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European Economic News Preview: UK Inflation Data Due
(RTTNews) - Consumer price data from the UK is the only major report due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics publishes UK consumer prices for April. Consumer price inflation is forecast to rise to 3.3 percent from 2.6 percent in March.
At 4.00 am ET, industrial production, producer prices and corporate wages are due from Poland.
At 4.30 am ET, UK house price data is due. Economists expect house prices to climb 5.2 percent on a yearly basis in March, following a 5.4 percent rise in February.
In the meantime, Iceland's central bank announces its monetary policy decision.
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Banking major Citigroup Inc. announced plans to reduce around 3,500 technology in China as part of its ongoing broader initiative to streamline global tech operations, reports said. With the planned resturcturing, the lender aims to strengthen risk and data management frameworks. The planned results will be at its two major China-based technology centers in Shanghai and Dalian.
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Pred 49 minútami
CAC 40 Up 0.5% Ahead Of ECB Rate Decision
French stocks are gaining some ground in positive territory on Thursday as investors expect a 25-basis point interest rate cut from the European Central Bank later in the day. Worries about trade tension limit market's upside.
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Pred 59 minútami
Sensex Rises Over 400 Points; Nifty At 24,750
Indian shares ended Thursday's session modestly higher as weak private payrolls and services data raised concerns about the U.S. economic outlook but reinforced speculation that the Federal Reserve will cut interest rates at least twice this year.
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Pred 1 h 11 min
DAX Climbs To New Record High
German stocks are up in positive territory on Thursday, extending gains to a third straight session, thanks to encouraging factory orders data and expectations of a rate cut by the European Central Bank later in the day.
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Pred 1 h 20 min
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Pred 2 h 2 min
European Shares Edge Higher Before ECB Rate Decision
European stocks were slightly higher on Thursday ahead of an expected rate cut from the European Central Bank later in the day.
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Pred 2 h 19 min
MongoDB Shares Gain On Narrower Q1 Loss, FY26 Outlook Revision, $800 Mln Buyback
Shares of MongoDB, Inc. gained around 15 percent in the extended trading on Wednesday, and is currently 15 percent higher in the pre-market activity on the Nasdaq, after the database software company lifted its fiscal 2026 outlook after reporting narrower net loss in its first quarter with higher revenues. The company also issued second -quarter outlook and announced a share buyback program...
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Pred 2 h 44 min
Asian Shares Mixed As Investors Await US Jobs Data
Asian stocks ended mixed on Thursday as investors digested a pair of disappointing reports on the U.S. economy and looked ahead to key non-farm payrolls data on Friday for direction.
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Pred 2 h 46 min
