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DAX Extends Losses On Growth Worries
(RTTNews) - German stocks fell on Friday to extend losses from the previous session as investors fretted over slowing growth and hawkish central banks.
A survey showed earlier today that the downturn in German business activity deepened in September as a result of higher energy costs.
S&P Global's flash composite Purchasing Managers' Index (PMI), which tracks both the manufacturing and services sectors, dropped to 45.9 in September from a final reading of 46.9 in August.
The benchmark DAX was down 75 points, or 0.6 percent, at 12,456 after losing 1.8 percent the previous day.
Banks led losses, with Commerzbank and Deutsche Bank falling 1-2 percent after reports that Swiss bank Credit Suisse is sounding out investors for fresh cash.
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South Korea Industrial Output Sinks 2.9% In May
Industrial production in South Korea was down a seasonally adjusted 2.9 percent on month in May, Statistics Korea said on Monday.
RTTNews
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27分鐘前
Win Streak May Continue For Malaysia Stock Market
Ahead of Friday's holiday for the Islamic New Year, the Malaysia stock market had tracked higher in back-to-back sessions, gathering almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,530-point plateau and it may dd to its winnings again on Monday.
RTTNews
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35分鐘前
Additional Support Predicted For Japan Stock Market
The Japan stock market has moved higher in three four sessions, collecting more than 1,800 points or 4.7 percent along the way. The Nikkei 225 now sits just above the 40,150-point plateau and it may extend its gains again on Monday.
RTTNews
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44分鐘前
KOSPI May Stop The Bleeding On Monday
The South Korea stock market has moved lower in back-to-back sessions, sinking more than 50 points or 1.6 percent along the way. The KOSPI now sits just above the 3,055-point plateau although it's likely to halt its slide on Monday.
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1小時12分鐘前
Japan Industrial Output Data Due On Monday
Japan will on Monday release preliminary May numbers for industrial production, highlighting a busy day for Asia-Pacific economic activity. Production is expected to add 2.6 percent on month, easing from 4.9 percent in April.
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1小時35分鐘前
U.S. Dollar Advances After Hot PCE Data
The U.S. dollar strengthened against its major counterparts in the New York session on Friday, after a data showed that the Federal Reserve's preferred gauge of inflation accelerated in May.
RTTNews
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2天前
Swiss Market Ends On Buoyant Note
The Switzerland market closed on a firm note on Friday, in line with markets across Europe, as trade tensions eased following the U.S. and China reaching an agreement.
RTTNews
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2天前
European Stocks Close Higher As Trade Tensions Ease
European stocks closed higher on Friday as trade tensions eased after United States struck a deal with China to expedite rate earth shipments.
The deal marks a significant step towards resolving the ongoing trade war between the world's two largest economies.
RTTNews
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2天前
