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European Shares Climb As Focus Shifts To Elections

European stocks advanced on Wednesday as traders reacted to dovish comments from Federal Reserve Chair Jerome Powell and looked ahead to key elections in France and the U.K. On Tuesday, Powell acknowledged progress in disinflation but added that officials need more confidence before cutting interest rates. Over 200 candidates have withdrawn from France\'s runoff election...

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Sensex, Nifty Surge To New Record Highs

Indian shares rose notably on Wednesday to reach fresh record highs as investors reacted to dovish comments from Federal Reserve Chair Jerome Powell. On Tuesday, Powell acknowledged progress in disinflation but added that officials need more confidence before cutting interest rates. As growth worries mount, it is widely accepted that the Fed will likely cut...

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TSX Rises To 4-week High On Widespread Buying

The Canadian market rose to a four-week high on Wednesday thanks to strong buying in the materials, utilities, industrials and financials sectors. Data showing a smaller than expected increase in U.S. private sector employment, and an unexpected drop in service sector activity raised hopes the Fed will cut interest rate in September. The benchmark S&P/TSX...

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Australia Trade Data On Tap For Thursday

Australia will on Thursday release May figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In April, imports were down 7.2 percent on month and exports slipped 2.5 percent for a trade surplus of A$6.548 billion. Hong Kong will see June results for the private sector Purchasing Managers Index...

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