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CAC 40 Notably Lower As Middle East Tensions Weigh
France's equity benchmark CAC 40 remained in negative territory a little past noon on Tuesday as worries about Middle East tensions and the resultant rise in oil prices triggered inflation and interest rate concerns, prompting investors to refrain from picking up stocks.
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58 days ago
Indian Shares Fall As Crude Surges To One-month High On US-Iran Tensions
Indian shares fell notably on Tuesday after U.S. President Doanld Trump said he would reimpose the U.S. blockade on Iranian shipping and proposed to charge the equivalent of 20 percent of cargo moving through the Strait of Hormuz for guarding it, escalating a standoff over control of the strategic waterway.
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58 days ago
Ericsson Stock Drops On Weak Q2, Cautious View On Q3 Networks Margin
Shares of LM Ericsson were losing around 8 percent in Sweden as well as in the pre-market activity on the Nasdaq, after the Swedish telecom major reported Tuesday lower second-quarter profit and sales, mainly due to weak Networks and Enterprise performance. Further, the firm warned on some pressure on Networks adjusted gross margin in the third quarter due to higher volumes of network rollout proj
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58 days ago
DAX Remains Weak Despite Coming Off Early Lows
German stocks drifted lower on Tuesday, weighed down rising oil prices and bond yields amid escalating concerns about escalating Middle East tensions.
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58 days ago
Gold Rebounds As Dollar Dips Ahead Of Inflation Test
Gold traded higher on Tuesday after falling around 3 percent to hit a two-week low in the previous session amid escalating Middle East tensions and hawkish Fed bets.
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58 days ago
Oil Prices Scale One-month High On Hormuz Tensions
Oil prices rose sharply to hit a one-month high on Tuesday amid escalating U.S.-Iran tensions.
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58 days ago
European Shares Decline As Oil And Bond Yields Surge On US-Iran Tensions
European stocks were notably lower on Tuesday as escalating Middle East tensions spooked markets.
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58 days ago
more news
Commodity Currencies Rise As Crude Oil Prices Surge
The commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as the crude oil prices surged amid intense attacks between the U.S. and Iran over the weekend, renewing Middle East tensions, fueling global inflationary and the possibility of higher interest rates. In addition, contrasting claims by both nations over control of the Strait of Hormuz led to a decline in vessel traffic.
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58 days ago
Asian Shares Mostly Higher As China Trade Data Smashes Forecasts
Asian stocks ended mostly higher on Tuesday, reversing early losses as upbeat Chinese trade data helped offset concerns over escalating military clashes between the United States and Iran.
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58 days ago
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Tuesday.
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58 days ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday.
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58 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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58 days ago
European Shares Set For Cautious Start Amid Hormuz Tensions
European stocks may drift lower on Tuesday amid lingering concerns about artificial intelligence spending and escalating U.S.-Iran tensions.
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58 days ago
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