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DAX Slips Amid Energy Supply Crunch
(RTTNews) - German stocks fell sharply on Monday as a supply squeeze fueled Europe's worst energy crunch in decades.
As Russia turns off Nord Stream 1, the biggest single pipeline carrying Russian gas to Germany for annual maintenance, Germany has warned that Moscow could halt gas flows permanently.
Flows are expected to stop for 10 days, but it is feared that the shutdown might be extended due to war in Ukraine.
Worries about fresh COVID-19 curbs in China also stoked worries about global growth. As cases of COVID-19 continue to rise in nine provinces in China, experts blame food packaging as a risk factor.
The benchmark DAX dropped 112 points, or 0.9 percent, to 12,903 after climbing 1.3 percent on Friday.
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European Shares Seen Higher At Open
European shares are seen opening higher on Friday after U.S. reciprocal tariffs took effect at midnight on Thursday.
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2j 33min yang lalu
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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2j 45min yang lalu
Sensex, Nifty Edge Lower On Tariff Concerns
Indian shares were moving lower on Friday as U.S. President Donald Trump ruled out trade talks with India and Prime Minister Modi said he will never compromise on farmers' interests.
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3j 43min yang lalu
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market moves on Friday, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,850 level, with weakness in financial and technology stocks partially offset by gains in mining stocks.
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4j 55min yang lalu
Asian Markets Mixed Amid Tariff Caution
Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as uncertainty continues over US reciprocal tariffs despite the tariff's kicking in on Thursday. Market uncertainty is created by the pressure tactics exerted by the US by constantly altering tariffs. Asian markets ended mostly higher on Thursday.
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4j 58min yang lalu
Sensex, Nifty Set To Open Lower On Trade Concerns
Indian shares look set to open on a sluggish note Friday as U.S. President has ruled out any possibility of trade negotiations with India and Prime Minister Narendra Modi said India would not compromise on the interests of its farmers, fishermen or livestock rearers, even if it meant paying "a heavy personal price."
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5j 40min yang lalu
Thai Stock Market May Spin Its Wheels On Friday
The Thai stock market has moved higher in four straight sessions, gathering almost 50 points or 4.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,265-point plateau although it may be stuck in neutral on Friday.
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6j 13min yang lalu
Continued Consolidation Called For Indonesia Stock Market
The Indonesia stock market has finished lower in back-to-back sessions, slipping more than 25 points or 0.3 percent in that span. The Jakarta Composite Index now sits just above the 7,490-point plateau and it may take further damage on Friday.
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6j 43min yang lalu
