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Eurozone Industrial Output Falls Unexpectedly
Eurozone industrial output declined unexpectedly in May largely due to the fall in durable consumer goods production, official data revealed Wednesday. Industrial production slid 0.2 percent month-on-month, in contrast to the 0.3 percent rise in April. This was the first decline in four months and came in contrast to the 0.3 percent expected increase.
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57 days ago
FTSE 100 Drifts Lower As Miners Shed Ground
Despite coming off early lows, the UK stock market remained in negative territory around noon on Wednesday as escalating Middle East tensions and weak Chinese GDP growth data rendered the mood cautious.
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57 days ago
CAC 40 Modestly Lower In Cautious Trade Amid U.S.-Iran Tensions
French stocks turned in a mixed performance on Wednesday with investors mostly making cautious moves as oil prices and bond yields moved higher amid rising tensions in the Middle East.
Some upbeat earnings updates from big-name U.S. and European companies helped limit market's downside.
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57 days ago
U.S. Dollar Falls Against Franc
The U.S. dollar fell against the franc in the New York session on Tuesday.
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57 days ago
Indian Shares End Off Day's Highs
Indian shares pared early gains to end marginally higher on Wednesday as escalating Middle East tensions raised concerns that the United States and Iran may return to an all-out war.
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57 days ago
DAX Notably Lower As Middle East Tensions Weigh On Sentiment
Despite some upbeat earnings updates from big-name companies in Europe, German stocks shed ground on Wednesday, hurt by escalating Middle East tensions and higher bond yields.
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57 days ago
Gold Drifts Lower Amid Iran War Concerns
Gold prices fell toward $4,000 an ounce on Wednesday as investors weighed geopolitical tensions and reacted to mixed economic data from China.
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57 days ago
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Oil Extends Gains As Trump Ramps Up Threats Against Iran
Oil prices traded higher for a third consecutive session on Wednesday as the U.S and Iran escalated a standoff over control of the Strait of Hormuz, raising fears of prolonged disruptions to energy supplies.
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57 days ago
European Shares Subdued Amid Escalating Iran Tensions
European stocks were subdued on Wednesday as escalating Middle East tensions overshadowed upbeat earnings results from the likes of ASML Holding and Richemont.
Euro zone bond yields held near multi-year highs amid growing concerns that the United States and Iran may return to an all-out war.
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57 days ago
Asian Shares Mixed As China GDP Data Disappoints
Asian stocks rose broadly on Wednesday as a softer-than-expected U.S. inflation print helped reduce concerns of a possible interest-rate hike by the Federal Reserve in the near term.
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57 days ago
China GDP Growth Weakest Since Late 2022
China's economy logged its weakest expansion since the final quarter of 2022 on declining investment and subdued domestic consumption, underscoring the need for stimulus measures to support growth. Gross domestic product posted an annual growth of 4.3 percent in the second quarter after rising 5.0 percent in the preceding period, the National Bureau of Statistics reported Wednesday.
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57 days ago
European Shares Seen Flat To Lower At Open After Mixed China Data
European stocks are seen opening flat to slightly lower on Wednesday as investors weigh geopolitical tensions and react to mixed economic data from China.
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57 days ago
Indian Shares Open Higher As Fed-hike Fears Ease
Indian shares opened higher on Wednesday after U.S. President Donald Trump backed away from his threat to charge a 20 percent toll on all cargo going through the Strait of Hormuz and data showed U.S. headline and core inflation eased in June, prompting traders to scale back their expectations for Federal Reserve rate hikes this year.
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57 days ago
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