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Swiss Franc Climbs Against Majors
The Swiss franc advanced against its major counterparts in the European session on Thursday.
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India Central Bank Maintains Policy Stance
The Reserve Bank of India decided to leave its benchmark interest rates unchanged for the sixth straight session on Thursday as inflation tends to remain in the upper band of the target range. The Monetary Policy Committee of the RBI, led by Governor Shaktikanta Das, voted 5-1 to hold the repo rate at 6.50 percent.
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Sensex, Nifty Tumble As FMCG And Private Banks Drag
Indian shares fell sharply on Thursday, with FMCG stocks leading losses.
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Indian Rupee Off 6-day High Against U.S. Dollar
The Indian rupee retraced its gains against the U.S. dollar in evening deals on Thursday.
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European Shares Inch Higher Amid Earnings Deluge
European stocks were seeing modest gains on Thursday despite heightened geopolitical tensions and lingering uncertainty over the Fed's rate trajectory.
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FTSE 100 Gains On Earnings
U.K. stocks edged up slightly on Thursday after a string of upbeat corporate earnings.
The benchmark FTSE 100 was up 22 points, or 0.3 percent, at 7,650 after losing 0.7 percent on Wednesday.
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More Products With Cheese From Rizo Lopez Recalled Over Listeria Concern
Amid the ongoing Listeria monocytogenes outbreak, more and more products containing tainted cheese and other ingredients supplied by Rizo Lopez Foods Inc. are being recalled, according to the U.S. Food and Drug Administration. Fresh Creative Foods, a division of Reser's Fine Foods, Inc., has called back certain products, and Simply Fresh LLC. has recalled Rojo's Black Bean 6 Layer Dip.
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CAC 40 Edges Higher With Earnings In Focus
French stocks traded slightly higher on Thursday as investors reacted to hawkish comments from central bank officials and a slew of mostly positive earnings.
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DAX Struggles For Direction As Rate Cut Hopes Fade
German stocks were little changed on Thursday as U.S. rate uncertainty persisted and Israel vowed to press ahead with military offensive in Gaza until achieving "absolute victory."
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China Inflation Remains Negative For Fourth Straight Month
China consumer prices declined for the fourth straight month in January to mark the biggest fall since the 2008-09 global financial crisis and furthermore, producer price inflation remained persistently negative, adding to risks of deflation. Consumer prices declined 0.8 percent on a yearly basis in January, which was steeper than December's 0.3 percent decrease. Prices were forecast to drop 0.5
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Asian Shares Mixed Ahead Of Lunar New Year Holidays
Asian stocks ended mixed on Thursday as caution crept in before the Lunar New Year holidays.
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European Shares Likely To Open On Firm Note
European stocks may open on a positive note Thursday, with earnings and ongoing debate over interest-rate cuts likely to be in focus.
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Sensex, Nifty Marginally Higher Ahead Of RBI Decision; FMCG Stocks Decline
Indian shares traded slightly higher on Thursday after the S&P 500 set a new record high overnight on bets that a U.S. resilient economy will continue fueling corporate profits.
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