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Sensex, Nifty Extend Gains For Fourth Day; Financials Top Gainers
Indian shares ended slightly higher on Wednesday despite political uncertainties in France and South Korea.
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European Shares Rise As OECD Lifts Global Growth Outlook For Next Year
European stocks were moving higher on Wednesday after Eurozone November final services PMI was confirmed at 49.5 versus 49.2 preliminary.
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FTSE 100 Little Changed In Lackluster Trade
U.K. stocks were little changed on Wednesday as investors kept a close eye on the latest political developments in France and South Korea.
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CAC 40 Edges Higher Ahead Of No-confidence Vote
French stocks rose slightly on Wednesday ahead of a crucial no-confidence vote by lawmakers in parliament against Prime Minister Michel Barnier's government over a budget dispute.
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DAX Gains Ahead Of PMI Data
German stocks inched higher on Wednesday ahead of German and Eurozone final composite PMI data due later in the day.
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Asian Shares Decline Amid Political Turmoil In South Korea
Most Asian stocks fell on Wednesday as South Korea plunged into political chaos and data showed China's services activity expansion eased in November.
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European Shares Seen Mixed As French No-confidence Vote Looms
European stocks are likely to open on a mixed note Wednesday as French lawmakers vote later in the day on no-confidence motions over a budget dispute that could take the country in unchartered territory.
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more news
European Economic News Preview: Eurozone Final Composite PMI Due
Final composite and services Purchasing Managers' survey results from the euro area and the UK are due on Wednesday, headlining a busy day for the European economic news. At 3.15 am ET, Spain's services Purchasing Managers' survey data is due. Economists expect the index to fall to 53.6 in November from 54.9 in the previous month.
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Aussie Falls As Weaker GDP Growth Spurs RBA Rate Cut Speculation
The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as slower domestic growth spurred bets that the Reserve Bank of Australia (RBA) is likely to cut interest rates in early 2025. Also, a private survey showed that China's services sector grew less than expected in November.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday.
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Sensex, Nifty Modestly Higher In Cautious Trade
Indian shares traded higher on Wednesday, even as caution prevailed ahead of the release of key U.S. jobs report and Fed Chair Jerome Powell's remarks this week.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders react to the political turmoil in South Korea, a deepening political crisis in France and faltering economic growth in China, with the South Korean market plunging over 2 percent. They also remain optimistic about an interest rate cut by the US Fed in December.
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