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UK Recruitment Activity Remains Weak In April
UK recruitment activity remained weak at the start of the second quarter as demand for staff deteriorated amid the rise in the salary inflation due to the increases in the national minimum and living wage rates, a report compiled by S&P Global showed Monday. Permanent staff appointments declined further amid reports of weak employer confidence and tighter hiring budgets.
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European Shares Seen Higher On US-China Trade Deal Optimism
European stocks may open higher on Monday as the U.S. and China both reported "substantial progress" after two days of talks in Switzerland aimed at de-escalating a trade war.
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Sensex, Nifty Rally As Border Tensions Ease
Indian shares were sharply higher in early trade on Monday as investors reacted to easing Indo-Pak tensions and positive indications coming from China-U.S. trade talks.
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Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Monday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies un the Asian session on Monday.
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Australian Market Halves Early Gains In Mid-market
The Australian stock market is halving its early gains in mid-market trading on Monday, but extending the gains in the previous three sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying well above the 8,200.00 level, with gains across most sectors led by iron ore miners, financial and energy stocks. Gold miners are the only weak spot.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, amid optimism about a potential U.S.-China trade deal after U.S. Treasury Secretary Scott Bessent confirmed that a trade deal has been struck with China following the weekend talks in Switzerland, with no more details offered. Asian markets closed mostly higher on Friday.
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Sensex, Nifty Set To Rally As Trade, Geopolitical Tensions Ease
Indian shares look set to open sharply higher on Monday as investors react to easing Indo-Pak tensions and positive indications coming from China-U.S. trade talks.
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Japanese Market Modestly Higher
The Japanese stock market is trading modestly higher on Monday, extending the gains in the previous two sessions, following the mixed cues from Wall Street on Friday, with the Nikkei 225 moving above the 37,600 level, with gains in index heavyweights, technology and financial stocks.
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Australian Market Notably Higher
The Australian stock market is notably higher on Monday, extending the gains in the previous three sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 8,300.00 level, with gains across most sectors led by iron ore miners and energy stocks.
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Hong Kong Shares Due For Consolidation
The Hong Kong stock market has tracked higher in seven straight sessions, soaring more than 900 points or 4.1 percent along the way. The Hang Seng Index now sits just above the 22,865-point plateau although investors figure to lock in gains on Monday.
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Lower Open Likely For China Stock Market
The China stock market on Friday wrote a finish to the three-day winning streak in which it had gathered more than 70 points or 2.2 percent. The Shanghai Composite Index now rests just above the 3,340-point plateau and it's expected to open to the downside again on Monday.
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