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2024-08-07 10:16:39

News10NBC on Nostr: Global shares rise and Japan's Nikkei gains 1.2% as markets settle after a wild start ...

Global shares rise and Japan's Nikkei gains 1.2% as markets settle after a wild start to the week
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World shares advanced with Japan's Nikkei 225 index closing 1.2% higher; Bank of Japan official suggests central bank will refrain from raising interest rates while markets are unstable; Germany's DAX added 1.2% and CAC 40 in Paris gained 1.4%; Future for S&P 500 jumped 1% and Dow Jones Industrial Average rose 0.7%; Bank of Japan official Shinichi Uchida believes the US will have a 'soft landing' and Japan's central bank will not raise its policy interest rate when financial and capital markets are unstable; China reports that its exports rose 7% in July from a year earlier; Hong Kong's Hang Seng closed 1.4% higher and Shanghai Composite index edged up 0.1%; South Korea's Kospi jumped 1.8% and Taiwan's benchmark jumped 3.9%; S&P 500 climbed 1% and Dow added 0.8% on Tuesday; US benchmark crude oil picked up 35 cents to $73.55 per barrel; Euro fell to $1.0913 from $1.0928.



https://www.whec.com/national-world/global-shares-rise-and-japans-nikkei-gains-1-2-as-markets-settle-after-a-wild-start-to-the-week/
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