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CAC 40 Edges Higher In Lackluster Trade
(RTTNews) - French stocks edged up slightly on Wednesday ahead of an address by Italian Prime Minister Mario Draghi. He will address the Senate before facing a confidence vote amid a political crisis.
Underlying sentiment remained supported as energy supply worries eased following reports that Russia will likely restart energy supplies to Germany.
Elsewhere, there were reports that Chinese authorities are preparing to impose a fine of more than $1 billion on ride-hailing firm Didi Global over data breaches, raising hopes that the worst of the tech crackdown is over.
The benchmark CAC 40was up 14 points, or 0.2 percent, at 6,216 after rising 1.8 percent on Tuesday.
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Japan Producer Price Data Due On Friday
Japan will on Friday release August figures for producer prices, highlighting a light day for Asia-Pacific economic activity.
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1h 1min ago
U.S. Dollar Advances Amid Oil-Linked Inflation Concerns, PPI Data Release
The U.S. Dollar value edged higher as oil prices surged after U.S. President Donald Trump expressed that the war with Iran may go on until November. In addition, investors parsed stronger-than-expected Producer Prices Index released today.
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2h 4min ago
TSX Drops To 5-week Low, Set To End Weak For 6th Straight Day
anadian stock market's benchmark S&P/TSX Composite Index fell to five-week low on Thursday, weighed down by concerns about inflation as oil prices continued to surge and bond yields climbed higher.
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4h 35min ago
Swiss Market Ends On Weak Note After Choppy Ride
Swiss stocks swung between gains and losses on Thursday as investors stayed largely cautious. Higher oil prices and concerns about geopolitical tensions weighed.
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4h 56min ago
Oil Surge, ECB Rate Hike Weigh On European Market Sentiment
European equities declined Thursday as the European Central Bank raised interest rates by 25 basis points to 2.5% and increased inflation forecasts. Brent crude surged over 5.5% to $107 per barrel, amplifying inflation concerns across the continent.
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5h 23min ago
U.S. Wholesale Inventories Jump 1.3% In July, In Line With Estimates
The Commerce Department released a report on Thursday showing a sharp increase in wholesale inventories in the U.S. in the month of July.
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6h 44min ago
ECB Raises Deposit Rate To 2.50% Amid Inflation Fears
The European Central Bank raised interest rates on Thursday, as expected, prompted by the fears of an inflation shock as energy prices surge amid the recent escalation of the Iran war.
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8h 5min ago
U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025
A report released by the National Association of Realtors on Thursday showed an extended slump by existing home sales in the U.S. in the month of August. NAR said existing home sales dove by 2.0 percent to an annual rate of 3.98 million in August after tumbling by 1.7 percent to an annual rate of 4.06 million in July.
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8h 8min ago
