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DAX Down Sharply On Weak PMI Data
Germany's equity benchmark DAX tumbled on Tuesday, led by those from the tech sector following a strong bout of profit taking in the sector on Wall Street on Monday.
Weak German Services PMI data, and uncertainty about US-Israel peace pact amid conflicting reports over Iran nuclear monitoring weighed on sentiment.
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79 days ago
U.S. Dollar Climbs Against Euro, Franc
The U.S. dollar climbed against the euro and the franc in the New York session on Monday.
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79 days ago
U.S. Dollar Rises Against Most Majors
The U.S. dollar strengthened against most major currencies in the European session on Tuesday.
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79 days ago
Antipodean Currency's Slide Amid Risk-off Mood
The antipodean currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, as Asian stock markets traded lower amid continued uncertainty about the progress in the ongoing peace talks to end the Middle East war and the related complete opening of the Strait of Hormuz. Meanwhile, the US granted Iran a 60-day license to sell oil on global markets, boosting expectations for a faster recovery in crude oil supply.
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80 days ago
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
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80 days ago
Europe New Car Registrations Increase: ACEA
Europe's new car registrations increased in May despite persistent geopolitical headwinds weighing on outlook, the European Automobile Manufacturers' Association, or ACEA, said Tuesday. New car registrations grew 3.2 percent on a yearly basis in May but slower than the 5.1 percent rise in April and 12.5 percent surge in March.
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80 days ago
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday.
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80 days ago
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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80 days ago
European Stocks Seen Declining On Tuesday
Negative sentiment is expected to prevail in stock markets in Europe on Tuesday morning amidst a tech-led plunge in Asian markets that spilled over from Wall Street. The progress in restoration of oil supplies through the Strait of Hormuz as well as a potential further decline in crude oil prices could however limit losses.
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80 days ago
Japan Private Sector Growth Accelerates
Japan's private sector activity grew the most in three months in June, underpinned by faster increase in manufacturing output and a renewed upturn in services activity, flash survey data compiled by S&P Global showed Tuesday. The flash composite output index rose to 52.5 in May from 51.1 in the previous month. A score above 50.0 indicates expansion.
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80 days ago
Sensex, Nifty Recover After Weak Start, Up Marginally
After a weak start due to a sell-off in technology stocks, the Indian stock market moved into positive territory Tuesday morning, riding on gains in the financials, FMCG and banking sectors.
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80 days ago
Australian Market Slips To Slight Losses In Mid-market
The Australian market is slipping to slight losses in mid-market trading on Tuesday after opening in the green, reversing some of the losses in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving well above the 8,800 level, with weakness in gold miners and technology stocks partially offset by gains in iron ore miner stocks.
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80 days ago
Asian Markets Trade Mostly Lower
Asian markets are mostly lower on Tuesday, following the mixed cues from Wall Street overnight, amid continued uncertainty about the progress in the ongoing peace talks to end the Middle East war and the related complete opening of the Strait of Hormuz. Meanwhile, the US granted Iran a 60-day license to sell oil on global markets, boosting expectations for a faster recovery in crude oil supply.
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80 days ago
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