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DAX Dips Ahead Of US Inflation Data
(RTTNews) - German stocks declined in cautious trade on Tuesday as investors awaited U.S. inflation data that could provide an updated view on the Federal Reserve's policy path.
Meanwhile, data from the federal statistics office showed earlier today that Germany wholesale prices continued their downward trend for a fifth consecutive month in August due to lower prices for mineral oil products.
Wholesale prices fell 2.7 percent compared to the same month last year. The benchmark DAX was down 66 points, or 0.4 percent, at 15,734 after rising 0.4 percent on Monday.
Business software maker SAP declined 2.1 percent after U.S. peer Oracle fell short on license and hardware revenue in the fiscal first quarter.
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Rate Cut Hopes Drag The Dollar Down
The U.S. dollar declined against major currencies during the week ended August 8 amidst weak economic data that renewed hopes of a larger-than expected and higher-than-expected monetary policy easing by the Federal Reserve.
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il y a 2h 5min
Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh
Canadian stocks may open with a slightly positive bias on Monday with investors looking ahead to the crucial U.S. inflation data due this week. The focus is also Trump administration's trade negotiations with China, and on the upcoming talks between the U.S. and Russia, aimed at bringing an end to the war in Ukraine.
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il y a 4h 18min
FTSE 100 Up Marginally As Investors Look For Direction
The U.K. market is up in positive territory a little before noon on Monday with select counters attracting some strong buying interest. Uncertainty on the tariff front is rendering the mood a bit cautious and limiting the market's upside.
RTTNews
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il y a 5h 53min
CAC 40 Drifts Lower In Lackluster Trade
French stocks are down in negative territory on Monday as investors look for direction and make cautious moves while awaiting U.S. - Russia talks set to take place later in the week.
RTTNews
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il y a 6h 13min
Sensex Jumps 746 Points As Focus Shifts To Trump-Putin Talks; Nifty Ends At 24,585
Indian shares rose notably on Monday, with benchmark indexes Sensex and Nifty both rising around 1 percent after six straight weeks of declines.
RTTNews
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il y a 6h 19min
DAX Modestly Lower In Cautious Trade; Defense Stocks Drift Lower
After opening slightly up, the German market retreated Monday morning with investors largely turning cautious, as they continue to assess the impact of U.S. tariffs and the ongoing uncertainty on the geopolitical front.
RTTNews
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il y a 6h 29min
UK Job Placements Decline Sharply On Weaker Confidence & Budget Pressures
UK job placements logged a steep decline in July due to weaker confidence around the economic outlook and rising employment costs, monthly data from S&P Global showed Monday. Permanent staff appointments declined sharply in July and temp billings registered its biggest fall in five months, the KPMG/REC Report on Jobs said.
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il y a 7h 13min
European Shares Mostly Lower As Defense Stocks Fall Ahead Of Trump-Putin Talks
European stocks were mostly lower on Monday as investors looked ahead to a Russia-U.S. summit this week that could help stop the war in Ukraine.
RTTNews
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il y a 7h 49min
