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CAC 40 Inches Higher As Banks Climb Ahead Of Fed Decision
(RTTNews) - French stocks were moving higher on Wednesday as investors await the FOMC interest-rate decision later in the day.
The Federal Reserve may opt to maintain its current interest rates despite inflation remaining at levels above target range.
Focus will be on Fed Chair Jerome Powell's comments on inflation and the economy. The benchmark CAC 40 was up 25 points, or 0.4 percent, at 7,307 after finishing marginally higher the previous day.
Banks traded higher, with BNP Paribas, Credit Agricole and Societe Generale rising between 0.9 percent and 1.3 percent.
Automaker Renault was marginally higher after data showed EU car sales grew 21 percent in August.
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Rebound Anticipated For Taiwan Stock Market
The Taiwan stock market on Thursday wrote a finish to the three-day winning streak in which it had jumped more than 750 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 24,230-point plateau although it figures to bounce higher again on Friday.
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10 minit yang lalu
Japan Retail Sales Add 0.3% In July
The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.335 trillion yen.
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36 minit yang lalu
Singapore Stock Market May Add To Its Winnings On Friday
The Singapore stock market has finished higher in consecutive trading days, gathering more than 10 points or 0.25 percent in that span. The Straits Times Index now sits just above the 4,250-point plateau see additional support on Friday.
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40 minit yang lalu
Japan Industrial Output Sinks 1.6% In July
Industrial production in Japan was down a seasonally adjusted1.6 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.
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41 minit yang lalu
Japan Jobless Rate Falls To 2.3% In July
The unemployment rate in Japan came in at a seasonally adjusted 2.3 percent in July, the Ministry of Internal Affairs and Communications said on Friday.
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58 minit yang lalu
Tokyo Overall Inflation Climbs 2.6% On Year In August
Overall consumer prices in the Tokyo region of Japan - considered a leading indicator for the national trend - were up 2.6 percent on year in August, the Ministry of Communications and Internal Affairs said on Friday.
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1j 2min yang lalu
Malaysia Shares Tipped To Remain Rangebound On Friday
The Malaysia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it may tick higher again on Friday.
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1j 10min yang lalu
South Korea July Industrial Production Rises 0.3%
Industrial output in South Korea added a seasonally adjusted 0.3 percent on month in July, Statistics Korea said on Friday.
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1j 15min yang lalu
