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CAC 40 Rises As China Lifts Ban On Group Travel
(RTTNews) - French stocks were rising on Thursday amid hopes that U.S. consumer price inflation data due out later in the day will support the end of the Federal Reserve's monetary tightening cycle.
The benchmark CAC 40 was up 87 points, or 1.2 percent, at 7,408 after climbing 0.7 percent in the previous session.
China-related luxury makers were rising after China announced it would allow group tours to 12 more locations across Asia.
This is the first time in six years that China is allowing group tours to South Korea, having banned such tours in 2017 in response to the deployment of the Terminal High Altitude Area Défense system in South Korea.
LVMH and Hermes both jumped over 2 percent.
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European Economic News Preview: German ZEW Economic Sentiment Due
Economic confidence from Germany and industrial production from euro area are the top economic news due on Tuesday. At 3.00 am ET, Spain's statistical office INE publishes final inflation data for June. The flash estimate showed that consumer price inflation rose to 2.2 percent from 2.0 percent in May.
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24 minutes ago
Sensex, Nifty Modestly Higher As CPI Inflation Hits 6-year Low
Indian shares were modestly higher in cautious trade on Tuesday as signs of easing domestic retail inflation opened the room for more RBI rate cuts in the coming months.
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1h 10min ago
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Tuesday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains across most sectors led by technology and financial stocks. Iron ore miners were the only weak spot.
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1h 55min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders are hopeful of an end to the ongoing trade war at least by August 1 as confirmed by U.S. President Donald Trump recently. Traders view Trump's tariff threats as negotiation tactics. Asian markets closed mixed on Monday.
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2h 18min ago
Sensex, Nifty Seen Higher At Open
Indian shares look set to open on a positive note Tuesday as signs of easing domestic inflation opened the room for more RBI rate cuts in the coming months.
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2h 43min ago
China GDP Jumps 1.1% On Quarter In Q2
China's gross domestic product expanded a seasonally adjusted 1.1 percent on quarter in the second quarter of 2025, the National Bureau of Statistics said on Tuesday - beating forecasts for an increase of 0.9 percent after adding 1.2 percent in the three months prior.
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3h 12min ago
Thai Shares May See Downward Correction On Tuesday
The Thai stock market has moved higher in back-to-back sessions, accelerating almost 35 points or 3 percent in that span. The Stock Exchange of Thailand now sits just above the 1,140-point plateau although it may open under water on Tuesday.
The global forecast for the Asian markets offers little clarity as traders figure to wait and see what transpires over trade and tariff talks. The European markets were down and the U.S. bourses were slightly higher and the Asian markets figure to split the difference.
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3h 21min ago
Japanese Market Slightly Lower
The Japanese stock market is trading slightly lower on Tuesday, extending the losses in the previous three sessions, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling to near the 39,400 level, with a mixed performance across most sectors.
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3h 40min ago
