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CAC 40 Recovers From Slide To Trade Flat
(RTTNews) - French stocks recovered from an early slide to trade on a flat note Wednesday, as U.S. stock futures traded marginally higher a day after the steepest fall on Wall Street in two years.
The benchmark CAC 40 was marginally higher at 6,246 after closing 1.4 percent lower on Tuesday.
A cautious undertone prevailed as hotter-than-expected U.S. inflation data boosted bets that the Federal Reserve will stay aggressive in raising rates.
The increase in CPI now paves the way for the U.S. Federal Reserve to raise rates by 75-100 basis points in its next monetary policy meeting scheduled for next Wednesday.
Nomura analysts have called for a full percentage hike in short-term interest rates, citing the emergence of upside inflation risks.
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Yamaha Recalls 34K Power Adaptors For Pianos, Workstations
Yamaha Corp. of America, affiliated to Japan's Yamaha Corp., is recalling about 37,400 units of power adaptors for digital pianos and music workstations citing risk of burn and fire, according to the U.S. Consumer Product Safety Commission. The recall involves Yamaha-brand AC adaptors with model number PA-300C that were sold with Yamaha-brand arranger workstations, digital pianos...
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14 phút trước
European Shares Rise On Trade Deal Optimism
European stocks were modestly higher on Friday as investors looked ahead to discussions between the U.S. and China scheduled for this weekend.
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38 phút trước
Asian Shares Mostly Higher On Trade Deal Optimism, China Trade Data
Asian shares ended mostly higher on Friday as investors parsed China's April trade data and looked ahead to crucial Sino-U.S. talks scheduled for this weekend.
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1h 4phút trước
China Exports Growth Beats Expectations; Imports Drop At Slower Pace
China's exports grew more than expected in April despite the sharp contraction in shipments to the United States following the trade tariff hikes, while imports decreased at a meager pace, official data revealed on Friday. Exports advanced 8.1 percent on a yearly basis in April, customs data showed. While the growth rate slowed from 12.4 percent in March.
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2h 10phút trước
NZ Dollar Falls After China Trade Data
The New Zealand dollar weakened against other major currencies in the Asian session on Friday, as China's most recent trade figures indicated a slowing down of outside demand.
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2h 27phút trước
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
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3h 0phút trước
European Shares Likely To Open On Firm Note As China Exports Beat Expectations
European stocks are likely to open on a positive note Friday as China's April exports data beat expectations and reports suggested that the Trump administration is considering slashing tariffs on Chinese imports.
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4h 4phút trước
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Friday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,200 level, with gains in technology and energy stocks partially offset by weakness in mining stocks.
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5h 9phút trước
