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DAX Slightly Higher As Inflation Eases
(RTTNews) - German stocks were seeing marginal gains on Friday after official data showed inflation in the country fell to 3.1 percent in January year-over-year from 3.8 percent in December - confirming preliminary data.
Markets eagerly await annual revisions to the seasonal adjustment factors for U.S. consumer price data, due later in the day.
The benchmark DAX edged up 0.1 percent to 16,984 after rising 0.3 percent in the previous session.
Medical technology company Carl Zeiss Meditec soared 12 percent despite posting a decline in Q1 EBIT earnings.
Consumer electronic firm Ceconomy lost more than 3 percent after sales for the first quarter dropped slightly to 7.0 billion euros.
Banks Commerzbank and Deutsche Bank were modestly higher.
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CAC 40 Up Nearly 1%
French stocks gaining some ground in positive territory on Friday, continuing their upmove for the fourth consecutive session and expectations the meeting between U.S. President Donald Trump and Russian President Vladimir Putin will help bring about an end to the ongoing war in Ukraine.
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19分钟前
DAX Up Nearly 0.5%, Hits 5-week High
German stocks are up in positive territory on Friday, rising for the third consecutive session, and the benchmark DAX has hit a more than 5-week high, as some strong earnings updates and hopes about a positive outcome from U.S. President Donald Trump and Russian President Vladimir Putin's meeting help underpin sentiment.
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37分钟前
European Shares Extend Gains With Focus On Putin-Trump Talks
European stocks held near five-month highs on Friday amid hopes the Trump-Putin summit in Alaska might help end the war in Ukraine.
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1小时19分钟前
Asian Shares Mostly Higher With Ukraine Talks In Focus
Asian stocks ended mostly higher on Friday as investors reacted to mixed economic data from China and Japan, and awaited the outcome of the Alaska summit between U.S. and Russian Presidents.
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1小时41分钟前
China Economic Data Disappoints
China's industrial production, retail sales and fixed asset investment registered weaker-than-expected growth in July, strengthening calls for further policy support to rebalance the economy towards consumption. Industrial production grew 5.7 percent in July from a year ago, following June's 6.8 percent increase, the National Bureau of Statistics reported Friday.
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2小时9分钟前
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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2小时22分钟前
NZ Dollar Falls On Soft China Data
The New Zealand dollar weakened against other major currencies in the Asian session on Friday, after China's industrial production and retail sales logged slower growth in July.
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2小时47分钟前
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
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3小时35分钟前
