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FTSE 100 Edges Higher In Cautious Trade

U.K. stocks eked out modest gains in cautious trade on Monday as traders digested the unexpected result of France's snap election and looked forward to upcoming Congressional testimony by Fed Chair Jerome Powell as well as the release of U.S. CPI data this week for greater clarity on Fed's monetary policy path.
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German Exports Fall For First Time In 3 Months

German Exports Fall For First Time In 3 Months

Germany's exports declined for the first time in three months in May as demand from China and the United States weakened, data published by Destatis showed on Monday. Exports posted a monthly fall of 3.6 percent, in contrast to the 1.7 percent increase in April. At the same time, imports declined more deeply by 6.6 percent, reversing a 1.2 percent rise in April.
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European Economic News Preview: German Foreign Trade Data Due

European Economic News Preview: German Foreign Trade Data Due

Foreign trade from Germany and investor confidence from the euro area are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade data for May. The trade surplus is expected to fall to EUR 20.3 billion from EUR 22.1 billion in April.
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Sensex, Nifty Slip In Early Trade

Sensex, Nifty Slip In Early Trade

Indian shares opened a tad lower on Monday as French elections pointed to a hung parliament and investors looked ahead to the release of the U.S. inflation print for June as well as Federal Reserve Chair Jerome Powell's testimony this week for additional clues on the Fed's rate trajectory.
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Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Monday, despite the broadly positive cues from Wall Street on Friday, as traders cautiously await key US inflation data that includes reports on consumer and producer prices in June later in the week. The data will provide more clues on the direction the US Fed will take on interest rates. Asian markets closed mostly lower on Friday.
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