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DAX Rises As Bank Worries Ease
(RTTNews) - German stocks opened higher on Tuesday as worries about the banking sector eased following a buyout deal for the deposits and loans of the failed Silicon Valley Bank.
The benchmark DAX was up 57 points, or 0.4 percent, at 15,184 after climbing 1.1 percent on Monday.
Lender Commerzbank rallied 1.4 percent while Deutsche Bank shares fell 0.9 percent after recent volatility.
Drug discovery firm Evotec rose 0.6 percent after reporting a 22 percent rise in FY preliminary revenues.
Commercial kitchen supplier Rational AG tumbled 3.5 percent despite posting a significant rise in fiscal year 2022 revenue.
Construction equipment manufacturer Wacker Neuson rose about 1 percent after saying it expects demand to remain high in 2023.
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NZ Dollar Falls Amid RBNZ Rate Cut Speculation
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as traders speculate that the Reserve Bank of New Zealand or RBNZ is likely to cut its interest rate at its upcoming meeting next week.
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2g 55 minut temu
Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday.
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3g 29 minut temu
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
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3g 42 minut temu
Australia Leading Index Signals Above-Trend Growth Momentum Next Year
Australia's leading index signaled that the growth will move at a slightly above-trend pace in early 2026, Westpac said on Wednesday. The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, rose to 0.35 percent in October from 0.10 percent in September.
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3g 47 minut temu
European Shares Seen Opening On Cautious Note
European stocks look set to open on a cautious note Wednesday, with upcoming Nvidia earnings and U.S. economic data likely to be in focus.
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4g 1 minut temu
European Economic News Preview: UK Inflation Data Due
Consumer prices from the UK and the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer prices for October. Economists forecast inflation to ease to 3.5 percent from 3.8 percent in September.
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4g 11 minut temu
Indian Shares Hold Steady Before Nvidia Earnings
Indian shares were little changed on Wednesday as investors braced for earnings from Nvidia and the release of all-important delayed U.S. jobs report.
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5g 1 minut temu
Australian Market Trims Early Slight Gains In Mid-market
The Australian stock market is trimming its early slight gains in mid-market moves in choppy trading on Wednesday, reversing some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,450 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miner stocks partially offset by weakness in financial stocks.
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6g 5 minut temu
