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CAC 40 Little Changed As Yields Climb On Fading Rate Cut Hopes
(RTTNews) - French stocks were little changed on Monday amid facing expectations of an early rate cut in the U.S.
The dollar and bond yields remained supported after government data showed U.S. job growth surged unexpectedly in December.
The yields on the European 10-year benchmark note and the German 10-year rose for a third straight session ahead of U.S. consumer price inflation and producer price inflation data due this week.
The benchmark CAC 40 was marginally higher at 7,422 after losing 0.4 percent on Friday. Casino shares fell about 1 percent. The retail company said that the European Commission has authorized a consortium led by Daniel Kretinsky to take control of the Group as part of the financial restructuring.
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Swiss Market Ends Marginally Down
Despite staging a recovery in the final hour of the day's trading session, the Switzerland market ended marginally down on Tuesday.
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Před 3 h 5 min
European Stocks Close Mostly Higher
European markets closed mostly higher on Tuesday, supported by gains in defense sector amid renewed concerns about tensions in the Middle East, and a lack of progress in Russia-Ukraine peace efforts. Slightly easing U.S.-China trade tensions, and expectations of a resolution to the government shutdown in the U.S. aided sentiment.
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Před 3 h 28 min
Canadian Stocks Tumble As Falling Metal Prices, Hot Inflation Data Trigger Sell-off
The Canadian market is down sharply on Tuesday after data showing a bigger than expected increase in the nation's consumer price inflation in the month of September curbed bets on an interest rate cut by the Bank of Canada next week.
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Před 4 h 37 min
Bay Street May Open On Subdued Note; CPI Data In Focus
Slightly lower Canadian and U.S. futures, and weak bullion prices point to a negative start for the Canadian market on Tuesday. Investors will also be reacting to Canadian consumer price inflation data.
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Před 9 h 19 min
FTSE 100 Climbs Higher; Segro, HSBC Holdings Post Strong Gains
The FTSE 100 index of the U.K. market is modestly higher on Tuesday with investors picking up stocks ahead of quarterly earnings announcements from big name companies, due from this week. Slightly easing U.S.-China trade tensions appear to be aiding sentiment a bit.
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Před 9 h 46 min
CAC 40 Advances; Edenred Soars On Strong Earnings
French stocks are modestly higher on Tuesday amid slightly easing U.S.-China trade tensions, and expectations of a resolution to the government shutdown in the U.S. Investors are reacting to some corporate earnings updates
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Před 10 h 13 min
UK Budget Deficit Overshoots Estimate
The UK budget deficit surpassed the official estimate in the financial year to September, reaching the second highest level on record due to higher debt costs, data from the Office for National Statistics showed on Tuesday. In the first half of the year, public sector net borrowing rose by GBP 11.5 billion from the last year to GBP 99.8 billion.
RTTNews
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Před 10 h 36 min
DAX Modestly Lower In Cautious Trade; Siemens Energy, BASF Drift Lower
German stocks are somewhat subdued on Tuesday with investors looking for directional clues. With earnings updates set to pour in from this week, investors are currently following the developments on the trade front and tracking geopolitical news as well.
RTTNews
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Před 10 h 57 min
