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CAC 40 Slips Into Red In Lackluster Trade
(RTTNews) - French stocks fell on Monday as a stronger-than-anticipated U.S. jobs report released on Friday revived worries about the pace of U.S. rate hikes.
Meanwhile, latest PMI data released by S&P Global showed little change to the initial estimates that showed business activity across France's service sector fell in November, marking the first contraction since March 2021.
The composite PMI came in at 48.7 versus 48.8 preliminary. The final services PMI dropped to 49.3 versus the flash estimate of 49.4.
The benchmark CAC 40 was down 12 points, or 0.2 percent, at 6,730, recouping some early losses.
The euro hit a fresh six-month high against the dollar on concerns about a widening policy gap between the U.S. and Europe.
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Swiss Market Ends On Weak Note
Save for a brief while around mid morning, the Switzerland market languished in negative territory during the day's trading session on Monday as investors remained reluctant to make significant moves amid a lack of positive news from the trade front.
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12 dakika önce
European Stocks Close On Mixed Note After Cautious Session
European stocks turned in a mixed performance on Monday with investors mostly making cautious moves with their focus on EU - US trade negotiations and corporate news.
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26 dakika önce
U.S. Leading Economic Index Dips Slightly More Than Expected In June
A report released by the Conference Board on Monday showed its reading on leading U.S. economic indicators fell by slightly more than expected in the month of June. The Conference Board said its leading economic index declined by 0.3 percent in June following a revised unchanged reading in May.
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3s 35 dakika önce
Bay Street May Open Slightly Higher
Canadian shares open higher on Monday amid some optimism about a few nations striking trade deals with the U.S. ahead of the August 1 deadline. Firm metal prices are likely to trigger some buying in the materials sector.
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5s 15 dakika önce
UK Consumer Sentiment Remains Downbeat: S&P Global
British households remained pessimistic about economic conditions and their financial wellbeing in July, survey data from S&P Global showed on Monday. The S&P Global consumer sentiment index rose slightly to 45.1 in July from 45.0 in June. However, the score below 50 signals deterioration.
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6s 5 dakika önce
Yen Rises Amid Political Uncertainty After Japan Election
The Japanese yen strengthened against other major currencies in the European session on Monday, after Japan's ruling coalition lost its majority in the upper house, indicating the outcome was mostly priced in. Meanwhile, investors were prepared for market uncertainty ahead of a deadline on U.S. tariff discussions.
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6s 7 dakika önce
FTSE 100 Subdued As Investors Look For Direction; Mining Stocks Rise
U.K. stocks are mostly moving in a tight range on Monday as investors await progress in trade negotiations between the U.S. and the European Union, for clues about tariffs.
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6s 47 dakika önce
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Monday.
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7s 7 dakika önce
