DAX Edges Lower On Economic Concerns
(RTTNews) - German stocks slipped into the red on Monday as a survey showed the downturn in the country's manufacturing sector, which accounts for about a fifth of Europe's biggest economy, accelerated in August.
The HCOB final Purchasing Managers' Index (PMI) dropped to 42.4 from 43.2 in July due to a steeper drop in incoming orders.
Also, a separate survey revealed that Euro zone manufacturing activity remained mired in contraction in August.
The benchmark DAX was down 30 points, or 0.2 percent, at 18,876 after finishing marginally lower on Friday.
The dollar climbed to a two-week high versus the euro ahead of a slew of key U.S. economic data due this week, including the non-farm payrolls report on Friday.
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Decline In U.S. Mortgage Applications Slows: MBA
The number of mortgage applications in the U.S. fell for the third week in a row, but at a slower pace in the week ended October 18, as higher interest rates continue to weigh on demand, results of a survey by the Mortgage Bankers Association showed Wednesday. The Market Composite Index, a measure of mortgage loan application volume, fell 6.7 percent from the previous week.
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4 ชม. 32 นาทีที่ผ่านมา
Bay Street Seen Opening Weak; BoC Rate Decision In Focus
Lower stock futures and commodity prices point to a weak start for the Canadian market on Wednesday. The focus will be on the Canadian central bank's interest rate decision due after the opening bell.
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4 ชม. 39 นาทีที่ผ่านมา
UK Pay Growth Stalled In September, Likely To Slow Next Year: Survey
Growth in the employee earnings in the U.K. stalled in the September quarter and the rate of increase is expected to fall next year as employers weigh the cost, the performance of their companies and possibly lower inflationary pressures. Median pay award forecast for the next 12 months was 3 percent.
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4 ชม. 49 นาทีที่ผ่านมา
Sensex, Nifty Give Up Early Gains
Indian shares gave up early gains to end marginally lower on Wednesday.
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7 ชม. 9 นาทีที่ผ่านมา
Deutsche Bank Q3 Profit Climbs, Confirms Outlook; Stock Dips
German banking major Deutsche Bank AG reported Wednesday higher profit in its third quarter, driven by partial release of Postbank litigation provisions, lower expenses, as well as improved revenues. The company also said it is on track to achieve its annual revenue target, as well as 2025 goals. Meanwhile, Deutsche Bank shares were losing around 3 percent in the morning trading in Germany...
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7 ชม. 24 นาทีที่ผ่านมา
European Shares Subdued On Inflation Woes
European stocks were slightly lower on Wednesday as investors digested mixed earnings results and braced for the upcoming U.K. autumn budget.
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7 ชม. 59 นาทีที่ผ่านมา
FTSE 100 Declines As Investors Look Ahead To Budget
U.K. stocks drifted lower on Wednesday as investors braced for the upcoming autumn budget and the U.S. Presidential election scheduled for November 5.
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8 ชม. 15 นาทีที่ผ่านมา
CAC 40 Declines On China Concerns
French stocks traded lower on Wednesday due to concerns about slowing Chinese growth and the widening U.S. fiscal deficit.
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8 ชม. 30 นาทีที่ผ่านมา
