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German Economic Sentiment Strengthens In July
German economic sentiment improved more than expected in July on hopes of a quick resolution to the US-EU tariff dispute and potential stimulus from the federal government, a monthly survey conducted by the think tank ZEW showed on Tuesday.
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European Shares Edge Higher As Investors Brush Off Trump's Tariff Threats
European stocks were modestly higher on Tuesday amid optimism that U.S President Donald Trump's bargaining tactics are unlikely to derail global trade.
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Asian Shares Rise After Key China Data
Asian stocks rose broadly on Tuesday as traders brushed off U.S. President Donald Trump's tariff threats and reacted positively to Chinese GDP data for the first half of 2025.
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Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the European session on Tuesday.
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China GDP Growth Tops Expectations
China's economy registered a faster-than-expected growth in the second quarter with strong support from exports and industrial production despite the US trade tariff threats but weaker investment and persistent deflation continued to pose challenges.
Gross domestic product expanded 5.2 percent on a yearly basis after rising 5.4 percent in the previous quarter.
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European Shares Seen Higher At Open
European stocks may open broadly higher on Tuesday despite lingering concerns about U.S. President Donald Trump's tariff plans and aggressive negotiation tactics.
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European Economic News Preview: German ZEW Economic Sentiment Due
Economic confidence from Germany and industrial production from euro area are the top economic news due on Tuesday. At 3.00 am ET, Spain's statistical office INE publishes final inflation data for June. The flash estimate showed that consumer price inflation rose to 2.2 percent from 2.0 percent in May.
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Sensex, Nifty Modestly Higher As CPI Inflation Hits 6-year Low
Indian shares were modestly higher in cautious trade on Tuesday as signs of easing domestic retail inflation opened the room for more RBI rate cuts in the coming months.
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Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Tuesday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains across most sectors led by technology and financial stocks. Iron ore miners were the only weak spot.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders are hopeful of an end to the ongoing trade war at least by August 1 as confirmed by U.S. President Donald Trump recently. Traders view Trump's tariff threats as negotiation tactics. Asian markets closed mixed on Monday.
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Sensex, Nifty Seen Higher At Open
Indian shares look set to open on a positive note Tuesday as signs of easing domestic inflation opened the room for more RBI rate cuts in the coming months.
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China GDP Jumps 1.1% On Quarter In Q2
China's gross domestic product expanded a seasonally adjusted 1.1 percent on quarter in the second quarter of 2025, the National Bureau of Statistics said on Tuesday - beating forecasts for an increase of 0.9 percent after adding 1.2 percent in the three months prior.
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Thai Shares May See Downward Correction On Tuesday
The Thai stock market has moved higher in back-to-back sessions, accelerating almost 35 points or 3 percent in that span. The Stock Exchange of Thailand now sits just above the 1,140-point plateau although it may open under water on Tuesday.
The global forecast for the Asian markets offers little clarity as traders figure to wait and see what transpires over trade and tariff talks. The European markets were down and the U.S. bourses were slightly higher and the Asian markets figure to split the difference.
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