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CAC 40 Slips Amid Geopolitical Tensions
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(RTTNews) - French stocks were subdued on Tuesday amid much uncertainty about the rate outlook in Europe and the United States.
Geopolitical tensions also remained in focus after Russian President Vladimir Putin acknowledged for the first time that "radical Islamists" were responsible for last week's attack on a concert hall outside Moscow and that Ukraine was also somehow involved.
"We know that the crime was committed by the hands of radical Islamists, whose ideology the Islamic world itself has been fighting for centuries", Putin said in a televised meeting.
The benchmark CAC 40 was down 11 points, or 0.1 percent, at 8,140 after finishing marginally lower the previous day.
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The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
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Higher Open Called For Japan Stock Market
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KOSPI May Reclaim 3,200-Point Level
The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
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Korea Interest Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
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Swiss Franc Advances Against Majors
The Swiss franc climbed against its major counterparts in the New York session on Wednesday.
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European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
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Euro Falls Amid Political Uncertainty
The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
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Bay Street Likely To Open On Positive Note
Canadian shares are likely to open on a positive note on Wednesday, riding on strong earnings from Royal Bank of Canada and National Bank of Canada. Weak commodity prices and concerns on the geopolitical and tariffs front may weigh limit market's upside.
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hace 11h 42min