CAC 40 Struggles For Direction Ahead Of Lagardes Speech

French stocks struggled for direction on Monday as investors awaited speeches from ECB policymakers including chief Christine Lagarde later in the day for interest rate guidance. Lingering concerns over potential impacts from U.S. President-elect Donald Trumps global economic policies also served to keep underlying sentiment cautious. The benchmark CAC 40 was marginally lower at 7,269...

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European Shares Struggle For Direction Ahead Of ECB Lagardes Speech

European stocks struggled for direction on Monday as investors awaited speeches from ECB policymakers including chief Christine Lagarde later in the day for interest rate guidance. Lingering concerns over potential impacts from U.S. President-elect Donald Trumps global economic policies also served to keep underlying sentiment cautious. The pan European STOXX 600 was down 0.3 percent...

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Thai GDP Expands Most In 2 Years

The Thai economy grew at the fastest pace in two years in the third quarter on strong investment, exports and government spending, data from the Office of the National Economic and Social Development Council showed Monday. Gross domestic product climbed 3.0 percent on a yearly basis after rising by revised 2.2 percent in the second...

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Dollar Slips Against Major Counterparts

The U.S. dollar drifted lower on Monday as bond yields fell, and the Euro gained in strength after European Central Bank Governing Council member Nagel said central banks may have to raise rates in the event of inflationary pressures rise. Data showing an increase in U.S. homebuilder confidence in the month of November helped limit...

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RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its November 5 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity. At the meeting, the RBA maintained its benchmark interest rate at a 13-year high of 4.35 percent for the eighth straight session, saying that underlying inflation remains too high....

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Energy, Mining Stocks Lift TSX

The Canadian market closed on a firm note on Monday, lifted by gains in energy and materials stocks as commodity prices climbed higher amid an escalation in the Russia - Ukraine war. The benchmark S&P/TSX Composite Index, which climbed to 25,082.87, ended with gain of 86.26 points or 0.35% at 24,976.94. The Materials Capped Index...

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