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DAX Falls As Automakers Decline On Tariff Concerns
(RTTNews) - German stocks fell notably on Tuesday, with automakers suffering heavy losses after U.S. President-elect Donald Trump vowed additional tariffs on China as well as U.S. neighbors Canada and Mexico, raising fears of a renewed trade war.
Automakers BMW, Mercedes Benz and Volkswagen were down 2-3 percent while the benchmark DAX was down 125 points, or 0.6 percent, at 19,280 after rising 0.4 percent in the previous session.
Eurozone government bond yields rose slightly ahead of upcoming inflation data that may influence the European Central Bank's policy direction.
Heightened geopolitical tensions and rising political tensions over the French budget also added to the economic uncertainties.
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Japanese Market Sharply Higher
The Japanese stock market is sharply higher on Wednesday, extending the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving a tad above the 43,300 level to fresh record all-time highs, with gains across all sectors led by exporters and financial stocks.
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20 dakika önce
Indonesia Bourse May Test Resistance At 7,800 Points
The Indonesia stock market has tracked higher in three straight sessions, improving more than 300 points or 4 percent along the way. The Jakarta Composite Index now sits just above the 7,790-point plateau and it may at least open higher again on Wednesday.
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32 dakika önce
Additional Support Called For Hong Kong Stock Market
The Hong Kong stock market has moved higher in back-to-back sessions, gathering more than 110 points or 0.4 percent along the way. The Hang Seng Index now rests just beneath the 24,970-point plateau and it's expected to open to the upside again on Wednesday.
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47 dakika önce
Australian Market Modestly Lower
Australian shares are trading modestly lower on Wednesday after opening in the green, reversing the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,900 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in mining and technology stocks.
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49 dakika önce
China Bourse May Extend Winning Streak
The China stock market has moved higher in back-to-back sessions, collecting more than 30 points or 0.9 percent along the way. The Shanghai Composite Index now sits just above the 3,665-point plateau and it may add to its winnings on Wednesday.
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1s 2 dakika önce
Taiwan Stock Market Expected To Open In The Green
The Taiwan stock market has moved higher in four straight sessions, rallying more than 700 points or 3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,160-point plateau and it may see additional support again on Wednesday.
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1s 32 dakika önce
Singapore Shares May Stop The Bleeding On Wednesday
The Singapore stock market has finished lower in three straight sessions, slipping almost 40 points or 0.9 percent along the way. The Straits Times Index now sits just above the 4,220-point plateau although it may find traction on Wednesday.
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2s 2 dakika önce
Japan Producer Prices Rise 0.2% In July
Producer prices in Japan were up 0.2 percent on month in July, the Bank of Japan said on Wednesday.
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2s 5 dakika önce
