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CAC 40 Marginally Higher Ahead Of US CPI Data
(RTTNews) - French stocks were little changed on Tuesday as investors eagerly awaited U.S. CPI data as well as preliminary third-quarter gross domestic product data from the euro zone for direction.
The benchmark CAC 40 was marginally higher at 7,092 after rising 0.6 percent the previous day.
Banks were subdued with, BNP Paribas falling nearly 1 percent as Eurozone bond yields struggled for direction following hawkish comments from ECB policymakers pushing against expectations for rate cuts.
ECB president Christine Lagarde said in an interview during the weekend that no change in interest rates should be expected in the "next couple of quarters".
Automaker Renault was down half a percent on growth worries.
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TSX Up Marginally; Energy Stocks Rise
After a flat start and a subsequent climb up north, the Canadian market retreated Tuesday morning, and at a little past noon, was up marginally, led by gains in energy, consumer and communications sectors.
Investors are cautiously optimistic about some positive progress in U.S.-China trade relations.
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U.S. Stocks Mostly Subdued In Lackluster Trade
U.S. stocks are turning in a mixed performance in lackluster trade on Tuesday as traders await the outcome of the ongoing trade talks between China and the U.S. in London.
Trade negotiations between the world's two largest economies commenced on Monday, and no big breakthrough seems to have been arrived as yet.
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Eurozone Investor Confidence Strongest In A Year: Sentix
Euro area investor morale rose to the highest level in a year in June, driven by the economic recovery in Germany, survey data from the behavioral research institute Sentix showed Tuesday. The investor sentiment index rose to +0.2 in June from -8.1 in May. This was the highest reading since June 2024 and remained well above economists' forecast of -6.0.
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Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Tuesday morning with investors looking for directional clues as they await the outcome of the U.S.-China trade negotiations.
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FTSE 100 Advances; Persimmon, Marks & Spencer Among Top Gainers
Despite data showing an increase in the nation's unemployment rate, U.K. stocks are up in positive territory a little past noon on Tuesday on selective buying amid some optimism over the ongoing U.S.-China trade talks in London.
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CAC 40 Down Marginally In Cautious Trade
French stocks are largely subdued on Tuesday as investors refrain from making significant moves while awaiting the outcome of the ongoing trade talks between U.S. and Chinese officials in London.
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DAX Drifts Lower As Investors Await Outcome Of Sino-US Trade Talks
German stocks are drifting lower on Tuesday as investors await the outcome of high-level U.S. - China trade talks in London. The negotiations, which commenced on Monday, have not yielded any positive news so far.
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Sensex, Nifty End Choppy Session Narrowly Mixed
Indian shares fluctuated before ending little changed on Tuesday as investors waited for more details to emerge from the second day of ongoing U.S.-China trade negotiations in London.
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