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DAX Holds Steady Ahead Of Fed Decision
(RTTNews) - German stocks were steady on Wednesday as investors reacted to mixed manufacturing data from China and awaited the Federal Reserve's interest-rate decision later in the day for direction.
The benchmark DAX was up 0.1 percent at 15,144 after ending marginally higher the previous day.
Hannover Re shares slumped 4.3 percent. In order to take account of the growth in the property and casualty reinsurance portfolio and the increased loss expectation from natural catastrophes, the reinsurer has increased its net major-loss budget for 2023 to 1.725 billion euros.
Software AG plunged 13 percent. The company reported that, on an organic basis, EBIT was 43.1 million euros in the fourth quarter compared to 32.2 million euros, prior year.
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Rebound Anticipated For South Korea Shares
The South Korea stock market on Thursday ended the six-day winning streak in which it had surged more than 320 points or 8.6 percent to a record closing high. The KOSPI now rests just beneath the 3,850-point plateau although it may bounce higher again on Friday.
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21分钟前
Swiss Franc Rises Against Majors
The Swiss franc advanced against its major counterparts in the New York session on Thursday.
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49分钟前
Australia Manufacturing PMI Sinks Into Contraction - S&P Global
The manufacturing sector in Australia slipped into contraction in October, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.7.
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1小时13分钟前
Japan Inflation Data Due On Friday
Japan will on Friday release September figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In August, overall inflation was up 0.1 percent on month and 2.7 percent on year, while core CPI also rose an annual 2.7 percent.
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1小时21分钟前
Canadian Market Headed For Another Strong Finish
The Canadian market remains firmly up in positive territory Thursday afternoon, lifted by gains in energy, technology, materials and consumer discretionary stocks.
Expectations of an interest rate cut by the Canadian central bank next week, and hopes the upcoming national budget will contain some proposals for huge funding in major initiatives.
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5小时2分钟前
Swiss Market Ends Moderately Lower
The Switzerland market ended on a weak note on Thursday after languishing in negative territory right through the day's session.
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5小时33分钟前
European Markets Close Higher As Investors Focus On Earnings
European stocks closed higher on Thursday with investors mostly reacting to corporate earnings announcements. Concerns about geopolitical tensions and the potential impact of tariffs on global economic growth weighed a bit and limited markets' upside.
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5小时54分钟前
U.S. Existing Home Sales Increase In Line With Estimates In September
A report released by the National Association of Realtors on Thursday showed existing home sales in the U.S. increased in line with economist estimates in the month of September. NAR said existing home sales jumped by 1.5 percent to an annual rate of 4.06 million in September after dipping by 0.2 percent to an annual rate of 4.00 million in August. The rebound matched expectations.
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7小时12分钟前
