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CAC 40 Tumbles On US Rate Hike Fears
(RTTNews) - French stocks fell sharply on Monday as investors braced for a slew of central bank decisions this week.
The Federal Reserve meets on Wednesday while the Bank of England (BoE) and the Swiss National Bank (SNB) will announce their monetary policy decisions on Thursday.
The Bank of Japan is also meeting on Thursday with no change in interest rates expected.
As inflation worries mount, it remains to be seen whether the Fed will be forced to raise rates by 100 bps at the end of a two-day policy meeting on Wednesday.
The clamor for a 100-basis point rate hike is getting louder every day.
The benchmark CAC 40 was down 64 points, or 1.1 percent, at 6,013 after declining 1.3 percent on Friday.
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Australian Market Notably Higher
The Australian stock market is notably higher on Monday, extending the gains in the previous three sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 8,300.00 level, with gains across most sectors led by iron ore miners and energy stocks.
RTTNews
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27 minutos atrás
Hong Kong Shares Due For Consolidation
The Hong Kong stock market has tracked higher in seven straight sessions, soaring more than 900 points or 4.1 percent along the way. The Hang Seng Index now sits just above the 22,865-point plateau although investors figure to lock in gains on Monday.
RTTNews
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38 minutos atrás
Lower Open Likely For China Stock Market
The China stock market on Friday wrote a finish to the three-day winning streak in which it had gathered more than 70 points or 2.2 percent. The Shanghai Composite Index now rests just above the 3,340-point plateau and it's expected to open to the downside again on Monday.
RTTNews
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1 h 8 min atrás
Japan Posts Y3.678 Trillion Current Account Surplus
Japan saw a current account surplus of 3.678 trillion yen in March, the Ministry of Finance said on Monday - up 6.7 percent on year.
RTTNews
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1 h 23 min atrás
Taiwan Bourse May Hand Back Friday's Gains
The Taiwan stock market has moved higher in two of three trading days since the end of the two-day slide in which it had slumped more than 260 points or 1.3 percent. The Taiwan Stock Exchange now sits just above the 20,915-point plateau, although it's likely to head south again on Monday.
RTTNews
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1 h 38 min atrás
Japan Overall Bank Lending Slows To 2.4% In April
The value of overall bank lending in Japan slowed for the second straight month, rising just 2.4 percent on year to 636.545 trillion yen, the Bank of Japan said on Monday.
RTTNews
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1 h 41 min atrás
Japan Shares May Be Stuck In Neutral On Monday
The Japanese stock market has moved higher in two straight sessions, rallying more than 720 points or 1.9 percent along the way. The Nikkei 225 now sits just above the 37,500-point plateau although the rally may stall on Monday.
RTTNews
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2 h 8 min atrás
KOSPI May Extend Friday's Losses
The South Korea stock market on Friday ended the three-day winning streak in which it had risen more than 20 points or 0.8 percent. The KOSPI now sits just shy of the 2,580-point plateau and the losses may accelerate on Monday.
RTTNews
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2 h 38 min atrás
