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CAC 40 Edges Higher In Cautious Trade
(RTTNews) - French stocks were seeing modest gains on Thursday despite signs of weakening growth in China and Europe and uncertainty over interest rates.
The benchmark CAC 40 was up 0.2 percent at 7,205 after declining 0.8 percent the previous day.
Banks BNP Paribas, Credit Agricole and Societe Generale were subdued ahead of next week's ECB policy meeting.
The European Central Bank should raise interest rates next week, perhaps for the last time since inflation remained stubbornly high, Slovak policymaker Peter Kazimir said on Wednesday.
China-exposed LVMH rose 0.7 percent and Hermes added 0.6 percent after data showed Chinese exports and imports shrank less than expected in August.
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Asian Shares Climb On Trade Talk Optimism
Asian stocks advanced on Wednesday after top U.S. and Chinese officials said they have reached a framework to implement the Geneva consensus, following two days of discussions in London.
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21 minutes ago
Commodity Currencies Slide Amid Crude Oil Price Drop
The commodity currencies such as the Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Wednesday amid crude oil price drop, as markets awaited the outcome of US-China trade talks, which have yet to be approved by President Donald Trump, with China's poor oil demand and OPEC+ output increases weighing on the market.
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48 minutes ago
European Shares Seen Tad Lower At Open
European stocks may drift lower on Wednesday as market participants assess the outcome of U.S.-China trade negotiations.
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3h 19min ago
Sensex, Nifty Marginally Higher In Lackluster Trade
Indian shares were marginally higher on Wednesday after top U.S. and Chinese officials agreed on a "framework" to move forward on trade, following two days of high-level talks in London.
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4h 30min ago
Australian Market Trims Early Gains In Mid-market
The Australian market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,600 level to fresh all-time highs, following the positive cues from Wall Street overnight, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
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5h 31min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing trade war tensions after top U.S. and Chinese officials agreed upon a "framework" to move forward on trade, following two days of high-level talks in London. The framework will first need to be approved by leaders in Washington and Beijing.
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5h 55min ago
Sensex, Nifty Set For Muted Start
Indian shares are seen opening little changed on Wednesday despite top U.S. and Chinese officials agreeing on a "framework" to move forward on trade, following two days of high-level talks in London.
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6h 24min ago
Thai Bourse May Extend Tuesday's Gains
The Thai stock market on Tuesday ended the two-day slide in which it had slipped more than 5 points or 0.4 percent. The Stock Exchange of Thailand now rests just beneath the 1,140-point plateau and it may tick higher again on Wednesday.
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6h 55min ago
