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Wall Street faces a muddled outlook on Wednesday, as the veil of political uncertainty surrounding Greece in the wake of parliamentary elections, has not yet been lifted. Added to that, the new socialists regime in France is always a concern for the markets, as an about face in the government’s stance towards bailout funding to [...]
Continue Reading →Asian shares fell to a three-month low on Wednesday, as the Greek political impasse raised fears that the debt-embattled nation could reject its existing bailout plan that saved it from a chaotic bankruptcy and exit the European Union. Concerns over France’s political direction, weaker commodity prices and caution ahead of Chinese trade and inflation data, [...]
Continue Reading →Indian shares are edging lower on Wednesday, tracking weak Asian cues as political developments in Greece as well as in France stoked concerns about Europe’s fiscal health. Realty, metal, banking and oil/gas stocks are bearing the brunt of the selling, while FMCG and IT stocks are rising.
Continue Reading →Indian shares may open lower on Wednesday, extending the previous session’s sell-off, as investors continue to worry that the results of recent elections in France and Greece will negatively impact recent efforts to address the European debt crisis. Asian markets are trading broadly lower, tracking negative cues from Wall Street overnight.
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