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Eurozone Investor Confidence Highest Since May - Sentix

Eurozone Investor Confidence Highest Since May - Sentix

Euro area investor sentiment rose for a second straight month in December, raising expectations for an economic turnaround at the start of the next year, survey data from the behavioral research institute Sentix showed Monday. The Sentix investor confidence index climbed to -16.8 from -18.6 in November. Economists had forecast a reading of -15.0. The score was the highest since May this year.
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European Markets Trend Mostly Up

European Markets Trend Mostly Up

European shares are mostly higher in the mid day trading on Monday amid growing Fed rate cut expectations. Investors remain cautious ahead of the release of PMI and inflation readings from Germany as well as crucial jobs data from the U.S. In economic news, data released earlier in the day showed exports from Germany unexpectedly fell by 0.2 percent, while economists were looking for a 1.1 percent
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Spotify To Cut About 17% Staff

Spotify To Cut About 17% Staff

Spotify Technology SA, a provider of digital music, podcast, and video service, said it is eliminating total headcount by around 17% across the company amid its efforts to cut costs to become "productive and efficient." The decision will affect around 1,500 employees, reports said. In pre-market activity on the NYSE, Spotify shares were gaining more than 2 percent.
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Yen Advances Against Majors

Yen Advances Against Majors

The safe-haven yen strengthened against other major currencies in the Asian session on Monday, as the major currencies failed to sustain their strength due to profit taking.
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German Exports Fall Unexpectedly

German Exports Fall Unexpectedly

Germany's exports and imports declined unexpected in October amid the weaker trade activity within Europe, preliminary figures from the statistical office Destatis showed Monday. Exports decreased for a second month in a row, down a calendar and seasonally adjusted 0.2 percent month-on-month, while economists were looking for a 1.1 percent gain. In September, shipments fell 2.5 percent.
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Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Monday.
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European Markets Seen Opening On A Weak Note

European Markets Seen Opening On A Weak Note

Major stock markets in Europe are seen opening the new week on a weak note as anxiety ahead of non-farm payrolls data from the U.S., inflation and balance of trade data from China etc. weigh on sentiment.
RTTNews | Před 607 dny

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