German shares head for weekly decline

Source: Bloomberg
German shares retreated for a third straight day and are set for their biggest one-week decline in more than a month on weaker emerging-market currencies. The regional benchmark DAX Index fell 1.3% to 9,508.53 as of 12:46 p.m. Frankfurt time, reversing previous gains of 0.3% and the gauge has slipped 2.4% weekly. The HDAX Index slid 1.4%.

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