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CAC 40 Edges Higher As Investors Await Key US Data
(RTTNews) - French stocks rose slightly on Monday as investors awaited a slew of U.S. data, including the all-important CPI report for January, due this week for further clarity on the rate outlook.
The benchmark CAC 40 was up 27 points, or 0.4 percent, at 7,157 after declining 0.8 percent on Friday.
Renault rose about 1 percent. The French automaker and Japanese automotive firm Nissan Motor Co., have announced plans to invest $600 million or 5300 crores Indian rupees in India, supporting the production of six new models, including two electric vehicles.
Drug major Sanofi was marginally higher. The company announced that John Reed, its Global Head of R&D, will be leaving the role to pursue a new opportunity outside the company.
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German Unemployment Exceeds 3 Mln
Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
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30 minutos atrás
U.S. PCE Price Index Increased In Line With Estimates In July
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.
RTTNews
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43 minutos atrás
Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus
Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.
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59 minutos atrás
Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus
Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.
RTTNews
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1h 37min atrás
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews
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1h 44min atrás
FTSE 100 Weak Again, Looks Headed For Weekly Loss
U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews
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2h 17min atrás
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
RTTNews
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2h 24min atrás
French Stocks Mostly Subdued In Cautious Trade
The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.
RTTNews
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2h 35min atrás
