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DAX Gains Ahead Of US Inflation Data
(RTTNews) - German stocks rose notably on Wednesday amid expectations that U.S. inflation data due out later it the day will show moderation in price pressures.
Analysts expect a slowdown in U.S. consumer price growth to an annual rate of 3.1 percent from 4 percent in May. The core rate is expected to have fallen for a third month to 5 percent from 5.3 percent.
The benchmark DAX was up 98 points, or 0.6 percent, at 15,887 after climbing 0.8 percent in the previous session.
Technology stocks traded higher, with Infineon climbing 3.2 percent after Jefferies raised its price target on the stock.
Banks were moving lower, with Deutsche Bank falling nearly 2 percent.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautiously optimistic on the outlook for markets after the U.S.-China temporary trade truce. They now stay focused on the outcome of US trade negotiations with India and Japan. Some traders also locked in profits following the recent upside in the markets.
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hace 38 minutos
Sensex, Nifty Set To Follow Global Peers Higher
Indian shares look set to open higher on Tuesday, tracking firm cues from global markets as China cut its benchmark lending rates for the first time in 7 months to boost its struggling economy amid rising trade tensions.
RTTNews
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hace 1h 9min
Flat Lead Called For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last nine 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 above the 1,185-point plateau and it figures to see little movement on Tuesday.
RTTNews
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hace 1h 46min
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Tuesday, snapping a four-session losing streak, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving up to near the 37,800 level, with gains across all sectors led by index heavyweights and technology stocks.
RTTNews
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hace 2h 8min
Indonesia Bourse Due For Profit Taking
The Indonesia stock market has finished higher in five straight sessions, improving more than 310 points or 4.5 percent in that span. The Jakarta Composite Index now rests just above the 7,140-point plateau although investors may lock in gains on Tuesday.
RTTNews
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hace 2h 16min
Hong Kong Shares Due For Support On Tuesday
The Hong Kong stock market has moved lower in three straight sessions, dropping more than 300 points or 1.3 percent along the way. The Hang Seng Index now sits just above the 23,330-point plateau although it may halt its slide on Tuesday.
RTTNews
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hace 2h 31min
Australian Market Significantly Higher
The Australian stock market is trading significantly higher on Tuesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains across most sectors led by technology, mining and financial stocks.
RTTNews
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hace 2h 46min
Little Movement Seen For China Stock Market
The China stock market on Monday ended the two-day slide in which it had slipped more than 35 points or 1 percent. The Shanghai Composite Index now rests just above the 3,365-point plateau and it's likely to remain in that neighborhood again on Tuesday.
RTTNews
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hace 2h 46min
