DAX Slips Ahead Of Key Inflation Data
(RTTNews) - German stocks slipped into the red on Friday as caution set in ahead of euro zone inflation data due out later in the day.
Germany, France and Italy all reported inflation data earlier this week, showing a further slowdown of prices in the region and bringing hopes of relief to consumers and governments.
Despite signs of easing, inflation in the euro zone remains a long, long way from the ECB's 2 percent target.
The benchmark DAX was down 35 points, or 0.2 percent, at 14,401 after declining 0.4 percent in the previous session.
Hugo Boss shares were little changed after Frasers Group, a British retail, sport and intellectual property group, issued an update regarding its investment in the German luxury fashion brand.
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Sensex, Nifty Drift Lower In Early Trade
Indian shares were a tad lower on Thursday amid the impending expiry of the weekly options of Nifty 50 contracts and the RBI's interest-rate decision on Friday.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as concerns over a global trade war eased amid amicable measures from both the US and China. A notable move to the downside by treasury yields also aided the markets' upside. Asian Markets closed mixed on Wednesday.
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Australian Market Extends Gains In Mid-market
The Australian market in extending its early gains in mid-market moves on Thursday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up above the 8,500 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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Sensex, Nifty Seen Higher At Open; RBI Meeting Eyed
Indian shares are seen opening higher on Thursday amid easing trade war fears and falling oil prices on demand concerns and data showing a large build in U.S. crude and gasoline stockpiles.
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Bargain Hunting Expected To Boost Thai Stock Market
The Thai stock market has finished lower in six straight sessions, sinking more than 60 points or 4.4 percent along the way. The Stock Exchange of Thailand now sits just above the 1,285-point plateau and it's overdue for support on Thursday.
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Indonesia Stock Market Tipped To Rebound On Thursday
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had stumbled more than 180 points or 2.6 percent. The Jakarta Composite Index now sits just above the 7,020-point plateau and it figures to bounce higher again on Thursday.
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Japanese Market Notably Higher
The Japanese market is trading notably higher on Thursday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,000 mark, with gains in some index heavyweights and technology stocks.
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Higher Open Called For China Stock Market
Bisected by the long Lunar New Year break, the China stock market has moved lower in two straight sessions, shedding me than 30 points or 1 percent in that span. The Shanghai Composite Index now rests just beneath the 3,230-point plateau although it's likely to cut into those losses on Thursday.
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