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CAC 40 Little Changed Ahead Of Fed Rate Decision
(RTTNews) - French stocks were little changed on Wednesday ahead of a slew of central bank meetings.
The U.S. Federal Reserve delivers its interest-rate decision later in the day, with many expecting a 75-bps move.
The Bank of England, the Swiss National Bank, the Bank of Japan, and the Norges Bank in Norway are also announcing their policy decisions this week.
The benchmark CAC 40 was marginally higher at 5,981 after declining 1.4 percent on Tuesday.
Schneider Electric dropped half a percent after it agreed to buy out minority shareholders in Aveva Group Plc.
Shares of Vallourec SA soared 7 percent. The provider of premium tubular solutions has signed a 10-year agreement with Saudi Aramco for the supply of Premium Casing and Services.
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New Zealand Rate Decision On Tap For Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to trim its Official Cash Rate (OCR) by 25 basis points, to 3.00 percent from 3.25 percent.
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1 h 7 min atrás
Canadian Dollar Drops After Weak Inflation Data
The Canadian dollar declined against its most major counterparts in the New York session on Tuesday, following the release of weak inflation data for July.
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1 h 25 min atrás
Canadian Market Modestly Lower In Cautious Trade
After moving modestly higher in early trades, the Canadian market gave up gains as investors digested the nation's inflation data, and closely followed the developments on Russia-Ukraine peace talks front.
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4 h 39 min atrás
Swiss Market Ends On Strong Note
After a somewhat subdued start, the Switzerland market gained in strength as the session progressed on Tuesday, to eventually closed on a bright note.
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5 h 18 min atrás
European Stocks Close Higher On Russia-Ukraine Peace Deal Hopes
European stocks closed higher on Tuesday as the mood remained positive amid optimism over a potential Russia-Ukraine peace deal, after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".
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5 h 42 min atrás
U.S. Housing Starts Unexpectedly Surge In July But Building Permits Slump
A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July. The Commerce Department said housing starts shot up by 5.2 percent to an annual rate of 1.428 million in July after spiking by 5.9 percent to an upwardly revised rate of 1.358 million in June.
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9 h 20 min atrás
U.S. Housing Starts Unexpectedly Surge 5.2% In July
A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July.
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10 h 22 min atrás
Swiss Franc Rises Despite Russia-Ukraine Peace Deal Hopes
The safe-haven Swiss franc strengthened against other major currencies in the European session on Tuesday, despite expectations for a peace agreement between Russia and Ukraine.
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10 h 49 min atrás
