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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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CAC 40 Up Nearly 1%
French stocks gaining some ground in positive territory on Friday, continuing their upmove for the fourth consecutive session and expectations the meeting between U.S. President Donald Trump and Russian President Vladimir Putin will help bring about an end to the ongoing war in Ukraine.
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19 minutes ago
DAX Up Nearly 0.5%, Hits 5-week High
German stocks are up in positive territory on Friday, rising for the third consecutive session, and the benchmark DAX has hit a more than 5-week high, as some strong earnings updates and hopes about a positive outcome from U.S. President Donald Trump and Russian President Vladimir Putin's meeting help underpin sentiment.
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37 minutes ago
European Shares Extend Gains With Focus On Putin-Trump Talks
European stocks held near five-month highs on Friday amid hopes the Trump-Putin summit in Alaska might help end the war in Ukraine.
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1h 19min ago
Asian Shares Mostly Higher With Ukraine Talks In Focus
Asian stocks ended mostly higher on Friday as investors reacted to mixed economic data from China and Japan, and awaited the outcome of the Alaska summit between U.S. and Russian Presidents.
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1h 41min ago
China Economic Data Disappoints
China's industrial production, retail sales and fixed asset investment registered weaker-than-expected growth in July, strengthening calls for further policy support to rebalance the economy towards consumption. Industrial production grew 5.7 percent in July from a year ago, following June's 6.8 percent increase, the National Bureau of Statistics reported Friday.
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2h 9min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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2h 22min ago
NZ Dollar Falls On Soft China Data
The New Zealand dollar weakened against other major currencies in the Asian session on Friday, after China's industrial production and retail sales logged slower growth in July.
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2h 47min ago
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
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3h 35min ago
