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European Stocks Largely Flat; Ryanair Reports Record June Numbers 0
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- July 6, 2023
European stock markets traded largely unchanged Tuesday, with investors searching for cues given a light data calendar and a U.S. holiday. At 03:30 ET (07:30 GMT), the DAX index in Germany traded flat, the CAC 40 in France rose 0.1%, while the FTSE 100 in the U.K. traded largely unchanged. There’s little economic data due
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Dollar Steadies After Powell’s Testimony; Sterling Awaits BOE Meeting 0
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- June 22, 2023
The U.S. dollar stabilized in early European trade Thursday near a one-month low after the first day of Federal Reserve Chair Jerome Powell’s semi-annual testimony to Congress, while sterling edges lower ahead of the latest Bank of England meeting. At 01:50 ET (05:50 GMT), the Dollar Index, which tracks the greenback against a basket of
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Can HDFC AMC make it Back to The MSCI Index After Abrdn Stake Sale?0
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- June 20, 2023
Abrdn’s clean-up block trade of a 10.2 percent stake in HDFC AMC will increase the company’s free float market capitalisation but the stock has to rally over 10 percent from the current level to make it back to the MSCI index. “As per the latest global market cap cut-off, HDFC AMC needs to move above
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Stocks Rally Stalls, Eyes Powell Testimony For Rate Clues 0
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- June 19, 2023
Global shares drifted on Monday, consolidating gains after hitting a 14-month high last week, as investors awaited testimony from U.S. Federal Reserve Chair Jerome Powell in markets that remain dominated by monetary policy bets. The MSCI’s broad gauge of world stocks was steady, with Wall Street markets closed for the Juneteenth holiday. In Europe, the
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4 Big Analyst Picks: Accenture Upgraded To Neutral Ahead of Q3 Earnings 0
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- June 15, 2023
Earlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The expansion includes new industry solutions, the AI Navigator for Enterprise platform, a Center for Advanced AI, and doubling their AI talent to 80,000 people. The company is set to report its Q3/23 earnings on June
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Nikkei Closes Above 33,000 For The First Time In 33 Years 0
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- June 13, 2023
Japan’s benchmark Nikkei gauge surged on Tuesday, closing over 33,000 for the first time in 33 years, led by technology shares on expectations of a flood of investment in chip-related companies. SoftBank Group Corp jumped 5.25% on reports it may team up on an AI venture with Chat GPT operator Open AI and that its
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