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FTSE 100 Rises As GDP Beats Forecasts
(RTTNews) - U.K stocks rose notably on Friday as data showed the British economy unexpectedly grew in November.
GDP grew 0.1 percent in the month as food and drink businesses benefited from the FIFA World Cup.
The benchmark FTSE 100 climbed 47 points, or 0.6 percent, to 7,838 after climbing 0.9 percent in the previous session.
Miners extended recent gains, with Antofagasta and Glencore rising about 2 percent each after China's exports and imports figures came in above forecasts.
Banks Standard Chartered and HSBC Holdings rallied 1-2 percent.
Housebuilder Taylor Wimpey rose half a percent after saying it is planning job cuts to keep a lid on costs.
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European Shares Seen Opening Up On Trade Deal Optimism
European stocks look set to open on a positive note Thursday after U.S. President Donald Trump said he would announce "a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY," without giving further details.
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1 ชม. 37 นาทีที่ผ่านมา
European Economic News Preview: Bank Of England To Cut Interest Rate
The Bank of England is set to cut its benchmark interest rate by a quarter-point on Thursday, to cope with the economic slowdown triggered by trade tariffs. The Monetary Policy Committee is expected to reduce the Bank Rate to 4.25 percent from 4.50 percent. The BoE had maintained its interest rate at its March meeting after reducing it three times since last year.
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1 ชม. 47 นาทีที่ผ่านมา
Sensex, Nifty Subdued In Early Trade
Indian shares were subdued on Thursday amid rising tensions between India and Pakistan and concerns about the outlook for the global economy.
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2 ชม. 59 นาทีที่ผ่านมา
Australian Market Swings To Slight Gains In Mid-market
The Australian market is turning its early losses to slight gains in mid-market moves on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying just below the 8,200 level, with gains in gold miners and technology stocks partially offset by weakness in financial stocks.
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3 ชม. 46 นาทีที่ผ่านมา
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, amid optimism surrounding the upcoming U.S.-China trade talks to take place in Switzerland this week and China's new stimulus measures. Meanwhile, the US Fed left interest rates unchanged, and also warned of increasing risks of higher unemployment and higher inflation.
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4 ชม. 10 นาทีที่ผ่านมา
Sensex, Nifty Likely To Open On Cautious Note
Indian shares look set to open on a cautious note Thursday as Pakistan troops continue to resort to cross-border shelling along the Line of Control (LoC) in Kupwara district of Jammu and Kashmir for the second consecutive day.
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4 ชม. 41 นาทีที่ผ่านมา
Japanese Market Modestly Lower
The Japanese market is trading modestly lower on Thursday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 36,700 level, with weakness in index heavyweights, exporters and financial stocks partially offset by gains in technology stocks.
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5 ชม. 32 นาทีที่ผ่านมา
Australian Market Slightly Lower
The Australian market is trading slightly lower on Thursday, giving up some of the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,200 level, with weakness in iron ore miners and financial stocks partially offset by gains in gold miners and technology stocks.
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6 ชม. 8 นาทีที่ผ่านมา
