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The DAX market is projected to begin the day without significant movements on Thursday, March 20, 2025. The markets of Asia showed poor performance due to rising worries about the economy. The Nikkei 225 of Tokyo stocks fell 0.25% to 37,751.88, and the Shanghai Composite lost 0.38% to 3,413.14. Following downturns Hong Kong’s Hang Seng index registered a 1.62% loss by closing at 24,368.67 points on the trading session.
Deutsche Bank has launched a significant restructuring plan by reducing its workforce by 2,000 staff members this year as part of its corporate development efforts.
The U.S. Federal Reserve Board keeps its benchmark interest rate between 4.25% to 4.5% to achieve economic expansion and prevent rising inflation. The Chinese central bank keeps its reference interest rate steady because its team believes that market instability requires careful management.
