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FTSE 100 Marginally Lower In Lackluster Trade
(RTTNews) - U.K. stocks were subdued on Tuesday as traders look ahead to the Easter break and the release of the Federal Reserve's preferred measure of underlying U.S. inflation.
The benchmark FTSE 100 was marginally lower at 7,914 after declining 0.2 percent on Monday.
Grocery delivery service Ocado rose about 2 percent after it reported strong Q1 performance with 10.6 percent revenue growth year-on-year.
Flutter Entertainment was also up nearly 2 percent after announcing strong financial results for 2023.
Smiths Group jumped 3 percent. The engineering group has launched a £100m share buyback after posting strong half-year earnings results.
Housebuilder Bellway dropped 1 percent after pretax profit fell for the first half.
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U.S. Dollar Falls Amid Fed Rate Cut Speculation
The U.S. dollar weakened against other major currencies in the late Asian session on Tuesday, as traders remain optimistic about the outlook for interest rates following last week's weaker-than-expected US jobs data. They also remain cautious ahead of key U.S. inflation readings due later in the week that could influence the US Fed's rate trajectory.
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hace 17 minutos
CAC 40 Modestly Higher; Renault, Dassault Systemes Among Top Gainers
The French market is modestly higher on Tuesday with investors somewhat shrugging off data showing a drop in the nation's industrial production in July. Concerns on the political front appear to be weighing on sentiment and limiting market's upside.
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hace 26 minutos
Sensex, Nifty End Higher Led By IT Stocks
Indian shares ended modestly higher on Tuesday, tracking mostly positive cues from global markets as weakening labor market data and pressure from the Trump administration bolstered the case for a jumbo rate cut at the U.S. Federal Reserve's upcoming FOMC meeting on September 16-17.
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hace 31 minutos
DAX Drifts Lower In Cautious Trade
After a weak start and a subsequent recovery that resulted in a brief spell in positive territory, the German market slipped Tuesday morning, with investors largely staying cautious while looking ahead to the European Central Bank's monetary policy meeting, and some crucial economic data from the U.S. this week.
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hace 1h 3min
Australia Business Conditions Improve; Confidence Falls
Australia's business conditions improved in August but confidence weakened after four consecutive increases, survey results from NAB showed Tuesday. The business conditions gained two points to 7 in August and remained around its long-run average. The improvement in August reflected gains in employment and profitability, while trading conditions stayed unchanged compared to the prior month.
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hace 1h 11min
European Shares Mixed Before US Inflation Data
European stocks were mixed on Tuesday, with France's political crisis and upcoming U.S. inflation data in the spotlight.
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hace 1h 34min
Asian Shares Mixed Before Key US Inflation Data
Asian stocks turned in a mixed performance on Tuesday amid global political turmoil and ahead of key U.S. inflation readings due this week that could influence the Federal Reserve's rate trajectory.
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hace 2h 15min
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the late Asian session on Tuesday.
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hace 3h 21min
