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CAC 40 Marginally Lower Ahead Of Fed Meeting
(RTTNews) - French stocks were little changed in cautious trade on Tuesday as investors braced for a stacked week of corporate earnings and economic data in the United States.
Wednesday's Fed meeting remains in focus, with the U.S. central bank widely expected to raise interest rates by 75-basis points for a second straight meeting.
The benchmark CAC 40 was marginally lower at 6,235 after rising 0.3 percent the previous day.
Software maker Dassault Systèmes edged up slightly after raising its annual targets.
Drinks group Rémy Cointreau gained half a percent after confirming its full-year guidance.
Eutelsat tumbled 3 percent after its fiscal 2022 revenue declined 6.7 percent to 1.15 billion euros from 1.23 billion euros last year.
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European Economic News Preview: UK GDP, Foreign Trade Data Due
Monthly GDP, industrial production and foreign trade from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. The economy is forecast to shrink 0.1 percent on a monthly basis in April, reversing a 0.2 percent rise in March.
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27 minuter sedan
Sensex, Nifty Subdued In Cautious Trade
Indian shares were subdued on Thursday as investors assessed U.S. President Donald Trump's declaration that a trade deal with China was "done" and that he would set unilateral tariff rates for trading partners within two weeks.
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44 minuter sedan
Australian Market Doubles Early Gains In Mid-market
The Australian market is doubling its early gains in mid-market moves on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains in gold miners and energy stocks partially offset by weakness in iron ore miners.
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1h 8minuter sedan
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, after US President Donald Trump said he and Chinese President Xi Jinping "are going to work closely together to open up China to American Trade." However, signs of escalating geopolitical tensions in the Middle East are weighing on market sentiment.
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1h 59minuter sedan
Sensex, Nifty Seen Lower As Investors Monitor Trade, Geopolitical Developments
Indian shares look set to open lower on Thursday as oil prices climbed on signs of rising tensions in the Middle East and U.S. President Donald Trump said he would notify trading partners within the next one to two weeks about the new unilateral tariff rates, with the choice to accept or reject them.
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2h 36minuter sedan
Rally May Stall For Thai Stock Market
The Thai stock market has moved higher in back-to-back sessions, collecting more than 6 points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,140-point plateau although it may be stuck in neutral on Thursday.
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3h 9minuter sedan
Japanese Market Notably Lower
The Japanese market is trading notably lower on Thursday, snapping a four-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 38,200 level, with weakness across most sectors led by automakers, exporters and technology stocks. Financial stocks are the only bright spot.
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Indonesia Bourse May Extend Wednesday's Losses
The Indonesia stock market on Wednesday ended the three-day winning streak in which it had gained almost 190 points or 2.7 percent. The Jakarta Composite Index now rests just above the 7,220-point plateau and the losses may accelerate on Thursday.
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3h 39minuter sedan
