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CAC 40 Advances In Cautious Trade
French stocks are moving higher on Wednesday, outperforming other major markets in Europe, thanks to strong buying at several counters, ahead of the Federal Reserve's monetary policy announcement, due later in the day.
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Iceland Cuts Key Interest Rate For Fourth Straight Time
Iceland central bank lowered its benchmark rate for the fourth consecutive meeting on Wednesday, but policymakers stressed on the need for caution in future as inflationary pressures remain, and in view of the heighted global economic uncertainty. The Monetary Policy Committee of the Central Bank of Iceland, led by Governor Asgeir Jonsson, unanimously reduced the seven-day term deposit rate by 25
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Sensex, Nifty End Tad Higher Led By Metal Stocks; IT Stocks Decline
Indian shares edged up slightly on Wednesday despite mixed cues from global markets amid optimism surrounding a potential Russia-Ukraine truce and ahead of the Federal Reserve policy decision.
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DAX Recovers From Early Setback, Down Marginally In Cautious Trade
After closing the previous session on a firm note following the passage of a massive spending plan, German stocks are mostly subdued on Wednesday as investors await the Federal Reserve's monetary policy announcement later in the day.
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European Shares Subdued Ahead Of Fed Verdict
European stocks were subdued on Wednesday after rising in the previous session on Germany's approval for a massive spending surge.
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Asian Shares Mixed Amid Middle East Tensions
Asian stocks ended mixed on Wednesday as Middle East tensions escalated, and investors awaited the Federal Reserve's projections for economic growth and inflation against the backdrop of U.S. President Donald Trump's aggressive stance on tariffs.
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Yen Falls As BoJ Keeps Interest Rate Steady
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, after the Bank of Japan left its interest rate unchanged after hiking the rate by a quarter-point early this year, amid rising concerns about the U.S. trade policies and its impact on economic activity and prices.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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European Shares Poised For Mixed Open
European stocks may open on a mixed note Wednesday, with geopolitical tensions and the Fed's interest-rate decision likely to be in the spotlight.
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Bank Of Japan Holds Key Rate As Expected
The Bank of Japan left its interest rate unchanged after hiking the rate by a quarter-point early this year, amid rising concerns about the US trade policies and its impact on economic activity and prices. At a two-day meeting that ended on Wednesday, the policy board, governed by Kazuo Ueda, unanimously decided to maintain the uncollateralized overnight call rate to around 0.5 percent.
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Sensex, Nifty Little Changed; IT Stocks Drag
Indian shares struggled for direction on Wednesday after a two-day rally. A cautious undertone prevailed as investors weighed geopolitical tensions and waited for the Federal Reserve to provide an update on the rate outlook.
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Wednesday, following the broadly negative cues from Wall Street overnight, as traders remain cautious ahead to the interest rate decisions by the US Fed and the Bank of Japan later in the day. Concerns about the rising uncertainty and impact of President Donald Trump's trade policies continued to weigh along with worries about the economic outlook.
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Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market trading on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 staying well below the 7,900 level, following the broadly negative cues from Wall Street overnight, with a mixed performance across most sectors.
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