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German ZEW Economic Confidence Improves Moderately

German ZEW Economic Confidence Improves Moderately

Germany's economic sentiment unexpectedly improved in September as interest rates are estimated to have peaked in the euro area and the U.S., but financial market experts' assessment of the current situation turned more pessimistic, survey data from the ZEW-Leibniz Centre for European Economic Research showed Tuesday. The ZEW Indicator of Economic Sentiment unexpectedly rose to a three-month high
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European Shares Mixed In Cautious Trade

European Shares Mixed In Cautious Trade

European stocks traded mixed on Tuesday as investors looked ahead to the release of U.S. inflation data along with the ECB policy meeting this week for directional cues.
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CAC 40 Subdued As Investors Look To ECB

CAC 40 Subdued As Investors Look To ECB

French stocks traded slightly lower on Tuesday as investors awaited a slew of U.S. data along with the ECB policy meeting this week for directional cues.
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DAX Dips Ahead Of US Inflation Data

DAX Dips Ahead Of US Inflation Data

German stocks declined in cautious trade on Tuesday as investors awaited U.S. inflation data that could provide an updated view on the Federal Reserve's policy path.
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UK Record Wage Growth Adds Pressure On BoE To Tighten Policy Again

UK Record Wage Growth Adds Pressure On BoE To Tighten Policy Again

Despite the rising unemployment, the UK wage growth registered its strongest growth on record in the three months to July adding pressure on the Bank of England to hike the interest rate further at its upcoming meeting this month. The unemployment rate rose to 4.3 percent in the three months to July from 4.2 percent in the preceding period.
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