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CAC 40 Subdued As US Midterm Election Results Roll In
(RTTNews) - French stocks were little changed on Wednesday as investors awaited the results of U.S. midterm elections, which will determine control of the House and Senate.
A split government is viewed as a more favorable outcome for financial markets.
The dollar edged higher ahead of the U.S. consumer price inflation report due on Thursday, which might suggest the path for interest rates ahead.
Economists expect a modest slowdown in the annual rate of consumer price growth, which could add to optimism about a slowdown in the pace of rate hikes.
The benchmark CAC 40 slipped 0.1 percent to 6.434 after closing 0.4 percent higher on Tuesday.
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Canadian Dollar Falls Against Most Majors
The Canadian dollar weakened against its most major counterparts in the New York session on Tuesday.
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Pred 32 minútami
Swiss Stock Market Halts Losing Streak
The Swiss stock market on Tuesday ended the seven-day losing streak in which it had stumbled more than 465 points or 4 percent.
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Pred 48 minútami
European Stock Markets Find Traction On Tuesday
The major European stocks closed on a firm note Tuesday after the office of Israeli Prime Minister Benjamin Netanyahu and Iranian state media outlet Press TV confirmed a ceasefire had begun.
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Pred 1 h 4 min
BoE's Greene Seeks Cautious Approach On Concerns Over High Inflation, Uncertainty
The Bank of England must have a prudent approach to reducing interest rates as the U.K. inflation may remain high for a longer time than expected rather than a short-term spike, and also due to risks on the global front including fluctuations in oil prices in the backdrop of the ongoing Middle East conflict, policymaker Megan Greene said on Tuesday.
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Pred 3 h 23 min
Amazon To Invest $4 Bln To Expand Speed Delivery To Rural Communities Across U.S
E-commerce giant Amazon has announced its plan to invest over $4 billion to expand speed delivery service to thousands of smaller cities, towns, and rural communities across the United States. For the first time, the company will be offering the convenience and reliability of Same-Day and Next-Day Delivery to millions of U.S. customers in more than 4,000 smaller cities, towns, and rural communiti
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Pred 4 h 40 min
Powell Indicates Federal Reserve Likely To Remain On Hold
Despite intense pressure from President Donald Trump to lower interest rates, Federal Reserve Chair Jerome Powell on Tuesday indicated the central bank is likely to remain on hold. "For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance," Powell said.
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Pred 6 h 13 min
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Tuesday.
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Pred 6 h 27 min
FTSE 100 Lags In Ceasefire-led Rebound
With an addition of just a little more than quarter percent, the FTSE 100 benchmark of the London Stock Exchange underperformed its peers in the region.
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Pred 6 h 58 min
