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DAX Marginally Lower As Investors Await Clues On Rate Cuts
(RTTNews) - German stocks were subdued on Tuesday as investors awaited the European Central Bank's policy meeting due later this week for signals on when the central bank will consider its first interest-rate cut.
The downside remained capped after media reports suggested that Chinese policymakers are weighing measures to stave off a slump in the country's stock markets and boost investor confidence.
The benchmark DAX was marginally lower at 16,681 after gaining 0.8 percent in the previous session. The euro traded near one-week high against the dollar.
Among the prominent gainers, meal delivery company HelloFresh jumped more than 6 percent Siemens Energy rallied 3.3 percent, Volkswagen rose about 1 percent and Zalando added 2.7 percent.
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U.S. Housing Starts Unexpectedly Surge 5.2% In July
A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July.
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hace 49 minutos
Swiss Franc Rises Despite Russia-Ukraine Peace Deal Hopes
The safe-haven Swiss franc strengthened against other major currencies in the European session on Tuesday, despite expectations for a peace agreement between Russia and Ukraine.
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Bay Street May Open On A Slightly Positive Note
Canadian shares look headed for a slightly positive start on Tuesday, tracking steady European markets amid hopes of a Russia-Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good."
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FTSE 100 Modestly Higher
The UK stock market is modestly higher a little past noon on Tuesday amid expectations of a Ukraine peace deal. Investors are also looking ahead to the Federal Reserve's economic symposium at Jackson Hole, Wyoming, that gets underway on Thursday.
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Tuesday.
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hace 2h 30min
CAC 40 Rises 0.8% As Ukraine Peace Deal Hopes Lift Sentiment
The French market is notably higher on Tuesday as investors pick up stocks amid hopes of a Russia - Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".
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hace 2h 56min
Home Depot Q2 Profit Down, Misses Street, But Comps Rise; Backs FY25 Outlook
Home Depot Inc. reported Tuesday slightly lower profit in its second quarter, despite higher sales and comparable sales. Meanwhile, Adjusted earnings per share and top line missed market estimates. Further, the company maintained its outlook for fiscal 2025 earnings and sales growth.
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hace 3h 2min
Sensex, Nifty Extend Gains On Economic Optimism
Indian shares rose modestly on Tuesday, extending gains from the previous session amid hopes that Prime Minister Modi's recent GST reforms will potentially ease inflation and pave the way for further rate cuts by the Reserve Bank of India (RBI).
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