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Asian Shares Slide As Trump's Reciprocal Tariff Deadline Looms
Asian stocks ended mostly lower on Friday as investors held to the sidelines, awaiting cues from the release of the Fed's preferred inflation gauge later in the day and the U.S. reciprocal tariffs set to take effect on April 2.
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vor 65 Tagen
German GfK Consumer Sentiment To Rise Marginally
German consumer sentiment is set to rise only marginally heading into April despite a revival in expectations regarding the economy after the new elections, a closely watched survey revealed Friday. The forward-looking consumer climate index rose to -24.5 in April from -24.6 in March, survey jointly published by the market research group GfK and the Nuremberg Institute for Market Decisions showed.
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vor 65 Tagen
Antipodean Currencies Fall Amid Risk-Off Mood
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as Asian stock markets traded lower amid concerns over upcoming reciprocal tariffs and the 25% tariffs on auto and auto components imports into the U.S. to go in to effect next week. The uncertainty about U.S. President Donald Trump's trade policies continue to weigh on market sentiment.
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vor 65 Tagen
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
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vor 65 Tagen
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
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vor 65 Tagen
European Economic News Preview: German Unemployment Data Due
Unemployment from Germany and business confidence from the euro area are the top economic news due on Friday, headlining a hectic day for the European economic news. At 3.00 am ET, the Office for National Statistics releases UK revised GDP, retail sales and foreign trade figures. The initial estimate showed that the economy grew 0.1 percent in the fourth quarter.
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vor 65 Tagen
European Shares Poised For Weak Open Ahead Of US Inflation Data
European stocks are seen opening broadly lower on Friday as traders brace for February's personal consumption expenditures price index due later in the day.
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vor 65 Tagen
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Sensex, Nifty Drift Lower As Investors Await US Inflation Report
Indian shares were subdued on Friday amid concerns over U.S. President Trump's tariff policies and ahead of the release of PCE price index report, the Fed's preferred inflation gauge, later in the day.
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vor 65 Tagen
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Friday, following the negative from Wall Street overnight, amid concerns over upcoming reciprocal tariffs and the 25% tariffs on auto and auto components imports in to the U.S. to go in to effect next week. The uncertainty about US President Donald Trump's trade policies continues to weigh on market sentiment. Asian markets ended mixed on Thursday.
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vor 65 Tagen
Australian Market Reverses Early Losses To Modest Gains In Mid-market
The Australian stock market is reversing the early losses to modest gains in mid-market moves on Friday, recouping some of the losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the psychological 8,000 mark, with gains in energy and mining stocks partially offset by weakness in technology stocks.
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vor 65 Tagen
Sensex, Nifty Set For Muted Start
Indian shares are set for a muted start on Friday, the last trading day of the year.
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vor 65 Tagen
Lower Open Anticipated For Thai Stock Market
The Thai stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had collected almost 10 points or 0.8 percent. The Stock Exchange of Thailand now sits just beneath the 1,190-point plateau and it may tick lower again on Friday.
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vor 65 Tagen
Japanese Market Sharply Lower; Down 2%
Extending the losses in the previous session, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling more than 2 percent to near the 37,000 mark, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
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vor 65 Tagen
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