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FTSE 100 Modestly Higher
The UK market remains firmly placed in positive territory a little past noon on Wednesday, holding gains after a steady start, amid rising optimism about the European Union striking a deal with the U.S. in the coming weeks.
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CAC 40 Up 1.25% On Trade Deal Optimism
French stocks are up in positive territory on Wednesday, extending gains to a third straight session, amid optimism about U.S. and the European Union striking a deal sometime soon, despite U.S. President Donald Trump's threat that steep tariffs will be imposed on copper imports, and pharmaceuticals.
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DAX Rises Sharply On US-EU Trade Deal Hopes
German stocks climbed up on Wednesday, lifting the benchmark DAX to a one-month high, as expectations of a US-European Union deal helped underpin sentiment.
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Sensex Drops 176 Points On Tariff Uncertainty; Nifty Dips Below 25,500
Indian shares fell modestly on Wednesday as uncertainty prevailed over U.S. President Donald Trump's tariff plans.
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NZ Dollar Falls After RBNZ Rate Decision
The New Zealand dollar retreated from recent highs against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand's (RBNZ) widely anticipated decision to maintain rates constant.
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European Shares Rise On US-EU Trade Deal Hopes
European stocks edged higher on Wednesday as investors waited for an update on the U.S.-EU trade deal.
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Asian Shares Mixed As China's Factory Price Deflation Worsens
Asian stocks ended mixed on Wednesday after U.S. President Donald Trump expanded his trade war with steep new tariffs targeting copper, semiconductors and pharmaceuticals.
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China Inflation Turns Positive; PPI Continues To Fall
China's consumer prices rose for the first time in five months in June but it remained weak and producer prices marked its 33rd straight month of decline, adding pressure on policymakers to introduce more measures to support economy. The consumer price index logged an unexpected annual growth of 0.1 percent in June, offsetting a fall of 0.1 percent in May, the National Bureau of Statistics said
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NZ Dollar Retreats Against Majors
The New Zealand dollar retreated from recent highs against other major currencies in the Asian session on Wednesday.
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New Zealand Holds Key Rate As Expected
The Reserve Bank of New Zealand left its benchmark interest rate unchanged on Wednesday citing elevated level of uncertainty and near-term risks to inflation. The Monetary Policy Committee, governed by Christian Hawkesby, decided to hold the Official Cash Rate at 3.25 percent. The bank has paused the easing cycle for the first time since it started cutting rates in August 2024.
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European Shares Poised For Positive Start Despite Tariff Worries
European stocks are seen opening on a positive note Wednesday after U.S. President Donald Trump hinted at progress in U.S.-EU trade talks.
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Sensex, Nifty Tad Lower Dragged By IT Stocks
Indian shares opened a tad lower on Wednesday after U.S. President Donald Trump offered no exceptions to his Aug. 1 tariff start date and announced a 50 percent tariff on copper imports, expanding trade measures already in place for steel and aluminum.
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Australian Market More Than Halves Early Losses In Mid-market
The Australian stock market is halving its early losses in mid-market moves on Wednesday, reversing the slight gains in the previous session, with the benchmark S&P/ASX 200 staying below the 8,600 level, following the mixed cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
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