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DAX Holds Steady Ahead Of Fed Decision
(RTTNews) - German stocks were steady on Wednesday as investors reacted to mixed manufacturing data from China and awaited the Federal Reserve's interest-rate decision later in the day for direction.
The benchmark DAX was up 0.1 percent at 15,144 after ending marginally higher the previous day.
Hannover Re shares slumped 4.3 percent. In order to take account of the growth in the property and casualty reinsurance portfolio and the increased loss expectation from natural catastrophes, the reinsurer has increased its net major-loss budget for 2023 to 1.725 billion euros.
Software AG plunged 13 percent. The company reported that, on an organic basis, EBIT was 43.1 million euros in the fourth quarter compared to 32.2 million euros, prior year.
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Australian Dollar Rises After PM Albanese's Win Election
The Australian dollar strengthened against other major currencies in the late Asian session on Monday, after Australia's Prime Minister Anthony Albanese won a second three-year term in the 2025 Federal Election.
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Bay Street Seen Opening On Negative Note
Lower Canadian and U.S. futures amid concerns about fresh tariffs may send stock prices down the chart Monday morning. Also, uncertainty surrounding U.S.-China trade talks, and weak crude oil prices may also weigh on sentiment
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hace 1h 24min
Sensex, Nifty End Modestly Higher On Trade Deal Hopes
Indian shares eked out modest gains on Monday, with underlying sentiment supported by easing global trade tensions and continued foreign inflows.
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CAC Down 0.6% In Cautious Trade
French stocks are moving in a tight range on Monday, with the mood turning a bit cautious after recent gains amid easing concerns about trade tensions.
Investors also appear to be taking some profits, while waiting for fresh developments on the trade front, and awaiting policy announcements from the Federal Reserve and the Bank of England.
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hace 3h 42min
DAX Extending Recent Gains
German stocks are up in positive territory on Monday, gaining for a ninth straight session, as investors continue to react to corporate earnings, and monitor developments on the trade front. Markets also await the monetary policy announcements from the Federal Reserve and the Bank of England, due later in the week.
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hace 4h 6min
Tomatoes Supplied By H&C Farms In 14 States Recalled For Salmonella Concern
The U.S. Food and Drug Administration has announced the recalls of Vine Ripe Tomatoes in 14 states, supplied by Hanshaw & Capling or H&C Farms, and repacked and sold by various companies, citing the potential to be contaminated with Salmonella, a bacteria that causes the foodborne illness salmonellosis. Immokalee, Florida -based H&C Farms initiated the recall due to the possible presence...
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hace 4h 17min
European Shares Mostly Higher As Investors Look Ahead To Fed, BoE Meetings
European shares traded mostly higher on Monday as investors awaited new updates on the tariff front and looked ahead to interest rate decisions from the Federal Reserve and the Bank of England, due later this week.
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hace 4h 54min
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the late Asian session on Monday.
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hace 5h 42min
