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Actualités Forex
Bay Street Likely To Open Mixed; Inflation Data, Iran Peace News In Focus
Canadian stocks may open on a mixed note on Monday with investors reacting to Canadian inflation data, and U.S.-Iran negotiations towards a peace deal.
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FTSE 100 Climbs Higher; Babcock Down On Lower Earnings
The UK stock market gained notable ground in positive territory on Monday thanks to impressive gains on mining and bank stocks. Investors, while closely following U.S.-Iran news, also assessed the political situation on the home front following the resignation of Prime Minister Keir Starmer.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Monday.
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CAC 40 Down Nearly 0.5%
France's equity benchmark CAC 40 drifted lower on Monday with investors assessing geopolitical situation and awaiting fresh lead from the domestic front.
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DAX Down Marginally In Cautious Trade
German stocks retreated after a slightly positive start on Monday as investors made cautious moves, looking for fresh directional clues.
The benchmark DAX, which advanced to 25,075.71 earlier, was down 0.2% at 24,947.51 a few minutes ago.
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Lackluster Trading In European Markets
European stock markets are trading on a weak note as investors assessed the developments surrounding the Middle East process as well as the political developments in the United Kingdom.
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Sensex, Nifty Close Modestly Higher
The Indian stock market, which snapped a five-day winning streak on Friday, rebounded and closed higher on Monday, lifted by gains in technology, healthcare and oil sectors.
The mood in the market remained positive amid reports of progress in US-Iran peace talks. Additionally, weak oil prices eased concerns about inflation.
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more news
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday, as investors are still concerned that the Middle East crisis and ongoing disruptions to the Strait of Hormuz energy supply would continue to put pressure on Japan's economy.
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Broadly Positive Sentiment In Asian Bourses
Stock markets in Asia traded on a mostly positive note on Monday amidst signs of diplomatic progress between the U.S. and Iran.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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European Stocks Seen Weak On Monday
Stock markets in Europe are expected to open on a muted note on Monday amidst positive and constructive talks between the U.S. and Iran at Switzerland.
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Australian Market Trims Early Losses In Mid-market
The Australian market is trimming early losses in mid-market trading on Monday after briefly moving in to the green, extending the losses in the previous two sessions, following the negative cues from European markets. The benchmark S&P/ASX 200 index is falling well below the 8,850.00 level, with weakness in iron ore miners, energy and technology stocks.
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Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from European markets and lack of cues from Wall Street overnight, on renewed uncertainty about the peace deal in the Middle East after US President Donald Trump threatened fresh strikes if Hezbollah continues its attacks on Israel, while Tehran announced the closure of the Strait of Hormuz again.
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