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CAC 40 Slips In Lackluster Trade Ahead Of US Jobs Report
(RTTNews) - French stocks were moving lower on Friday, a day after minutes from the European Central Bank's last meeting highlighted worries about exceptionally high levels of inflation and the need for aggressive policy tightening to bring it under control.
All eyes now turn to the U.S. nonfarm payrolls report due later in the day, with economists expecting employment to jump by 250,000 jobs in September after an increase of 315,000 jobs in August. The unemployment rate is expected to hold at 3.7 percent.
The benchmark CAC 40 was down 11 points, or 0.2 percent, at 5,92 after falling 0.8 percent the previous day.
Automaker Renault surged 4 percent to top the gainers list while top banks traded on a mixed note.
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Sensex, Nifty Rally As Trump Delays EU Tariffs
Indian shares opened on a buoyant note Monday after U.S. President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president.
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Australian Market Slightly Extends Early Losses In Mid-market
The Australian stock market is slightly extending its early losses in mid-market trading on Monday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying near the 8,350.00 level, with weakness in mining, energy and financial stocks partially offset by gains in gold miners and technology stocks
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Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street and Europe on Friday, on renewed trade and tariff concerns after US President Donald Trump threatened to impose 50 percent tariffs on imports from the European Union beginning June 1. However, Trump agreed to delay a sweeping 50 percent tariff on EU imports until July 9 over the weekend.
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Sensex, Nifty Seen Higher At Open As Trump Extends EU Tariff Deadline
Indian shares look set to open higher on Monday, tracking gains in U.S. index futures and mostly positive cues from Asian markets after U.S. President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president.
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Thai Bourse May Hand Back Friday's Gains
The Thai stock market on Friday snapped the tw0-day slide in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,175-point plateau although it may head south again on Monday.
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Japanese Market Notably Higher
The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, despite the broadly negative cues from Wall Street on Friday, with the Nikkei 225 moving up to near the 37,400 level, with gains in index heavyweights, automakers and technology stocks.
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Win Streak May End For Indonesia Stock Market
The Indonesia stock market has moved higher in three straight sessions, gathering more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just above the 7,210-point plateau, although the rally may stall on Monday.
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Lower Open Called For Hong Kong Stock Market
The Hong Kong stock market bounced higher again on Friday, one day after snapping the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just above the 23,600-point plateau although it's tipped to open in the red on Monday.
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