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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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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5h 20min ago
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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5h 24min ago
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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5h 35min ago
Rebound Anticipated For Hong Kong Stock Market
The Hong Kong stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had advanced almost 525 points or 2.6 percent. The Hang Seng Index now rests just beneath the 20,600-point plateau although it's predicted to see renewed support on Thursday.
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5h 35min ago
Australian Market Significantly Higher
The Australian market is trading significantly higher on Thursday, extending 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 to a tad near the 8,500 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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5h 54min ago
Australia Has A$5.085 Billion Trade Surplus
Australia posted a seasonally adjusted merchandise trade surplus of A$5.085 billion in December, the Australian Bureau of Statistics said on Thursday.
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6h 11min ago
Win Streak May Continue For Taiwan Stock Market
The Taiwan stock market has moved higher in consecutive trading days, advancing more than 450 points or 2 percent in that span. The Taiwan Stock Exchange now rests just above the 23,160-point plateau and it may add to its winnings again on Thursday.
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6h 20min ago
Singapore Stock Market Due For Support On Thursday
The Singapore stock market has moved lower in three straight sessions, slipping almost 40 points or 1.1 percent along the way. The Straits Times Index now sits just above the 3,815-point plateau although it may stop the bleeding on Thursday.
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6h 50min ago
