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CAC 40 Little Changed As Yields Climb On Fading Rate Cut Hopes
(RTTNews) - French stocks were little changed on Monday amid facing expectations of an early rate cut in the U.S.
The dollar and bond yields remained supported after government data showed U.S. job growth surged unexpectedly in December.
The yields on the European 10-year benchmark note and the German 10-year rose for a third straight session ahead of U.S. consumer price inflation and producer price inflation data due this week.
The benchmark CAC 40 was marginally higher at 7,422 after losing 0.4 percent on Friday. Casino shares fell about 1 percent. The retail company said that the European Commission has authorized a consortium led by Daniel Kretinsky to take control of the Group as part of the financial restructuring.
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Win Streak May Continue For Singapore Stock Market
The Singapore stock market has moved higher in three straight sessions, collecting almost 90 points or 2 percent along the way. The Straits Times Index now rests just above the 4,415-point plateau and it may add to its winnings on Friday.
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34 minuter sedan
Japan Overall Inflation Climbs 2.9% On Year In September
Overall consumer prices in Japan were up 2.9 percent on year in September, the Ministry of Internal Affairs and Communication said on Friday.
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58 minuter sedan
Malaysia Bourse May Remain Rangebound On Friday
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had picked up less than a point. The Kuala Lumpur Composite Index now sits just beneath the 1,610-point plateau and it's likely to remain in that neighborhood again on Friday.
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1h 4minuter sedan
Japan Stock Market May Halt Losing Streak
The Japanese stock market has finished lower in back-to-back sessions, retreating more than 675 points or 1.4 percent in that span. The Nikkei 225 now sits just above the 48,640-point plateau although it may find traction on Friday.
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1h 19minuter sedan
Rebound Anticipated For South Korea Shares
The South Korea stock market on Thursday ended the six-day winning streak in which it had surged more than 320 points or 8.6 percent to a record closing high. The KOSPI now rests just beneath the 3,850-point plateau although it may bounce higher again on Friday.
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1h 34minuter sedan
Swiss Franc Rises Against Majors
The Swiss franc advanced against its major counterparts in the New York session on Thursday.
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2h 3minuter sedan
Australia Manufacturing PMI Sinks Into Contraction - S&P Global
The manufacturing sector in Australia slipped into contraction in October, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.7.
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2h 27minuter sedan
Japan Inflation Data Due On Friday
Japan will on Friday release September figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In August, overall inflation was up 0.1 percent on month and 2.7 percent on year, while core CPI also rose an annual 2.7 percent.
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2h 34minuter sedan
