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European Shares Slip Ahead Of Key Eurozone, US Data
European stocks fell on Friday and eyed their first weekly loss in eight as investors awaited euro area consumer and producer inflation reports as well as U.S. non-farm payrolls data later in the day for important clues as to whether the European Central Bank and the Federal Reserve would cut interest rates this year.
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FTSE 100 Drifts Lower On US Rate Uncertainty
U.K. stocks traded lower on Friday amid much uncertainty about the Federal Reserve's rate path.
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CAC 40 Slides Ahead Of Inflation Reports
French stocks fell notably on Friday, with interest-rate uncertainty and fears of an escalation of the Israel-Hamas war into a broader regional conflict keeping investors worried.
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DAX Slips As Retail Sales Disappoint
German stocks declined on Friday as investors awaited euro-zone inflation and U.S. payrolls data for important clues on the economic and rate outlook.
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UK House Prices To Fall 2%-4% This Year: Halifax
UK house prices increased for the third successive month in December, largely reflecting a shortage of properties, while they are expected to slump this year, the results of a survey by the Lloyds Bank subsidiary Halifax and S&P Global showed on Friday. House prices climbed 1.1 percent month-on-month in December, faster than the 0.6 percent increase in November.
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Asian Shares End On Muted Note Amid China Concerns
Asian stocks ended mostly lower in muted trade on Friday, with Chinese and Hong Kong markets leading regional losses on persistent concerns over economic recovery.
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Yen Drops As Asian Shares Traded Higher
The Japanese yen weakened against other major currencies in the Asian session on Friday, as Asian stock markets traded higher following the mostly positive cues from global markets overnight. Meanwhile, traders remain cautious amid renewed uncertainty about the outlook for interest rates following the release of the minutes of the U.S. Fed's latest monetary policy meeting earlier in the week.
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more news
Yen Drops Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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European Shares May See Cautious Start Ahead Of US Jobs Data
European stocks may open on a tepid note Friday as investors await the U.S. Labour Department's closely watched monthly jobs report later in the day for directional cues.
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European Economic News Preview: Eurozone Flash Inflation Data Due
Flash inflation from the euro area and house prices from the UK are the top economic news due on Friday. At 2.00 am ET, UK Halifax house price data is due. House prices are forecast to rise 0.1 percent on month in December, slower than the 0.5 percent rise in November.
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Sensex, Nifty Open Higher Led By IT Stocks
Indian shares traded higher on Friday despite mixed cues from global markets as resilient labor market data from the U.S. dampened expectations of multiple interest rate cuts by the Federal Reserve this year.
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Asian Markets Mostly Higher In Cautious Trades
Asian stock markets are trading mostly higher on Friday, following the mostly positive cues from global markets overnight, as traders remain cautious amid renewed uncertainty about the outlook for interest rates following the release of the minutes of the US Fed's latest monetary policy meeting earlier in the week. They now look ahead of the closely watched monthly US jobs report for further cues.
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Sensex, Nifty To See Muted Start As Traders Pare Rate Cut Bets
Indian shares may struggle for direction at open on Friday, tracking mixed cues from global markets as bond yields rose on doubts about how soon the Federal Reserve could start cutting interest rates.
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