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European Economic News Preview: UK Labor Market Data Due
(RTTNews) - Labor market data from the UK and economic sentiment from Germany are the top economic news due on Tuesday.
At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is forecast to remain unchanged at 4.3 percent in the three months to November.
At 4.00 am ET, harmonized inflation data is due from Iceland.
At 5.00 am ET, Germany's ZEW economic confidence survey results are due. The economic sentiment index is expected to fall to 15.2 in January from 15.7 in December.
In the meantime, unemployment data is due from Croatia.
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Major European Markets In Positive Territory In Cautious Trade
The major European markets are up in positive territory on Wednesday with investors picking up stocks amid continued optimism about a sharp rate cut by the Federal Reserve following recent weak labor market data. Easing concerns on the trade front also contribute to the positive sentiment in the markets.
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Pred 32 minútami
Sensex, Nifty Close On Firm Note Again
Indian stocks closed on a positive note on Wednesday, extending previous session's gains, amid expectations of further reduction in GST rates, and hopes of a larger than expected interest rate cut by the Federal Reserve.
RTTNews
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Pred 1 h 21 min
FTSE 100 Remains Steady ; ABF Tanks On Sales Warning
The U.K. market is modestly higher in late morning trades on Wednesday, with select frontline stocks finding good support. Movements are a bit lackluster with investors awaiting U.S. inflation data due later in the week.
RTTNews
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Pred 1 h 48 min
CAC 40 Modestly Higher On Fed Rate Cut Hopes, Easing Political Concerns
After opening modestly higher and moving up further, France's CAC 40 gave up some gains subsequently Wednesday morning, but remains in positive territory.
The undertone is fairly steady following the appointment of Sébastien Lecornu as France's new Prime Minister.
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Pred 2 h 11 min
Asian Markets Close Higher
Asian markets finished trading on a positive note, tracking the Wall Street rally on Tuesday.
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Pred 2 h 19 min
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
RTTNews
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Pred 2 h 30 min
DAX Slips After Positive Start
After opening on a positive note amid continued optimism about an interest rate cut by the Federal Reserve, the German market pared its gains and slipped into negative territory on Wednesday, with the mood turning cautious as investors await the crucial U.S. inflation data due later in the week, and the European Central Bank's monetary policy announcement on Thursday.
RTTNews
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Pred 2 h 40 min
Antipodean Currencies Rise Amid Risk-on Mood
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Wednesday, amid growing optimism about the outlook for interest rates after sharp downward revisions in U.S. jobs data and ahead of the release of the closely watched US inflation data later in the week. Currencies in the region also strengthened against the US dollar.
RTTNews
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Pred 3 h 36 min
