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DAX Rises Led By Banks
(RTTNews) - German stocks opened higher on Monday amid expectations that the U.S. Federal Reserve may be able to hold interest rates steady in September.
The benchmark DAX was up 101 points, or 0.7 percent, at 15,732 after finishing marginally higher on Friday.
Banks rallied, with Commerzbank rising 1.4 percent and Deutsche Bank adding more than 2 percent, after ECB president Christine Lagarde on Friday called for higher-for-longer interest rates to achieve the central bank's key objective of bringing inflation back to its 2 percent target.
China-exposed automakers were rising, with BMW, Mercedes Benz and Volkswagen all gaining around half a percent, after China announced new measures to its struggling stock market.
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European Shares Seen Tad Lower At Open
European stocks may drift lower on Wednesday as market participants assess the outcome of U.S.-China trade negotiations.
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Sensex, Nifty Marginally Higher In Lackluster Trade
Indian shares were marginally higher on Wednesday after top U.S. and Chinese officials agreed on a "framework" to move forward on trade, following two days of high-level talks in London.
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3h 42minuter sedan
Australian Market Trims Early Gains In Mid-market
The Australian market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,600 level to fresh all-time highs, following the positive cues from Wall Street overnight, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing trade war tensions after top U.S. and Chinese officials agreed upon a "framework" to move forward on trade, following two days of high-level talks in London. The framework will first need to be approved by leaders in Washington and Beijing.
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Sensex, Nifty Set For Muted Start
Indian shares are seen opening little changed on Wednesday despite top U.S. and Chinese officials agreeing on a "framework" to move forward on trade, following two days of high-level talks in London.
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Thai Bourse May Extend Tuesday's Gains
The Thai stock market on Tuesday ended the two-day slide in which it had slipped more than 5 points or 0.4 percent. The Stock Exchange of Thailand now rests just beneath the 1,140-point plateau and it may tick higher again on Wednesday.
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Japanese Market Modestly Higher
The Japanese stock market is trading modestly higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights and technology stocks. Financial stocks are a weak spot.
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Indonesia Shares May Open To The Upside
The Indonesia stock market has moved higher in three straight sessions, gathering almost 190 points or 2.7 percent along the way. The Jakarta Composite Index now rests just above the 7,230-point plateau and it's looking at a firm lead again for Wednesday's trade.
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6h 37minuter sedan
