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DAX Modestly Higher In Cautious Trade
German stocks climbed higher on Thursday, recovering from previous session's setback, with the mood turning a bit positive amid renewed optimism over artificial intelligence, and U.S. President Donald Trump's comments that the flare-up in tensions in the Middle East will end very quickly.
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63 days ago
Oil Prices Slide In Volatile Trade
Oil prices fell in volatile trade on Thursday after rallying in the previous session on escalating hostilities in the Middle East.
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63 days ago
European Shares Modestly Higher In Cautious Trade
European stocks were modestly higher on Thursday while oil prices fell after the U.S. military attacked Iranian targets for a second straight day and President Donald Trump said the flare-up will end very quickly. U.S. airstrikes hit about 90 targets across Iran as Tehran targeted Gulf states.
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63 days ago
Asian Shares Mixed As US Launches New Airstrikes On Iran
Asian stocks ended mixed on Thursday, giving up some early gains as investors digested Chinese inflation data and monitored escalating hostilities in the Middle East.
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63 days ago
German Exports Log Unexpected Expansion, Imports Fall
Germany's exports grew unexpectedly in May largely driven by the surge in shipments to the US, while overall imports dropped for the first time in four months, official data revealed Thursday. Exports rose 0.9 percent in May from the previous month, in contrast to the expected fall of 0.3 percent. Shipments had increased 0.8 percent in April.
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63 days ago
China Inflation Softens; Producer Price Inflation Accelerates
China's consumer price inflation softened in June, while producer price inflation accelerated to the highest in nearly four years on elevated energy prices, official data showed Thursday. Consumer price inflation eased to 1.0 percent in June from 1.2 percent in May, the National Bureau of Statistics said. Prices were expected to rise 1.1 percent.
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63 days ago
European Shares Seen Higher At Open
European stocks are likely to open higher on Thursday after U.S. President Donald Trump said the recent armed clashes would not lead to the end of the ceasefire with Iran or the resumption of full-scale war.
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63 days ago
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NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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63 days ago
Indian Shares Edge Higher As Trump Says Iran War Will End Quickly
Indian shares opened on a positive note Thursday, after having suffered heavy losses in the previous session amid renewed geopolitical tensions and a spike in crude oil prices.
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63 days ago
Australian Market Trims Early Losses In Mid-market
The Australian market is trimming its early losses in mid-market moves on Thursday, but extending the losses in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,750 level, with weakness across most sectors led by gold miners and technology stocks.
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63 days ago
Asian Markets Trade Mostly Higher
Asian markets are mostly higher on Thursday, following the mixed cues from Wall Street overnight, boosted by technology shares which mirrored their peers on tech-heavy Nasdaq amid optimism over AI-driven demand. Concerns remain about a re-escalation in the Middle East conflict after the U.S. and Iran exchanged fresh strikes, with US President Donald Trump declaring the U.S.-Iran ceasefire "over."
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63 days ago
Indian Shares Seen Tad Higher At Open After Wednesday's Selloff
Indian shares look set to open on a positive note Thursday, though volatility cannot be ruled out as investors react to renewed geopolitical tensions and a spike in crude oil prices.
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63 days ago
China Inflation Sinks 0.3% On Month In June
Overall consumer prices in China were up a seasonally adjusted 0.3 percent on month in June, the National Bureau of Statistics said on Thursday.
That missed expectations for a decline of 0.2 percent following the 0.1 percent drop in May.
On a yearly basis, consumer prices climbed 1.0 percent - again shy of expectations for an increase of 1.1 percent and down from 1.2 percent in the previous month.
The bureau also noted that producer prices were up 4.1 percent on year - in line with forecasts and up from 3.9 percent a month earlier.
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63 days ago
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