DAX Little Changed On Middle East Conflict Fears

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DAX Little Changed On Middle East Conflict Fears

(RTTNews) - German stocks were little changed on Wednesday amid ongoing tensions in the Middle East after Iran fired ballistic missiles targeting two military bases of Israel and the headquarters of Mossad.

Israel and Iran have issued threats of retaliation against one another, pushing longstanding concerns over escalation towards a regional war to new heights.

The benchmark DAX was marginally higher at 19.229 after declining 0.6 percent in the previous session.

In corporate news, GEA Group shares rallied 3.3 percent. The technology supplier for food processing and a wide range of other industries on its capital markets day said it achieved its mid-term financial goals of Mission 26 growth strategy ahead of 2 years.

Wind turbine manufacturer Nordex Group fell 1.2 percent despite securing an order for 66 MW in Scotland.

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Sensex, Nifty Snap Three Day Losing Streak

Sensex, Nifty Snap Three Day Losing Streak

Indian shares recovered from an early slide to end modestly higher on Friday. Rate-sensitive banks, automakers and metal stocks advanced, offsetting weakness in the IT and FMCG sectors.
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European Shares Mixed As Investors Look To UK Budget

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The British pound strengthened against other major currencies in the European session on Friday, after data showed that U.K. retail sales logged an unexpected growth in September on higher sales of technology products.
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The British pound strengthened against other major currencies in the European session on Friday.
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French stocks were moving higher on Friday after an ECB survey showed headline inflation in the euro zone will return to the central bank's 2 percent target sooner than earlier thought. The survey is an important input in the ECB's policy deliberations.
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DAX Edges Higher In Cautious Trade

DAX Edges Higher In Cautious Trade

German stocks traded slightly higher on Friday, a day after the European Central Bank (ECB) cut its deposit rate by 25 basis points to 3.25 percent, citing sluggish economic growth and easing inflation.
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Asian Shares Mixed After China Data

Asian Shares Mixed After China Data

Asian stocks ended mixed on Friday as a slew of Chinese data backed calls for more stimulus.
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