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DAX Dips Ahead Of Key Inflation Data
(RTTNews) - German stocks fell on Thursday amid worries about continued monetary policy tightening by the U.S. Federal Reserve and the European Central Bank.
The benchmark DAX was down 129 points, or 0.8 percent, at 15,176 after losing 0.4 percent lower the previous day.
Travel and tech stocks dipped as Eurozone government bond yields hit multi-year highs ahead of the release of preliminary euro zone data for February due later in the day. Lufthansa fell over 1 percent and Infineon lost 3 percent.
Kion Group AG rose over 1 percent. The manufacturer of materials handling equipment said it expects an increase in revenue and a significant improvement in both adjusted EBIT and return on capital employed in fiscal 2023.
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South Korea Producer Prices Ease 0.1% In April
Producer prices in South Korea were down 0.1 percent on month in April, the Bank of Korea said on Friday - following the flat reading in March.
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20分钟前
New Zealand Retail Sales Data Due On Friday
New Zealand will on Friday release Q1 numbers for retail sales, highlighting a modest day for Asia-Pacific economic activity. Sales are expected to be flat on quarter after rising 0.9 percent in the three months prior.
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35分钟前
U.S. Dollar Firms On Deficit Concerns
The U.S. dollar was higher against its most major counterparts in the New York session on Thursday, as treasury yields soared amid concerns about the fiscal impact of President Donald Trump's tax bill.
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3小时52分钟前
Swiss Market Ends Notably Lower
After opening modestly down, the Switzerland market kept sliding on Thursday, and despite recovering some lost ground past mid afternoon, ended the day's session on a weak note.
Concerns about U.S. debt, and continued uncertainty about tariff negotiations rendered the mood cautious.
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4小时56分钟前
European Stocks Close Weak As U.S. Fiscal Deficit Fuels Growth Concerns
European stocks closed lower on Thursday as rising concerns over U.S. fiscal outlook and a lack of clarity on tariff negotiations rendered the mood cautious, prompting investors to lighten commitments.
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5小时16分钟前
Canadian Market Up Marginally At Noon In Cautious Trade
After opening slightly up, the Canadian market slipped into negative territory Thursday morning, but edged up a bit subsequently in cautious trade, with a few stocks from technology and financials sectors posting solid gains.
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6小时33分钟前
U.S. Existing Home Sales Unexpectedly See Further Downside In April
Existing home sales in the U.S. unexpectedly saw further downside in the month of April, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales fell by 0.5 percent to an annual rate of 4.00 million in April after plunging by 5.9 percent to a rate of 4.02 million in March.
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8小时4分钟前
U.S. Weekly Jobless Claims Unexpectedly Edge Down To 227,000
A report released by the Labor Department on Thursday unexpectedly showed a slight decline by first-time claims for U.S. unemployment benefits in the week ended May 17th. The Labor Department said initial jobless claims edged down to 227,000, a decrease of 2,000 from the previous week's unrevised level of 229,000. The dip surprised economists, who had expected jobless claims to inch up to 230,000.
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9小时0分钟前
