DAX Slightly Higher In Cautious Trade

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DAX Slightly Higher In Cautious Trade

(RTTNews) - German stocks traded slightly higher on Wednesday after Israel and Hamas agreed to a four-day truce that would see the Palestinian group release dozens of hostages taken on October 7.

Nvidia's outlook beat expectations, though the chipmaker predicted decline in sales to China.

The benchmark DAX was up 43 points, or 0.3 percent, at 15,943 after finishing marginally lower the previous day.

Fresenius Medical Care rose about 2 percent after raising its annual earnings outlook.

Also, the world's leading provider of products and services for individuals with renal diseases has resolved a legal dispute with the U.S. government.

Thyssenkrupp jumped over 7 percent. After reporting fiscal 2023 net loss of 2.0 billion euros, the industrial engineering and steel company said it sees profit and higher sales in RY24.

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CAC 40 Notably Higher; Societe Generale, Kering Among Top Gainers

CAC 40 Notably Higher; Societe Generale, Kering Among Top Gainers

The French market is up in positive territory on Thursday, advancing for a fourth straight session, as investors await the European Central Bank's monetary policy announcement, and the U.S. consumer price inflation data, due later in the day.
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DAX Roughly Flat In Lackluster Trade

DAX Roughly Flat In Lackluster Trade

German stocks are quite subdued on Thursday with investors largely refraining from making significant moves as they await the European Central Bank's policy announcement, and the crucial inflation data from the U.S., later in the day.
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Asian Shares Mixed Ahead Of US CPI Data

Asian Shares Mixed Ahead Of US CPI Data

Asian stocks ended mixed on Thursday as a drop in U.S. producer prices fueled hopes of Federal Reserve rate cuts and helped offset rising geopolitical tensions and widespread political turmoil in South Asia.
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U.S. Dollar Rises As Traders Focus On U.S. CPI Data

U.S. Dollar Rises As Traders Focus On U.S. CPI Data

The U.S. dollar strengthened against other major currencies in the Asian session on Thursday, as traders await the U.S. Consumer Price Index (CPI) for August, which is scheduled for release later today.
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European Economic News Preview: ECB To Hold Key Rates

European Economic News Preview: ECB To Hold Key Rates

The European Central Bank is set to hold its key interest rates for the second straight session on Thursday as inflation stayed around the target and the economy showed resilience to higher tariffs. Markets expect the ECB to retain the deposit rate at 2.00 percent. The refinancing rate is seen unchanged at 2.15 percent and the marginal lending rate at 2.40 percent.
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