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DAX Rises In Cautious Trade
(RTTNews) - German stocks were a tad higher on Tuesday, as rising U.S. stock futures helped outweigh survey results showing that business activity in the eurozone contracted for a second straight month in August.
S&P Global's flash Composite Purchasing Managers' Index (PMI) dropped to 49.2 in August from 49.9 in July, while the PMI for Germany, Europe's biggest economy, fell to 47.6 from July's final reading of 48.1 due to high inflation and rising interest rates.
The benchmark DAX rose 58 points, or 0.4 percent, to 13,288 after plunging 2.3 percent in the previous session.
The euro remained under pressure and breached parity once against the dollar amid a deepening energy crisis in the region.
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Malaysia Stock Market May Give Up Support At 1,700 Points
The Malaysia stock market has finished lower in three sessions, slipping almost 10 points in that span. The Kuala Lumpur Composite Index now sits just above the 1,700-point plateau and it may take further damage again on Friday.
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21 minutes ago
New Zealand Manufacturing Index Eases To 5.1 - BusinessNZ
The manufacturing sector in New Zealand continued to expand, albeit at a slower rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 53.1.
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Japan Stock Market May Head South Again On Friday
The Japan stock market on Thursday snapped the two-day slide in which it had stumbled more than 1,250 points or 1.9 percent. The Nikkei 225 now sits just above the 65,270-point plateau although it may hand back those gains on Friday.
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South Korea Shares May Extend Thursday's Losses
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Japan Producer Price Data Due On Friday
Japan will on Friday release August figures for producer prices, highlighting a light day for Asia-Pacific economic activity.
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1h 51min ago
U.S. Dollar Advances Amid Oil-Linked Inflation Concerns, PPI Data Release
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2h 55min ago
TSX Drops To 5-week Low, Set To End Weak For 6th Straight Day
anadian stock market's benchmark S&P/TSX Composite Index fell to five-week low on Thursday, weighed down by concerns about inflation as oil prices continued to surge and bond yields climbed higher.
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5h 26min ago
Swiss Market Ends On Weak Note After Choppy Ride
Swiss stocks swung between gains and losses on Thursday as investors stayed largely cautious. Higher oil prices and concerns about geopolitical tensions weighed.
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5h 47min ago
