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DAX Edges Higher Despite Weak China Data
(RTTNews) - German stocks edged higher on Tuesday even as a slew of economic data showed China's economic recovery is losing momentum.
Closer home, the German ZEW economic sentiment survey results for May and Eurozone GDP data are awaited later in the day.
The benchmark DAX was up 23 points, or 0.2 percent, at 15,946 after edging up marginally in the previous session.
Automakers slipped, with Daimler, Mercedes Benz and Volkswagen all falling around 1 percent on China recovery concerns.
Infineon rallied 2.3 percent after the semiconductor company bought Stockholm-based startup Imagimob AB for an undisclosed sum.
Hornbach Holding plunged 8.5 percent after saying it expects sales to remain more or less flat in 2023/24.
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European Shares Mostly Higher Before Debt Sales
European stocks were mostly higher on Thursday as bond market worries subsided, and investors awaited Eurozone retail sales data as well as debt auctions in France and the United Kingdom for direction.
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12 นาทีที่ผ่านมา
Asian Shares Mostly Higher; China And Hong Kong Markets Buck Trend
Asian stocks rose broadly on Thursday, even as Chinese and Hong Kong markets ended sharply lower following reports that China's financial regulators are considering a number of cooling measures for the stock market, including lifting certain short selling restrictions, increasing checks on speculative trades, and discouraging heavy retail participation.
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32 นาทีที่ผ่านมา
German Construction Sector Downturn Deepens
Germany's construction sector shrank further in August largely due to the steep fall in new orders, survey results from S&P Global showed on Thursday. The HCOB construction Purchasing Managers' Index fell to 46.0 in August from July's 29-month high of 46.3.
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56 นาทีที่ผ่านมา
Australia Trade Surplus At 17-Month High; Household Spending Growth Rises
Australia's trade surplus surged to the highest level in more than a year in July and household spending growth accelerated for the third straight month in July, official data showed on Thursday. The trade surplus increased unexpectedly to A$7.3 billion in July from A$5.4 billion in June, the Australian Bureau of Statistics said.
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1 ชม. 56 นาทีที่ผ่านมา
European Shares Seen Tad Higher At Open On Fed Rate Cut Hopes
European stocks may open flat to slightly higher on Thursday as a bond market sell-off stabilized and dovish Fed comments coupled with weak U.S. data reinforced rate-cut bets.
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3 ชม. 38 นาทีที่ผ่านมา
Sensex, Nifty Rally On GST Rejig
Indian shares opened on a buoyant note on Thursday after Finance Minister Nirmala Sitharaman announced significant GST rate cuts, effective September 22.
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4 ชม. 35 นาทีที่ผ่านมา
Australian Market Extends Early Strong Gains In Mid-market
The Australian market is extending its early strong gains in mid-market moves on Thursday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks.
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5 ชม. 32 นาทีที่ผ่านมา
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, as traders remain optimistic that the US Fed will lower interest rates by at least a quarter point later this month after a report showed job openings in the U.S. fell to their lowest level in ten months in July. Asian markets closed mostly lower on Wednesday.
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5 ชม. 53 นาทีที่ผ่านมา
