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CAC 40 Slides As China Sanctions Pelosi Over Taiwan Visit
French stocks declined on Friday as U.S.-China tensions simmered and investors awaited the all-important U.S. jobs data due later in the day for clues on the pace of monetary policy tightening going ahead.
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DAX Holds Steady As Industrial Output Unexpectedly Rises
German stocks were little changed on Friday as investors awaited a key U.S. jobs report later in the day for clues about the strength of the world's largest economy.
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Asian Shares Advance Ahead Of US Jobs Data
Asian stocks rose on Friday as investors awaited an update on the U.S. jobs market later in the day for clues on the pace of monetary policy tightening going ahead.
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India Lifts Rate By 50 Bps To Tame Inflation
The Reserve Bank of India decided to raise its key interest rate by a steeper-than-expected 50 basis points on Friday, and to remain focused on the withdrawal of accommodation to bring inflation back to the tolerance band. The Monetary Policy Committee, led by Governor Shaktikanta Das, unanimously decided to hike its key interest rate, the repo, by 50 basis points to 5.40 percent.
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European Shares Seen Opening Up Ahead Of US Payrolls Report
European stocks may open higher on Friday as the focus shifts to the monthly U.S. jobs report due later in the day.
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European Economics Preview: Germany Industrial Output Data Due
Industrial production from Germany and France are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production data for June. Output is forecast to fall 0.3 percent month-on-month, reversing a 0.2 percent rise in May.
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Sensex, Nifty Slightly Higher Ahead Of RBI's MPC Meet
Indian shares were slightly higher in early trade on Friday ahead of the Reserve Bank of India's interest-rate decision later in the day.
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more news
Asian Markets Mostly Higher Amid Cautious Trades
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders mostly make their moves, tracking quarterly earnings updates. They also seem cautious in making significant moves ahead of the release of the US Labor Department's closely watched monthly jobs report later in the day, which could impact the outlook for interest rates.
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Sensex, Nifty Set For Steady Open Ahead Of RBI's Rate Decision
Indian shares may open slightly higher on Friday as investors await the outcome of the RBI policy meeting later in the day.
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Japanese Market Notably Higher
The Japanese stock market is notably higher on Friday, extending the gains in the previous two sessions, with the benchmark Nikkei 225 moving above the 28,100 level, following the mixed cues from Wall Street overnight, boosted by gains in exporters and technology stocks, which mirrored their peers on tech heavy Nasdaq.
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Australian Market Modestly Higher
The Australian stock market is modestly higher on Friday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 7,000 mark, following the mixed cues from Wall Street overnight, with strong gains in gold mining and most technology stocks partially offset by weakness in energy stocks after crude oil price tumbled.
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TSX Ends Slightly Higher After Moving In Tight Range
The Canadian market ended slightly up on Thursday after a moving above the flat line for almost the entire duration of the day's session.
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Dollar Drifts Lower Against Major Rivals Ahead Of Jobs Data
The U.S. dollar drifted lower against most of its major counterparts on Thursday as traders looked ahead to the crucial U.S. jobs data for the month of July.
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