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DAX Dips On Weak Data
(RTTNews) - German stocks were slightly lower on Tuesday after a survey showed consumer confidence in the country weakened for a third consecutive month in November.
The forward-looking GfK index dropped to -28.1 from a revised -26.7 the previous month, as income expectations took a hit.
Meanwhile, the HCOB German manufacturing PMI improved to 40.7 in October from 39.6 in September - still deep in contraction territory. The services PMI fell to 48 from 50.3.
The benchmark DAX was down 47 points, or 0.3 percent, at 14,753 after finishing marginally higher the previous day.
In corporate news, Puma shares jumped nearly 4 percent after the sportswear brand stood by its full-year profit outlook.
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European Markets Likely To Remain Lackluster Amid Thin Volumes
Stock markets in France and U.K. will close early on Wednesday, while those in Germany and Switzerland will remain closed for Christmas Eve.
In the European markets, where trading will take place on Wednesday, the volumes are likely to remain rather thin, and movements somewhat lackluster.
RTTNews
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1ч 15мин назад
Asian Stocks Turning In Mixed Performance Ahead Of Holidays
Asian stocks are turning in a mixed performance on Wednesday, and trading volumes or thin in most of the markets in the region with several markets set to close early today and remain shut tomorrow for Christmas.
RTTNews
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2ч 45мин назад
Indian Shares May Open Higher On Positive Global Cues
Higher GIFT Nifty index futures, positive lead from Wall Street and fairly steady Asian stocks suggest a positive start for Indian shares Wednesday morning.
RTTNews
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3ч 42мин назад
U.S. Dollar Falls Against Swiss Franc
The U.S. dollar fell against the Swiss franc in the New York session on Tuesday.
RTTNews
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4ч 0мин назад
Swiss Stocks Close On Firm Note; SMI Hits New Record High
Switzerland's benchmark SMI hit a new record high on Tuesday with stocks staying firm after recovering from a slightly cautious start.
RTTNews
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12ч 0мин назад
European Stocks Close Broadly Higher
European stocks closed higher on Tuesday with some of the markets hitting fresh highs, amid continued optimism the Federal Reserve will consider more rate cuts next year. The volume of business was thin in most the markets as traders remained on the sidelines ahead of upcoming Christmas holidays.
RTTNews
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12ч 17мин назад
Canadian Stocks Turning In Mixed Performance
Canadian stocks are turning in a mixed performance on Tuesday with investors digesting the nation's GDP data and a slew of economic reports from the U.S. With truncated sessions and holidays ahead, the mood in the market remains a bit subdued and the volume of business is rather thin.
RTTNews
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13ч 0мин назад
U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December
Consumer confidence in the U.S. deteriorated for the fifth consecutive month in December, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index slid to 89.1 in December from an upwardly revised 92.9 in November.
RTTNews
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14ч 57мин назад
