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Safe-haven Demand Limits Dollar's Tariff-led Losses Last Week
The U.S. Dollar extended losses during the week ended June 13 amidst persisting concerns about trade tariffs and the potential impact on the U.S. economy.
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Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Monday.
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DAX Rises Amidst Cautious Optimism
Amidst a mood of caution, the DAX index that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange gained more than a quarter percent on Monday.
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European Shares Edge Higher In Cautious Trade
European stocks traded higher on Monday as world leaders gathered in Canada for the G7 summit, which will address global security, economic resilience, and tech cooperation. Discussions to resolve the Middle East crisis will also be a top priority.
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Yen Falls Amid Risk-on Mood, Focus On BoJ Rate Decision
The Japanese yen weakened against other major currencies in the Asian session on Monday amid increased risk-on mood by the investors, boosted by strong gains in energy and mining stocks amid spiking commodity prices following the escalation in geopolitical tensions in the Middle East.
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Asian Shares Rise On Mixed China Data
Asian stocks ended mostly higher on Monday as investors reacted to escalating tensions in the Middle East and a mixed bag of data from China.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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Vita Warehouse Recalls Select Gummy Products For Risk Of Undeclared Peanut
Vita Warehouse Corp. has called back one lot of select Welby, Berkely Jensen and VitaGlobe branded gummy products citing the potential presence of undeclared peanuts, a known allergen, according to the U.S. Food and Drug Administration. The impacted products were distributed at ALDI and BJ's retail stores across the Unites States and online at aldi, bjs, vitaglobe and amazon sites.
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European Shares Seen Tad Lower At Open
European stocks may open flat to slightly lower on Monday as the deadly conflict between Israel and Iran entered its fourth day, with both sides firing new waves of missiles overnight.
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Sensex, Nifty Fluctuate As Investors Watch Israel-Iran News
Indian shares fluctuated in early trade on Monday as the Israel-Iran conflict continued to escalate, with Israeli military claiming its attack on Iran eliminated high-value targets, and Iranian authorities confirming damage to four critical buildings at the Isfahan uranium conversion facility.
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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 Monday, recouping some of the losses in the previous two sessions, despite the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,550.00 level, with gains in iron ore miners and energy stocks partially offset by weakness in financial stocks.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Monday, despite the broadly negative cues from Wall Street on Friday, boosted by strong gains in energy and mining stocks amid spiking commodity prices following the escalation in geopolitical tensions in the Middle East. However, concerns of the tensions triggering a full-blown conflict in the Middle East continue to weigh on the markets.
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Sensex, Nifty Set To Follow Asian Peers Higher
Indian shares look set to open on a positive note Monday, mirroring firm cues from Asia and small gains in U.S. equity futures as investors watch the ongoing hostilities between Israel and Iran, which have now entered the fourth day.
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