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CAC 40 Declines With Inflation Data In Focus
(RTTNews) - French stocks were moving lower on Thursday as investors awaited the release of key euro zone inflation data for directional cues.
European Central Bank President Christine Lagarde told Spanish television show Espejo Publico on Thursday that interest-rate increases may need to continue beyond a planned half-point move in two weeks' time.
The benchmark CAC 40 was down 44 points, or 0.6 percent, at 7,190 after losing half a percent in the previous session.
Technip Energies shares rallied 3.2 percent. The engineering firm, focused on energy industry, posted a rise in earnings for 2022 on lower revenue.
Resource-management firm Veolia Environnement declined 1.6 percent despite reporting a rise in FY22 net income and revenue, helped by its merger with Suez.
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European Shares Poised For Weak Start As Fed Rate Cut Hopes Fade
European stocks may drift lower on Tuesday as investors fret about Fed independence and await Nvidia earnings due Wednesday for guidance and signs the AI market remains robust.
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19 minutes ago
Sensex, Nifty Deep In The Red On Tariff Worries
Indian shares opened on a sluggish note on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
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1h 8min ago
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.
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2h 22min ago
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.
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2h 43min ago
Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs
Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.
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3h 14min ago
Lower Open Called For Thai Stock Market
The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday.
The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
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3h 54min ago
Japanese Market Significantly Lower
The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.
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4h 21min ago
Indonesia Bourse May Hand Back Monday's Gains
The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday.
The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews
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4h 24min ago
