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DAX Rallies Led By Banks
(RTTNews) - German stocks rallied on Tuesday, the U.S. dollar weakened, and Eurozone yields fell as focus shifted to a two-day policy meeting of the Federal Reserve that gets underway later today.
It is widely believed that Fed might signal a slowdown of its tightening path after delivering a 75-bps rate hike on Wednesday.
Doubts remain, however, about whether the Fed will soften hits hawkish stance amid many risks surrounding the inflation outlook.
The benchmark DAX jumped 135 points, or 1 percent, to 13,389 after finishing marginally higher the previous day.
Economy-sensitive stocks were moving higher, with lenders Commerzbank and Deutsche Bank rising around 2 percent each.
Automakers BMW, Mercedes Benz and Volkswagen were up around 1 percent each.
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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, after US President Donald Trump said he and Chinese President Xi Jinping "are going to work closely together to open up China to American Trade." However, signs of escalating geopolitical tensions in the Middle East are weighing on market sentiment.
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45 मिनटों पहले
Sensex, Nifty Seen Lower As Investors Monitor Trade, Geopolitical Developments
Indian shares look set to open lower on Thursday as oil prices climbed on signs of rising tensions in the Middle East and U.S. President Donald Trump said he would notify trading partners within the next one to two weeks about the new unilateral tariff rates, with the choice to accept or reject them.
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1घंटे 22 मिनट पहले
Rally May Stall For Thai Stock Market
The Thai stock market has moved higher in back-to-back sessions, collecting more than 6 points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,140-point plateau although it may be stuck in neutral on Thursday.
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1घंटे 56 मिनट पहले
Japanese Market Notably Lower
The Japanese market is trading notably lower on Thursday, snapping a four-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 38,200 level, with weakness across most sectors led by automakers, exporters and technology stocks. Financial stocks are the only bright spot.
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2घंटे 17 मिनट पहले
Indonesia Bourse May Extend Wednesday's Losses
The Indonesia stock market on Wednesday ended the three-day winning streak in which it had gained almost 190 points or 2.7 percent. The Jakarta Composite Index now rests just above the 7,220-point plateau and the losses may accelerate on Thursday.
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2घंटे 26 मिनट पहले
Australian Market Slightly Higher
The Australian market is trading slightly higher on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 8,600 level, with gains in gold miners and eergy partially offset by weakness in iron ore miners.
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2घंटे 38 मिनट पहले
Hong Kong Bourse May Hand Back Wednesday's Gains
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,360-point plateau and it's likely to remain rangebound on Thursday.
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2घंटे 41 मिनट पहले
Lower Open Anticipated For Taiwan Stock Market
The Taiwan stock market has moved higher in three straight sessions, accelerating more than 810 points or 3.6 percent along the way. The Taiwan Stock Exchange now sits just above the 22,470-point plateau although it's expected to open under water on Thursday.
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3घंटे 26 मिनट पहले
