DAX Slips As Growth Worries Resurface
(RTTNews) - German stocks slipped on Tuesday as weak Chinese GDP data rekindled worries about slowing global growth.
The benchmark DAX was down 23 points, or 0.2 percent, at 15,111 after rising 0.3 percent in the previous session.
Nordex AG, a wind turbine maker, fell 1.6 percent after it posted a decline in order intake for its wind turbines the fourth-quarter and full-year, amidst a challenging market environment.
Luxury fashion brand Hugo Boss AG dropped 1.3 percent. The company said that its fourth-quarter preliminary sales grew 18 percent to 1.07 billion euros from last year's 905 million euros. Quarterly sales exceeded the 1 billion euros mark for the first time in its history.
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Indian Rupee Rises To 2-day High Against U.S. Dollar
The Indian rupee strengthened against the U.S. dollar in the European session on Friday.
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5h 3min ago
European Shares Little Changed Ahead Of US Jobs Report
European shares were little changed on Friday after climbing to a record high the previous day on the back of robust quarterly earnings and eased concerns about a U.S.-led trade war.
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5h 15min ago
Asian Shares Mixed; China, HK Stocks Rally On AI Optimism
Asian shares ended mixed on Friday, with mainland Chinese and Hong Kong markets rising sharply as DeepSeek AI optimism lifted tech stocks.
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5h 42min ago
UK Halifax House Prices Rise More Than Forecast
UK house prices grew more than expected in January to hit a record high as buyer demand increased ahead of the stamp duty increase in April, mortgage lender Halifax said Friday. House prices increased 0.7 percent in January from December, reversing a 0.2 percent drop in the previous month. The monthly growth was also faster than economists' forecast of 0.4 percent.
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6h 37min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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8h 28min ago
European Economic News Preview: Germany Industrial Output, Foreign Trade Due
Industrial production and foreign trade from Germany and house prices from the UK are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis releases Germany's industrial output and external trade figures. Economists forecast industrial output to fall 0.7 percent on month in December, in contrast to the 1.5 percent rise in November.
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8h 30min ago
European Shares Set To Decline On Amazon's Gloomy Outlook
European stocks may drift lower at open on Friday after Amazon reported better-than-expected fourth-quarter earnings but its revenue outlook for the first quarter missed projections.
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8h 47min ago
Sensex, Nifty Struggle For Direction Ahead Of RBI Verdict
Indian shares struggled for direction on Friday ahead of the Reserve Bank of India's interest-rate decision later in the day.
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9h 52min ago
