami
DAX Retreats After Firm Start, Down Marginally
After opening on a strong note thanks to easing AI slowdown fears after Nvidia's impressive results, the German market retreated and slipped into negative territory on Thursday. Despite paring some early gains, auto stocks remain fairly well up in positive territory.
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Thursday.
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Sensex, Nifty Retreat On US Tariff Worries
Indian shares fell sharply on Thursday as traders waited to see how New Delhi responds to pressure from Washington to stop buying Russian oil after the 50 percent tariffs levied by the U.S. on Indian goods came into effect on Wednesday.
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Bank Of Korea Stands Pat On Rates, Lifts 2025 Growth Outlook
The Bank of Korea left its interest rate unchanged on Thursday as economic growth improved moderately despite high uncertainty surrounding the outlook. The Monetary Policy Board decided to hold the Base Rate at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February.
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European Shares Mostly Higher As Nvidia Outlook Lifts Sentiment
European stocks were mostly higher on Thursday as Nvidia's positive results helped ease AI slowdown fears. U.K. markets underperformed as banks and utilities declined.
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Před 2 h 21 min
Asian Shares Rise As Nvidia Beats Expectations
Asian stocks ended mostly higher on Thursday as Nvidia's strong results quelled worries over weakening AI demand.
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Před 2 h 46 min
U.S. Dollar Falls Amid Fed Rate Cut Speculation
The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
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Před 2 h 50 min
