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CAC 40 Gains As Iran Signals Progress In Talks On Israel-Hamas War
(RTTNews) - French stocks traded higher on Monday after Iranian Foreign Minister Hossein Amir-Abdollahian said on Saturday that his country did not want to see an expansion of the war in the region.
"Iran and Lebanon confirm that the war is not the solution, and we never want to expand the scope of the war," the top Iranian diplomat said during a joint press conference with his Lebanese counterpart Abdallah Bou Habib in Beirut and called on the United States to pressure Israel to stop the attacks on Gaza and the West Bank.
The benchmark CAC 40 was up 32 points, or 0.4 percent, at 7,679 after closing 0.2 percent lower on Friday.
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Japan Shares May Tick Lower Again On Friday
The Japan stock market on Thursday snapped the six-day winning streak in which it had surged more than 3,000 points or 7.3 percent. The Nikkei 225 now sits just beneath the 42,650-point plateau and it may remain stuck in neutral on Friday.
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29 minutes ago
New Zealand Manufacturing Sector Expands In July - BusinessNZ
The manufacturing sector in New Zealand moved up into expansion territory in July, BusinessNZ said on Friday with a seasonally adjusted Performance of Manufacturing Index score of 52.8.
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36 minutes ago
Japan GDP Data Due On Friday
Japan will on Friday release preliminary Q2 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.1 percent on quarter and 0.4 percent on year following the flat quarterly reading and the 0.2 percent contraction in the three months prior. Capex is seen higher by 0.5 percent on quarter, easing from 1.1 percent in Q1.
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1h 29min ago
U.S. Dollar Firms After Strong PPI Data
The U.S. dollar climbed against its major counterparts in the New York session on Thursday, following the release of hotter-than-expected producer inflation report for July.
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1h 38min ago
Canadian Market Remains In Negative Territory After Weak Start
The Canadian market, which opened on a weak note Thursday morning, continues to languish in negative territory well past noon, weighed down by losses in technology and industrials sectors.
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5h 42min ago
Swiss Market Ends Modestly Higher After Mild Struggle
The Switzerland market recovered after a flat start on Thursday, and after staying positive till well past noon, suffered a setback but regained some strength to eventually end the day's session modestly higher.
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6h 7min ago
Major European Markets Close On Positive Note
Amid expectations of a rate cut from the Federal Reserve in September, and hopes the meeting between the Presidents of the U.S. and Russia will help end the war in Ukraine, the major European markets closed on a positive note on Thursday, although the U.K. market underperformed other major markets in the region.
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6h 23min ago
U.S. Producer Price Growth Far Exceeds Estimates In July
Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand shot up by 0.9 percent in July after coming in unchanged in June. Economists had expected producer prices to rise by 0.2 percent.
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8h 51min ago
