DAX Drifts Lower Ahead Of ECB Rate Decision
(RTTNews) - German stocks were moving lower on Wednesday and the euro was down for a third day in a row as investors await Thursday's ECB meeting for directional cues.
Markets currently eye two more rate cuts from the euro area's central bank this year amid a weak growth outlook and lower inflation.
The benchmark DAX slipped 0.2 percent to 19,451 after closing 0.1 percent lower the previous day.
Earnings remained in focus, with sportswear giant Adidas tumbling 3.6 percent despite raising its full-year sales and profit guidance.
Dragerwerk declined 3.1 percent. The breathing equipment maker for industries and hospitals registered a decline in preliminary earnings before interest and taxes for the third quarter, reflecting a drop in sales.
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European Shares Poised For Higher Open After Waller's Remarks
European stocks are seen opening on a firm note Friday as investors react to dovish remarks from Federal Reserve Governor Christopher Waller and upbeat economic data from China.
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5j 30min yang lalu
Sensex, Nifty Edge Lower In Early Trade
Indian shares opened lower on Friday after three consecutive sessions of gains.
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6j 50min yang lalu
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Friday, despite the negative cues from Wall Street overnight, as traders react to a slew of economic data from China, the world's second-largest economy. They also remain cautious and took a step back to assess the US Fed's near-term interest rate trajectory. Asian markets ended mostly higher on Thursday.
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7j 41min yang lalu
Australian Market Back In The Green In Mid-market
The Australian stock market is back in the green in mid-market trading on Friday after briefly slipping in to the red, also adding to the slight gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,300 level, with gains across most sectors led by mining and financial stocks.
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8j 16min yang lalu
Sensex, Nifty Set To Drift Lower With Earnings In Focus
Indian shares may open on a sluggish note Friday as investors react to mixed global cues and earnings results from the likes of Reliance Industries, Infosys, Axis Bank and LTIMindtree.
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8j 27min yang lalu
China GDP Climbs 5.4% On Year In Q4
China's gross domestic product expanded 5.4 percent on year in the fourth quarter of 2024, he National Bureau of Statistics said on Friday - exceeding expectations for 5.0 percent and up from 4.6 percent in Q3.
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8j 39min yang lalu
Japanese Market Sharply Lower
Reversing the gains in the previous session, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling to stay a tad above the 38,100 level, with weakness across most sectors led by index heavyweights and financial stocks.
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8j 58min yang lalu
Losses May Accelerate For Thai Stock Market
The Thai stock market inched lower again on Thursday, one day after ending the two-day losing streak in which it had fallen more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,350-point plateau and it may extend Thursday's losses.
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9j 0min yang lalu
