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DAX Rises As US Futures Gain
(RTTNews) - German stocks advanced on Tuesday as investors waited for U.S. markets to resume trading after a holiday the previous day.
U.S. stock futures pointed to a sharply higher open later in the day, helping underpin sentiment ahead of Fed Chair Jerome Powell's testimony before Congress over two days. The benchmark DAX jumped 150 points, or 1.1 percent, to 13,415 after climbing 1.1 percent the previous day.
Nordex AG, a wind turbine maker, fell over 2 percent after its first-quarter consolidated net loss stood at 150.5 million euros, wider than prior year's loss of 54.7 million euros.
Mercedes-Benz Group AG gained 2.3 percent after it appointed Paul Gao to the newly created position of Chief Strategy Officer, effective July 1, 2022.
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CAC 40 Modestly Higher
The French stock market is modestly higher Tuesday afternoon with investors mostly reacting to earnings updates and a mixed batch of regional economic data. Expectations of a rate cut by the Federal Reserve sometime soon aid sentiment a bit.
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Pred 29 minútami
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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Pred 1 h 1 min
DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings
German stocks are up in positive territory on Tuesday, gaining for a second straight session, as investors continue to focus on earnings and other corporate news, even while continuing to follow the developments on the trade front ahead of new tariffs that come into force later in the week.
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Pred 1 h 3 min
Yen Rises Amid BoJ Rate Hike Speculation
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.
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Pred 1 h 15 min
Sensex, Nifty End Modestly Lower After Trump's Tariff Threat
Indian shares ended Tuesday's session lower after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
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Pred 1 h 32 min
European Shares Rise Amid Fed Rate Cut Hopes, Earnings Deluge
European stocks advanced on Monday as investors digested a slew of earnings updates and held onto hopes that the U.S. Federal Reserve may soon pivot to monetary easing.
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Pred 2 h 33 min
Asian Shares Extend Gains Amid Fed Rate Cut Hopes
Asian stocks rose for a second consecutive session on Tuesday after a Federal Reserve official said the time is nearing for rate cuts.
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Pred 3 h 13 min
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
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Pred 3 h 23 min
