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DAX Slightly Higher As Inflation Eases
(RTTNews) - German stocks were seeing marginal gains on Friday after official data showed inflation in the country fell to 3.1 percent in January year-over-year from 3.8 percent in December - confirming preliminary data.
Markets eagerly await annual revisions to the seasonal adjustment factors for U.S. consumer price data, due later in the day.
The benchmark DAX edged up 0.1 percent to 16,984 after rising 0.3 percent in the previous session.
Medical technology company Carl Zeiss Meditec soared 12 percent despite posting a decline in Q1 EBIT earnings.
Consumer electronic firm Ceconomy lost more than 3 percent after sales for the first quarter dropped slightly to 7.0 billion euros.
Banks Commerzbank and Deutsche Bank were modestly higher.
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Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Thursday morning, reacting to data showing a bigger than expected increase in U.S. producer price index, and mixed batch of earnings data from Canada. Oil prices are up, while metals are exhibiting weakness.
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28 minutos atrás
S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings
S&P Global Ratings upgraded India's sovereign ratings on Thursday citing a buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment, while the higher tariffs from the U.S. administration is estimated to have only limited impact on the economy. India's sovereign credit ratings were raised to 'BBB' from 'BBB-', with a 'stable' outlook.
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31 minutos atrás
U.S. Producer Prices Jump Much More Than Expected In July
Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday.
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42 minutos atrás
U.S. Weekly Jobless Claims Unexpectedly Edge Modestly Lower
The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th.
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48 minutos atrás
Pound Rises On Upbeat U.K. GDP Data
The British pound strengthened against most major currencies in the European session on Thursday, as the U.K. economy rebounded at a faster-than-expected pace in June.
RTTNews
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2 h 1 min atrás
Deere Stock Drops On Revised FY25 Outlook, Even As Q3 Beats Street
Deere & Co. shares were losing around 8 percent in the pre-market activity on the NYSE, after the firm on Thursday trimmed the higher end of its fiscal 2025 profit outlook range after reporting weak results in its third quarter. The farm and construction equipment manufacturer noted that its customers remain cautious amid ongoing uncertainty. Meanwhile, quarterly earnings per share and top line be
RTTNews
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2 h 17 min atrás
FTSE Down Marginally As Stocks Turn In Mixed Performance
After posting gains in the previous three sessions, the U.K. market is exhibiting some weakness on Thursday, weighed down by losses in select mining, financials and energy stocks. Investors digesting the latest batch of earnings news and economic data.
RTTNews
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2 h 27 min atrás
Pound Rises Against Most Majors
The British pound strengthened against most major currencies in the European session on Thursday.
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2 h 32 min atrás
