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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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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, amid easing trade tensions between the U.S. and China after US President Donald Trump and Chinese President Xi Jinping agreed to meet to resolve tariff issues. Optimism about interest rate cut by the US Fed later this week is also aiding market sentiment. Asian markets ended mix
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27 minuter sedan
Sensex, Nifty Seen Higher At Open
Indian shares look set to open on a positive note Friday, tracking firm cues from global markets. That said, surging oil prices amid supply fears may lead to some volatility as the session progresses.
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57 minuter sedan
Thai Stock Market May Extend Winning Streak
Ahead of Thursday's holiday for Chulalongkorn, the Thai stock market had finished higher in three straight sessions, gathering almost 30 points or 2.2 percent in that span. The Stock Exchange of Thailand now sits just above the 1,300-point plateau and it's called higher again on Friday.
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Japanese Market Significantly Higher
Reversing the losses in the previous two sessions, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 49,150 level, with gains across most sectors led by index heavyweights and technology stocks. Financial stocks were the only weak spot.
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Additional Support Expected For Indonesia Shares
The Indonesia stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had jumped more than 310 points or 3.9 percent. The Jakarta Composite Index now rests just above the 8,270-point plateau and it's tipped to open to the upside again on Friday.
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Hong Kong Shares Tipped To Open In The Green
The Hong Kong stock market rebounded on Thursday, one day after ending the two-day winning streak in which it had picked up more than 775 points or 2.8 percent. The Hang Seng Index now rests just above the 25,960-point plateau and it's got a solid lead for Friday's trade.
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China Stock Market May Add To Its Winnings On Friday
The China stock market ticked higher again on Thursday, one day after halting the two-day winning streak in which it had advanced more than 75 points or 1.9 percent. The Shanghai Composite Index now sits just above the 3,920-point plateau and it may see additional support on Friday.
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2h 36minuter sedan
Australian Market Slightly Higher
The Australian stock market is trading slightly higher on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with gains in iron ore miners and technology stocks partially offset by weakness in gold miners and financial stocks.
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