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European Stocks Close Mostly Higher On Fed Rate Cut Hopes
European stocks closed higher on Monday, thanks to encouraging German economic data, and optimism about an interest rate cut by the Federal Reserve next week. Concerns about political uncertainty in France weighed and limited markets' upside.
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375 days ago
TSX Slips After Positive Start; Canada Goose Holdings Soars On Rating Upgrade
The Canadian market, which retreated after a slightly positive start Monday morning, remains in negative territory a little past noon, with stocks from communications, consumer staples and industrials sectors under selling pressure. Materials stocks are faring well, limiting market's downside.
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375 days ago
American Consumers' Inflation Expectations Rise, Job Finding Hopes Record Low - NY Fed Survey
U.S. consumers' inflation expectations for the one-year ahead ticked up in August, while their hopes of finding a job sank to a record low, results of a monthly survey by the Federal Reserve Bank of New York revealed on Monday.
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375 days ago
German Industrial Output Rebounds; Exports Fall
Germany's industrial output expanded for the first time in four months in July, while exports declined on weaker demand from the United States and China. Industrial production rose 1.3 percent month-on-month in July, data from Destatis showed Monday. The expansion reversed June's decrease of 0.1 percent, which was revised sharply from a 1.9 percent drop estimated initially.
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375 days ago
Dollar Closes Flat Despite A Jobs Data Led Tumble
The dollar finished trading on a flat note during the week ended September 5 despite whipsawing movements over the course of the week.
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375 days ago
Bay Street Likely To Open Higher On Firm Oil Prices, Rate Cut Hopes
Canadian stocks look headed for a positive start Monday morning, tracking positive cues from Asian and European markets, and higher crude oil prices.
Expectations of interest rate cuts from the Bank of Canada and the Federal Reserve next week may also aid sentiment.
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375 days ago
China Exports Growth Softens More Than Forecast
China's exports growth moderated more than expected in August as frontloading gains from the U.S. started to fade but demand from Europe and Asean countries picked up strongly. Exports grew 4.4 percent year-on-year in August, which was slower than the 7.2 percent rise in July, the customs office reported Monday. This was also weaker than forecast of 5.0 percent.
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375 days ago
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Monday.
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375 days ago
Yen Falls Amid Japan Rising Political Uncertainty
The Japanese yen weakened against other major currencies in the Asian session on Monday, after Japanese Prime Minister Shigeru Ishiba announced over the weekend that he will step down amid intensifying rifts within the ruling party.
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375 days ago
FTSE 100 Up Marginally; Vistry Rises Sharply
The U.K.'s benchmark index FTSE 100 is up marginally in late morning trades on Monday with investors largely making stock specific moves, reacting to corporate news and the trend in the commodity markets.
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375 days ago
Sensex, Nifty End Marginally Higher In Cautious Trade
Indian shares ended marginally higher on Monday despite mixed cues from global markets and rising oil prices on talk of more sanctions against Russia.
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375 days ago
CAC 40 Modestly Higher Ahead Of Confidence Vote
The French market is up in positive territory on Monday despite investors staying a bit cautious ahead of the crucial confidence vote that could cost Prime Minister François Bayrou his post.
Expectations of a rate cut by the Federal Reserve next week appear to be aiding sentiment a bit.
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376 days ago
DAX Rises 0.75% On Strong Industrial Production Data
German stocks are modestly higher on Monday thanks to data showing an increase in the nation's industrial production in July, and amid optimism about an interest rate cut by the Federal Reserve this month.
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376 days ago
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