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Japanese Yen Falls On Fed/BoJ Divergence
The Japanese yen lost ground on Friday, amid a growing monetary policy divergence between the Federal Reserve and the Bank of Japan.
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Sensex Slumps 888 Points Dragged Down By IT Stocks; Nifty Dips Below 19,750
Indian shares tumbled on Friday, with IT stocks suffering heavy losses after Infosys reported its weakest June quarter revenue growth since FY21 and slashed its annual sales forecast for the current fiscal year.
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European Shares Mixed In Cautious Trade
European stocks traded mixed on Friday after three consecutive sessions of gains.
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FTSE 100 Holds Steady After Strong Retail Sales Data
U.K. stocks were marginally higher on Friday after official data showed U.K. retail sales grew more than expected in June.
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CAC 40 Edges Up As Bond Yields Slip Ahead Of Central Bank Meetings
French stocks were a tad higher on Friday as Treasury yields dipped ahead of central bank meetings in the U.S., Europe and Japan next week.
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DAX Slips On Rate Hike Worries
German stocks traded lower on Friday amid fears that central banks may not be done with interest-rate hikes.
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Asian Shares Subdued Before Key Central Bank Meetings
Asian stocks ended on a muted note Friday as fresh U.S. labor market data spurred concerns that the Federal Reserve will keep interest rates higher for longer to rein inflation.
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more news
European Shares To Slip After Recent Gains
European stocks may slip on profit taking Friday after three consecutive sessions of gains.
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Chinese Yuan Rises To 4-day High Against U.S. Dollar
The Chinese yuan strengthened against the U.S. dollar in the Asian session on Friday.
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European Economic News Preview: UK Retail Sales & Public Sector Finance Data Due
Retail sales and public sector finances from the UK are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector finances figures. Retail sales are forecast to grow 0.2 percent on month in June, slower than the 0.3 percent increase in May.
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Sensex Down Over 600 Points; Nifty Nears 19,800
Indian shares tumbled in early trade on Friday as IT stocks suffered heavy losses on concerns of weak outlook.
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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, dragged by weakness in technology stocks, which mirrored their peers on the tech-heavy Nasdaq. Traders also remain cautious ahead to next week's US Fed monetary policy meeting, where the Fed is widely expected to raise interest rates by another quarter point.
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Sensex, Nifty Seen Tad Lower; IT Stocks In Focus
Indian shares are seen opening a tad lower on Friday, with IT stocks likely to be in focus after Infosys reported its weakest June quarter revenue growth since FY21 and slashed its annual sales forecast for the current fiscal year.
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