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CAC 40 Edges Higher In Cautious Trade
(RTTNews) - French stocks were seeing modest gains on Thursday despite signs of weakening growth in China and Europe and uncertainty over interest rates.
The benchmark CAC 40 was up 0.2 percent at 7,205 after declining 0.8 percent the previous day.
Banks BNP Paribas, Credit Agricole and Societe Generale were subdued ahead of next week's ECB policy meeting.
The European Central Bank should raise interest rates next week, perhaps for the last time since inflation remained stubbornly high, Slovak policymaker Peter Kazimir said on Wednesday.
China-exposed LVMH rose 0.7 percent and Hermes added 0.6 percent after data showed Chinese exports and imports shrank less than expected in August.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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Euro Rises Amid Trump's Tariff Implementations
The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.
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FTSE 100 Moderately Lower; BoE Cuts Interest Rate By 0.25%
The U.K. market is down in negative territory a little past noon on Thursday, extending its morning weakness, as investors largely remain cautious despite the Bank of England (BoE) reducing interest rate by a quarter percentage point this noon.
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hace 37 minutos
DAX Up Sharply As Investors React Positively To Earnings
German stocks are up sharply on Thursday, with investors shrugging tariff concerns and going on a buying spree across the board, focusing mostly on earnings. A report showing a growth in the nation's exports in the quarter ended June is aiding sentiment, somewhat outweighing the data showing a sharp drop in industrial output in the month fof June.
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hace 1h 3min
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Thursday.
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hace 1h 13min
German Industrial Output Declines Most In 11 Months
Germany's industrial production logged its biggest fall in nearly a year in June, data from Destatis revealed on Thursday. Industrial output decreased 1.9 percent on a monthly basis in June, worse than the economists' forecast of 0.4 percent drop. This was the biggest fall since July 2024.Production for May was revised down from the initially estimated 1.2 percent increase.
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hace 1h 25min
Indian Rupee Rises To 3-day High Against U.S. Dollar
The Indian rupee strengthened against the U.S. dollar in the Asian session on Thursday, as the monetary policy outlook from the Reserve Bank of India (RBI) helped the Indian currency amid rising trade tensions with the United States (US).
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hace 1h 39min
Sensex, Nifty End Marginally Higher After Early Losses
Indian shares reversed early losses to end on a flat note Thursday. A cautious undertone prevailed after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.
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hace 1h 48min
