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DAX Extends Losses As Risk Aversion Intensifies
(RTTNews) - German stocks fell notably on Friday, reflecting a risk-averse environment amid concerns over rising bond yields and the escalation of the Israel-Hamas conflict.
U.S. Treasury yields continued to rise in the wake of Fed Chair Jerome Powell's cautious comments on interest rates and President Joe Biden announcement that he would ask Congress for funding to aid Israel.
Israeli defense minister has ordered ground troops to prepare to see Gaza "from the inside", though he didn't indicate when the ground assault would begin.
The benchmark DAX was down 108 points, or 0.7 percent, at 14,936 after declining 0.3 percent in the previous session.
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Japan Services PMI Eases To 53.1 In October - Jibun
The services sector in Japan continued to expand in October, albeit at a slightly slower pace, the latest survey from Jibun Bank revealed on Thursday with a services PMI score of 53.1.
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hace 1h 17min
Taiwan Bourse Due For Support On Thursday
The Taiwan stock market has finished lower in back-to-back sessions, stumbling more than 640 points or 2.3 percent in that span. The Taiwan Stock Exchange now sits just beneath the 27,720-point plateau although it may stop the bleeding on Thursday.
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hace 1h 22min
Singapore Shares May Find Traction On Thursday
The Singapore stock market has moved lower in two straight sessions, slumping more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 4,420-point plateau although it may find support on Thursday.
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hace 1h 52min
Rebound Anticipated For Malaysia Stock Market
The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,620-point plateau although it figures to bounce higher again on Thursday.
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hace 2h 22min
South Korea Current Account Surplus $13.47 Billion In September
South Korea posted a current account surplus of $13.47 billion in September, the Bank of Korea said on Wednesday - up from $9.15 billion.
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hace 2h 35min
Canadian Dollar Drops Against Most Majors
The Canadian dollar fell against its most major counterparts in the New York session on Wednesday.
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hace 2h 35min
Bargain Hunting Likely To Boost Japan Stock Market
The Japan stock market has moved lower in consecutive trading days, plunging nearly 2,200 points or 4.2 percent in that span. The Nikkei 225 now rests just beneath the 50,200-point plateau although it's likely to open in the green on Thursday.
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hace 2h 37min
Steady Start Seen For KOSPI
The South Korea stock market has finished lower in back-to-back sessions, tumbling almost 220 points or 5 percent in that span. The KOSPI sits just above the 4,000-point plateau although it's expected to halt its slide on Thursday.
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hace 2h 52min
