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DAX Dips Ahead Of Key Inflation Data
(RTTNews) - German stocks fell on Thursday amid worries about continued monetary policy tightening by the U.S. Federal Reserve and the European Central Bank.
The benchmark DAX was down 129 points, or 0.8 percent, at 15,176 after losing 0.4 percent lower the previous day.
Travel and tech stocks dipped as Eurozone government bond yields hit multi-year highs ahead of the release of preliminary euro zone data for February due later in the day. Lufthansa fell over 1 percent and Infineon lost 3 percent.
Kion Group AG rose over 1 percent. The manufacturer of materials handling equipment said it expects an increase in revenue and a significant improvement in both adjusted EBIT and return on capital employed in fiscal 2023.
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European Shares Seen Tad Lower At Open
European stocks may open a tad lower on Wednesday as investors await the Federal Reserve's interest-rate decision as well as earnings from the five "Magnificent Seven" companies for direction.
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2 h 27 min atrás
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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2 h 34 min atrás
European Economic News Preview: UK Mortgage Approvals Data Due
Mortgage approvals data from the UK and flash GDP estimates from Spain are due on Wednesday, headlining a light day for the European economic news. At 3.00 am ET, Statistics Sweden releases preliminary GDP data for the third quarter. The economy is forecast to grow 0.8 percent sequentially after rising 0.5 percent a quarter ago.
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2 h 38 min atrás
Sensex, Nifty Modestly Higher In Lackluster Trade
Indian shares opened on a positive note Wednesday due to Fed rate cut expectations and signs of easing U.S.-China trade tensions.
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3 h 45 min atrás
Australian Market Sharply Extends Early Losses In Mid-market
The Australian stock market is sharply expending its early losses in mid-market moves on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 8,950 level, despite the broadly positive cues from Wall Street overnight, as domestic inflation jumped higher-than-expected, with weakness in financial and technology stocks.>
RTTNews
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4 h 35 min atrás
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and are reluctant to make more significant moves ahead of the U.S. Fed's interest rate decision later in the day and are optimistic about a potential trade deal between the U.S. and China. Asian markets closed mostly lower on Tuesday.
RTTNews
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4 h 59 min atrás
Sensex, Nifty Seen Higher On Firm Global Cues
Indian shares look set to open higher on Wednesday, mirroring firm cues from global markets following upbeat news from Nvidia and Microsoft.
RTTNews
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5 h 20 min atrás
Thai Shares May See Renewed Support On Wednesday
The Thai stock market on Tuesday ended the five-day winning streak in which it had picked up more than 50 points or 3.9 percent. The Stock Exchange of Thailand now rests just shy of the 1,315-point plateau although it may tick higher again on Wednesday.
RTTNews
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6 h 4 min atrás
