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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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Pound Rises Against Most Majors
The British pound strengthened against most major currencies in the European session on Thursday.
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Sensex, Nifty End Little Changed As Traders Eye US-Russia Talks
Indian shares ended marginally higher on Thursday, tracking mixed cues from global markets.
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Eurozone GDP Rises 0.1% As Estimated
The euro area economy grew at a marginal pace in the second quarter as initially estimated, and companies generated jobs modestly, official data showed on Thursday.
Another data from Eurostat showed that industrial production remained weak in the second quarter as the positive impact from frontloading of orders from the US faded.
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DAX Modestly Higher As Investors Focus On Earnings
The German market is up in positive territory on Thursday, extending gains from the previous session, with investors continuing to focus on earnings and economic data, and hoping for an interest rate cut by the Federal Reserve next month. Focus is also on the upcoming meeting between U.S. President Donald Trump and Russian President Vladimir Putin.
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