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DAX Tumbles On Inflation, Growth Worries
(RTTNews) - German stocks fell sharply on Friday and bond yields extended their climb, as worries about inflation and interest-rate rises gripped markets.
U.S. social media company Snap Inc's bleak fourth-quarter outlook also reminded the risk of recession.
The benchmark DAX fell 205 points, or 1.6 percent, to 12,562 after rising 0.2 percent on Thursday.
METRO AG shares fell about 1 percent. After reporting a 11.8 percent increase in sales in the fourth quarter of its financial year, the wholesale giant warned that the next year continues to be challenging with high inflation and growing cost pressure.
Adidas plunged nearly 9 percent as the sporting goods maker cut its full-year outlook, citing weakening demand.
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Sensex Jumps 769 Points As US Bond Yields Ease; Nifty Tops 24,850
Indian shares rallied on Friday as U.S. Treasury yields eased from recent highs and oil prices remained depressed on concerns about oversupply stemming from a potential nuclear deal between the U.S. and Iran, and OPEC+ supply hike prospects.
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Před 30 minutami
U.S. Dollar Falls Amid Growing U.S. Debt Concerns
The U.S. dollar weakened against other major currencies in the European session on Friday, amid concerns about the fiscal impact of the U.S. Republican tax cut bill.
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Před 1 h 8 min
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Friday.
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Před 1 h 52 min
European Shares Gain As Investors Cheer Strong Economic Data
European stocks edged higher on Friday after the release of better-than-expected regional data. Retreating bond yields also offered some support.
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Před 1 h 56 min
Asian Shares Mixed In Cautious Trade
Asian stocks ended mixed on Friday despite a retreat in U.S. Treasury yields and comments from a Federal Reserve official that the U.S. central bank might lower interest rates in 2025 if tariff issues are resolved.
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Před 2 h 14 min
UK Retail Sales Growth Tops Expectations On Warm Weather
UK retail sales rebounded more than expected in April as good weather boosted food store sales, official data showed on Friday. A monthly survey today showed that British consumer confidence strengthened in May on hopes of easing trade tensions and the interest rate reduction by the Bank of England. Retail sales grew 1.2 percent on a monthly basis in April, following a revised 0.1 percent rise
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Před 2 h 45 min
European Shares Seen Flat To Higher At Open
European stocks may open flat to slightly higher on Friday as U.S. President Donald Trump's "big, beautiful" tax bill heads to the Senate for debate and review.
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Před 5 h 13 min
European Economic News Preview: UK Retail Sales Data Due
Retail sales from the UK and detailed quarterly national accounts from Germany are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales for April. Economists forecast retail sales to grow 0.3 percent on a monthly basis, after rising 0.4 percent in March.
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Před 5 h 58 min
