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DAX Tumbles 1.7% As Inflation Fears, Profit Taking Hurt Stocks

German stocks tumbled on Friday amid concerns about inflation and a lack of any positive outcome from U.S.-China trade talks. Meanwhile, Trump's tougher stance on the Middle East issue has raised fears that the US could resume strikes on Iran.
RTTNews | 119 days ago
Oil Prices Climb As Hormuz Concerns Persist

Oil Prices Climb As Hormuz Concerns Persist

Oil prices rallied on Friday as Hormuz concerns persisted and U.S. President Donald Trump claimed the United States will prevail in its war with Iran, "peacefully or otherwise".
RTTNews | 119 days ago
Asian Shares Retreat On Rate-hike Concerns

Asian Shares Retreat On Rate-hike Concerns

Asian stocks declined on Friday after U.S. Treasury yields hit one-year highs, prompting traders to hike their bets on a Federal Reserve rate hike this year.
RTTNews | 119 days ago
Antipodean Currency's Slide Amid Risk-off Mood, U.S Dollar Rises

Antipodean Currency's Slide Amid Risk-off Mood, U.S Dollar Rises

The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday as Asian stock markets traded lower, amid concerns over the re-escalation of the Middle East conflict after ship attacks and seizures near the Strait of Hormuz.
RTTNews | 119 days ago
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Australian Market Slips To Slight Losses In Mid-market

Australian Market Slips To Slight Losses In Mid-market

The Australian stock market is slipping to slight losses in mid-market moves on Friday after opening in the green, reversing the slight gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,650 level, with weakness in mining and energy stocks partially offset by gains in financial and technology stocks.
RTTNews | 119 days ago
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Friday, despite the broadly positive cues from Wall Street overnight, amid concerns over the re-escalation of the Middle East conflict after ship attacks and seizures near the Strait of Hormuz. Traders are now anticipating China's active role to resolve the crisis and hasten up the reopening of the Strait of Hormuz in the backdrop of a U.S.-China summit.
RTTNews | 119 days ago

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