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CAC 40 Edges Higher As Investors Await FOMC Minutes
(RTTNews) - French stocks edged higher on Monday amid expectations that falling inflation across industrialized countries will prompt global central banks to start cutting interest rates next year.
Investors await comments from a number of central bankers later today, including Bank of France Governor de Galhau, Bank of Spain Governor de Cos and Bank of England Governor Bailey.
Minutes from the Federal Reserve's last meeting earlier this month are due to be released Tuesday and could shed further light on the central bank's considerations.
The minutes could influence a potential rebound or continuation of the rally in U.S. bond yields.
The benchmark CAC 40 was up 13 points, or 0.2 percent, at 7,247 after gaining 0.9 percent on Friday.
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South Korea Producer Prices Rise 0.4% In July
Producer prices in South Korea were up 0.4 percent on month in July, the Bank of Korea said on Thursday.
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New Zealand Trade Data On Tap For Thursday
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The Swiss franc jumped against its major counterparts in the New York session on Wednesday.
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4h 28min ago
TSX Modestly Higher As Materials, Energy Stocks Gain
The Canadian market is modestly higher Wednesday afternoon, lifted by strong gains in materials and energy sectors.
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4h 43min ago
Swiss Market Ends On Firm Note
After a weak start and a subsequent drop to lower levels, the Switzerland market recovered and stayed subdued till around mid morning on Wednesday, but kept edging higher as the day progressed to eventually ended the session on a firm note.
Optimism about a potential peace deal between Russia and Ukraine supported the market.
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5h 10min ago
European Stocks Closed On Mixed Note
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Target Q2 Down, Yet Beats Street, Backs FY25 View, Names Michael Fiddelke CEO; Shares Hit
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