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DAX Rises In Cautious Trade
(RTTNews) - German stocks were a tad higher on Tuesday, as rising U.S. stock futures helped outweigh survey results showing that business activity in the eurozone contracted for a second straight month in August.
S&P Global's flash Composite Purchasing Managers' Index (PMI) dropped to 49.2 in August from 49.9 in July, while the PMI for Germany, Europe's biggest economy, fell to 47.6 from July's final reading of 48.1 due to high inflation and rising interest rates.
The benchmark DAX rose 58 points, or 0.4 percent, to 13,288 after plunging 2.3 percent in the previous session.
The euro remained under pressure and breached parity once against the dollar amid a deepening energy crisis in the region.
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Renewed Support Predicted For Singapore Stock Market
The Singapore stock market on Friday finally halted the winning streak that had reached 14 sessions and 250 points or 6.2 percent. The Straits Times Index now rests just above the 4,260-point plateau although it's tipped to open in the green again on Monday.
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30 minutos atrás
Malaysia Shares Tipped To Open In The Green
The Malaysia stock market on Friday ended the two-day winning streak in which it had gathered more than 20 points or 1.3 percent. The Kuala Lumpur Composite Index now sits just above the 1,530-point plateau although it's expected to move back to the upside again on Monday.
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1h 0min atrás
Japan Shares May Bounce Higher Again On Monday
The Japanese stock market on Friday wrote a finish to the two-day winning streak in which it had jumped more than 1,050 points or 2.5 percent. The Nikkei 225 now sits just above the 41,450-point plateau although it's likely to rebound on Monday.
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1h 15min atrás
KOSPI Expected To Breach 3,200 Points
The South Korea stock market has moved higher in three straight sessions, collecting more than 25 points or 0.7 percent along the way. The KOSPI now sits just beneath the 3,200-point plateau and it may tick higher again on Monday.
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1h 30min atrás
China Industrial Profit Data Due On Monday
China will on Monday release June figures for industrial profits, highlighting a light day for Asia-Pacific economic activity. In the previous month, profits were down 8.3 percent on year.
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2h 30min atrás
Canadian Stocks Climb As U.S.-Canada Talks Continue
Canada's stock market scaled a new high on Friday as traders expressed optimism in the continuing high-level U.S.-Canada trade negotiations even as August 1 deadline is closing in.
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2 dias atrás
Gold Slips As U.S. Tariff Concerns Start To Ease
Gold prices fell modestly on Friday as investors see a glimpse of positivity with news of more countries signing deals with the US coming in and other major US trading partners brainstorming with their US counterparts to secure a deal before August 1.
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2 dias atrás
Crude Falls As Chevron Allowed To Start Operations In Venezuela
Crude oil fell on Friday on reports that the U.S. might allow partners of Venezuela's state-run PDVSA to resume operations, sparking concerns of over-supply. Earlier in the day, crude oil traded in the positive territory as the U.S. signed a spate of trade deals with its major trading partners in the past few days.
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2 dias atrás
