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DAX Dips Ahead Of Powell's Speech
(RTTNews) - German stocks were moving lower on Tuesday after two Federal Reserve officials said the fed funds rate will need to surpass 5 percent in order to get inflation under control.
Investors looked ahead to Fed Chair Jerome Powell's speech later in the day for additional clues on the economic and rate outlook.
The benchmark DAX slipped 41 points, or 0.3 percent, to 14,752 after rallying 1.3 percent the previous day.
Rate-sensitive tech stocks dropped, with Infineon Technologies falling 1.3 percent. Zalando, which operates an online platform for fashion and lifestyle products, traded around 6 percent lower, leading losses.
Banks fell, with Deutsche Bank losing 0.6 percent.
Adidas, BASF, Covestro, Fresenius, Merck and Siemens Energy were down 1-2 percent.
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European Shares Set For A Firm Start
European stocks are seen opening broadly higher on Thursday as solid U.S. private sector employment and services sector activity data helped calm investor worries about stretched valuations.
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1 ชม. 7 นาทีที่ผ่านมา
Sensex, Nifty Open Higher On Firm Global Cues
Indian shares opened a tad higher on Thursday, mirroring mostly positive cues from global markets as solid U.S. private sector employment and services sector activity data helped calm investor worries about stretched valuations.
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2 ชม. 6 นาทีที่ผ่านมา
Australian Market Halves Its Early Gains In Mid-market
The Australian market is halving its early gains in mid-market moves on Thursday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains across most sectors led by mining and energy stocks amid rebounding commodity prices.
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3 ชม. 23 นาทีที่ผ่านมา
Asian Markets Track Wall Street Higher
Asian markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as some traders looked to pick up stocks at reduced levels following the recent sell-off. Traders also react to upbeat private US economic data and growing expectations that the US Supreme Court may reject the Trump administration's aggressive trade policy.
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3 ชม. 49 นาทีที่ผ่านมา
Sensex, Nifty Seen Higher At Open As US Supreme Court Weighs Legality Of Trump Tariffs
Indian shares look set to open higher on Thursday as investors react to signs of a resilient U.S. labor market and reports that the U.S. Supreme Court seems skeptical of President Trump's sweeping global tariffs, with key justices noting that he had overstepped his authority with his signature economic policy.
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4 ชม. 4 นาทีที่ผ่านมา
Japanese Market Sharply Higher
The Japanese market is sharply higher on Thursday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up almost 2 percent to above the 50,900 level, with gains across most sectors led by index heavyweights, exporters and financial stocks.
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4 ชม. 13 นาทีที่ผ่านมา
Thai Stock Market May Reclaim 1,300-Point Plateau
The Thai stock market has moved lower in five straight sessions, slumping more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,300-point plateau although it's expected to open to the upside on Thursday.
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4 ชม. 45 นาทีที่ผ่านมา
Additional Support Anticipated For Indonesia Shares
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just beneath the 8,320-point plateau and it may add to its winnings on Thursday.
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5 ชม. 15 นาทีที่ผ่านมา
