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Euro Rises Amid Risk-on Mood
The euro strengthened against other major currencies in the European session on Wednesday, as European stock markets traded higher after having surged to a record high the previous day, driven by positive corporate earnings and hopes for progress in talks between Washington and Tehran to reopen the Strait of Hormuz.
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35 days ago
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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35 days ago
Cautious Investors Keep CAC 40 In Tight Range
The CAC 40 fell 4.91 points to 8,661.70 as traders stayed guarded with few market catalysts. France's manufacturing activity showed signs of improvement with PMI rising to 49.4 in July from 47.2 in June, marking the weakest contraction in three months.
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35 days ago
U.S. Dollar Falls Against Most Majors
The U.S. dollar fell against its most major counterparts in the New York session on Tuesday.
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35 days ago
German Stocks Mixed; DAX Marks Record Before Pullback
Germany's benchmark DAX reached 26,438.34, a new all-time high, then declined to 26,216.90. Market sentiment reflected U.S.-Iran talk expectations, positive earnings, and PMI data showing Germany's first private sector growth in four months.
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35 days ago
Gold Surges To One-month Peak As Inflation Concerns Ease
Gold prices surged 2 percent to hit a one-month high on Wednesday as a sharp fall in oil prices helped ease concerns around inflation and interest rates.
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35 days ago
Oil Prices Recover After Two Days Of Losses
Oil prices recovered some ground on Wednesday after two days of losses amid rising optimism over a potential interim agreement to reopen the Strait of Hormuz.
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35 days ago
more news
European Shares Flat To Higher In Cautious Trade
European stocks were flat to slightly higher on Wednesday, after having surged to a record high the previous day, driven by positive corporate earnings and hopes for progress in talks between Washington and Tehran to reopen the Strait of Hormuz.
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35 days ago
Asian Shares Follow Wall Street Higher Amid Easing AI, Middle East Concerns
Asian stocks followed Wall Street higher on Wednesday, with tech stocks leading the surge after American data analytics company Palantir reported robust second-quarter results and raised its full-year revenue forecast.
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35 days ago
Kiwi Falls As New Zealand Unemployment Rate Jumps To Highest Since 2015
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as the jobless rate in New Zealand rose to its highest level since September 2015 in the second quarter of 2026.
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36 days ago
Infineon Q3 Profit Up, Sees Revenue Growth In Q4, Updates FY26 Revenue View On AI Demand; Stock Down
Infineon Technologies AG, a German maker of semiconductor devices, on Wednesday reported higher net profit and segment result in its third quarter, as revenues were mainly driven by high demand for power supply solutions for AI data centers. Looking ahead for the fourth quarter, the company projects revenue to rise by 13 percent year-over-year.
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36 days ago
China Services Activity Growth Weakest Since 2024
China's services activity expanded at the weakest pace since September 2024 as new business moderated for the second month and optimism eased to the lowest in more than six years, survey data from S&P Global showed Wednesday. The headline RatingDog China services Purchasing Managers' Index fell to 50.4 in July from 54.1 in June. Nonetheless, a score above 50.0 indicates expansion.
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36 days ago
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
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36 days ago
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