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German Economic Sentiment Rises In September
German economic confidence improved in September but financial market experts remained cautiously optimistic, a monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW indicator of economic confidence rose unexpectedly to 37.3 in September from 34.7 in the previous month. The score was expected to fall to 27.3.
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Sensex, Nifty End Notably Higher As India-US Trade Talks Resume
Indian shares rose notably on Tuesday as the U.S. and India stepped up talks to resolve their trade tensions, with two separate teams of officials meeting in New Delhi this week, following weeks of diplomatic friction.
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European Shares Subdued Ahead Of Fed Meeting
European stocks were flat to slightly lower on Tuesday and the U.S. dollar slipped to an over two-month low ahead of the start of a two-day policy meeting of the Federal Reserve later in the day, with traders eyeing a widely expected 25 bps rate cut.
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U.S. Dollar Falls Amid Fed Rate Cut Speculation
The U.S. dollar weakened against other major currencies in the Asian session on Tuesday, as traders have already factored in a rate cut by the US Fed as a "certainty."
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Asian Shares Gain After Wall Street Rally; Tech Stocks Lead Surge
Asian stocks rose broadly on Tuesday in anticipation of a Federal Reserve rate cut when the U.S. central bank announces its monetary policy decision on Wednesday.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Tuesday.
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Amazon Prime Big Deal Days On October 7-8
Kicking off the holiday shopping season, Amazon has announced the retun of Prime Big Deal Days, its major deal event, on October 7 to 8, with millions of exclusive and early deals for Prime Members. Along with the U.S., Prime Big Deal Days will begin on October 7 in Australia, Belgium, Brazil, Canada, France, Germany, Italy, Japan, Netherlands, Poland, Singapore, Spain, Sweden, and the UK.
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European Economic News Preview: UK Unemployment Data Due
Unemployment from the UK and economic sentiment from Germany are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK unemployment data. The jobless rate is seen unchanged at 4.7 percent in the three months to July.
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European Shares Seen Opening Up Ahead Of Fed Meeting
European stocks are likely to open higher on Tuesday as a two-day policy meeting of the U.S. Federal Reserve gets underway today amid expectations of a larger-than-expected rate cut.
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Sensex, Nifty Open Higher As Trade Talks Resume
Indian shares opened on a positive note Tuesday as Indian and U.S. officials restart trade talks, aiming to resolve tariff dispute and revive stalled deal.
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Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Tuesday, recouping the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,850 level, with gains across most sectors led by mining and technology shares.
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and optimistic about an interest rate cut by the US Fed ahead of the Fed's monetary policy announcement on Wednesday. Traders have already factored in a rate cut by the US Fed as a "certainty." Asian markets closed mixed on Monday.
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Sensex, Nifty Set For Cautious Start
Indian shares look set to open on a flat note on Tuesday despite mostly positive cues from global markets.
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