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Euro Rises Amid Risk-on Mood

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher with French markets outperforming their regional peers, after LVMH, the owner of Louis Vuitton and Christian Dior, unexpectedly returned to sales growth in the third quarter.
RTTNews | 337 days ago
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 337 days ago
China Consumer Prices Drop More Than Forecast; PPI Continues To Fall

China Consumer Prices Drop More Than Forecast; PPI Continues To Fall

China's consumer prices declined more than expected in September on weaker domestic demand and oversupply, and producer prices remained in deflationary pressures for the 36th straight month, highlighting the persistent deflationary pressure. Consumer prices dropped 0.3 percent on a yearly basis in September, the National Bureau of Statistics reported Wednesday.
RTTNews | 337 days ago
European Shares Mostly Higher As LVMH Returns To Growth

European Shares Mostly Higher As LVMH Returns To Growth

European stocks were mostly higher on Wednesday, with French markets outperforming their regional peers, after LVMH, the owner of Louis Vuitton and Christian Dior, unexpectedly returned to sales growth in the third quarter.
RTTNews | 337 days ago
Asian Shares Bounce Back On Fed Rate Cut Hopes

Asian Shares Bounce Back On Fed Rate Cut Hopes

Asian stocks rose broadly on Wednesday, snapping three days of losses as optimism that the U.S Federal Reserve may go for further interest-rate cuts outweighed renewed U.S.-China trade tensions.
RTTNews | 337 days ago
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U.S. Dollar Extends Slide As Fed's Powell Signals Rate Cut

U.S. Dollar Extends Slide As Fed's Powell Signals Rate Cut

The U.S. dollar continued to be weaker against other major currencies in the Asian session on Wednesday, following comments made by Federal Reserve (Fed) Chair Jerome Powell that strengthened bets on an interest rate drop this month.
RTTNews | 337 days ago
European Shares Likely To Open On Firm Note

European Shares Likely To Open On Firm Note

European stocks are likely to open on a positive note Wednesday as Federal Reserve Chair Jerome Powell's dovish comments, highlighting weakness in the U.S. job market, raised expectations for more interest-rate cuts.
RTTNews | 337 days ago
Sensex, Nifty Modestly Higher In Cautious Trade

Sensex, Nifty Modestly Higher In Cautious Trade

Indian shares were slightly higher on Wednesday after the International Monetary Fund lifted its growth projection for India this fiscal year and Fed Chair Jerome Powell signaled two more quarter-point interest-rate cuts this year, citing a sharp slowdown in hiring.
RTTNews | 337 days ago

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