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DAX Slides As Investors Eye Fed Minutes
German stocks slipped into the red on Tuesday as rising geopolitical tensions dampened the mood and investors looked to the minutes of the latest Federal Reserve meeting, due on Wednesday, for directional cues.
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Australian, NZ Dollars Drop As Fed Concerns Weigh
The Australian and NZ dollars weakened against their major counterparts in the Asian session on Tuesday, on concerns over interest rate hikes from the Federal Reserve.
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Asian Shares Rise As Investors Await Fed Minutes
Asian stocks fell broadly on Tuesday as geopolitical tensions intensified and investors awaited the Federal Reserve minutes from Jan. 31-Feb. 1 policy meeting for directional cues.
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RBA Board Discussed 50 Bps & 25 Bps Rate Hikes, Minutes Show
Reserve Bank of Australia policymakers discussed only two options for its interest rate decision in February, either a quarter point or a half percentage point hike, completely abandoning the option of leaving rates unchanged as there was a risk that inflation could persist at an uncomfortably high level, minutes of the session held on February 7, revealed Tuesday.
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Meta Verified Subscription Service To Be Launched In Australia, New Zealand
Facebook and Instagram parent Meta Platforms Inc. plans to unveil a new subscription service, Meta Verified, as part of its efforts to increase authenticity and security across services. Chief Executive Officer Mark Zuckerberg in a Facebook post on Monday said the company plans to roll out the service in Australia and New Zealand this week and more countries soon.
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European Economic News Preview: Eurozone Flash PMI Data Due
Flash Purchasing managers' survey results from major European economies and economic sentiment from Germany are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for January. The budget deficit is seen narrowing to GBP 6.95 billion from GBP 27.4 billion in the previous month.
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Japan Private Sector Logs Steady Growth In February
Japan's private sector activity registered a steady growth in February as the sharp deterioration in manufacturing activity was offset by the robust improvement in the service sector, a closely watched survey showed on Tuesday. The flash au Jibun Bank composite output index remained unchanged at 50.7 in February, data published by S&P Global revealed.
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more news
European Shares Seen Lower As Investors Weigh Geopolitical Tensions
European stocks may open on a cautious note Tuesday as investors weigh geopolitical tensions and the prospect of more U.S. interest rate hikes.
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Sensex, Nifty Open Higher As Metal Stocks Gain On China Optimism
Indian shares opened a tad higher on Tuesday, with metal stocks leading the surge on optimism around China's economic recovery. Tata Steel and JSW Steel both rose over 1 percent.
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Sensex, Nifty Set For Cautious Start On Weak Asian Cues
Indian shares are seen opening flat to slightly lower on Tuesday as investors weigh the prospect that global central banks would continue to increase interest rates to combat inflation.
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Asian Shares Mostly Lower As Investors Await Fed Minutes
Asian stocks drifted lower on Tuesday, as investors reacted to weak purchasing manager index reports from Japan and Australia and kept a wary eye on the latest geopolitical developments.
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Swiss Stock Market Extends Friday's Gains
The Swiss stock market ticked higher on Monday, closing in the green for the second straight session and advancing more than 70 points or 0.6 percent in that span.
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European Markets Finish Mixed But Little Changed On Monday
The major European stock markets saw little movement in cautious trade on Monday, largely hugging the unchanged line before finishing on opposite sides of it.
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