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DAX Holds Steady On Mixed Data
(RTTNews) - German stocks were steady on Monday after U.S. President Joe Biden signed legislation that lifts the nation's debt ceiling.
There was some cheer on the data front, with German trade surplus widening to €18.4 billion from €14.9 billion as exports unexpectedly rose 1.2 percent and imports fell 1.7 percent in April.
Separate data showed Eurozone business growth slowed in May. HCOB's final Composite Purchasing Managers' Index (PMI), compiled by S&P Global, dropped to a three-month low 52.8 in May from April's 54.1.
The benchmark DAX was marginally higher at 16,056 after rising 1.3 percent on Friday.
Asian stocks ended mostly higher earlier in the day while U.S. stock futures point to Wall Street holding near 10-monht highs.
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Safe-Haven JPY Rises As Trader's Remain Cautious
The safe haven Japanese yen strengthened against other major currencies in the pre-European session on Monday, as traders remain cautious amid renewed optimism about new trade deals after U.S. President Donald Trump indicated he does not think he will need to extend the July 9 deadline for countries to secure trade deals with the US. Trump also indicated the U.S. had signed an agreement with China.
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49 นาทีที่ผ่านมา
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the pre-European session on Monday.
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1 ชม. 38 นาทีที่ผ่านมา
European Shares Seen Broadly Higher At Open
European stocks are seen opening broadly higher on Monday after Wall Street wrapped up last week with a powerful rally on trade deal and Fed rate cut hopes.
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2 ชม. 35 นาทีที่ผ่านมา
European Economic News Preview: Germany Inflation & Retail Sales Data Due
Flash inflation and retail sales from Germany and revised GDP and mortgage approvals from the UK are due on Monday, headlining a hectic day for the European economic news. At 2.00 am ET, Destatis publishes Germany's import prices and retail sales figures. Retail sales are forecast to grow 0.5 percent month-on-month in May, in contrast to the 1.1 percent fall in April.
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2 ชม. 40 นาทีที่ผ่านมา
Sensex, Nifty Subdued After Last Week's Rally
Indian shares were subdued on Monday after rising sharply last week, buoyed by receding tensions in the Middle East and a sharp correction in global crude oil prices.
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3 ชม. 32 นาทีที่ผ่านมา
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market trading on Monday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,550.00 level, with gains is financial and technology stocks partially offset by weakness in mining stocks.
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4 ชม. 40 นาทีที่ผ่านมา
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, as traders remain cautious amid renewed optimism about new trade deals after US President Donald Trump indicated he does not think he will need to extend the July 9 deadline for countries to secure trade deals with the US. Trump also indicated the US had signed an agreement with China.
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5 ชม. 11 นาทีที่ผ่านมา
Sensex, Nifty Set For Muted Start
Indian shares look set to open largely unchanged on Monday, though losses, if any, may remain limited owning to record-high U.S. stock performance and progress in trade negotiations.
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5 ชม. 26 นาทีที่ผ่านมา
