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European Shares Tread Water With Fed Decision Looming

Wednesday, 18 September 2019 23:57 WIB Stoxx 600 Saham Eropa

European shares steadied after early declines on Wednesday, as technology shares helped offset losses in luxury goods, while many investors remained on the sidelines ahead of an expected reduction in U.S. borrowing costs by the Federal Reserve. Apple Inc’s component suppliers AMS, STMicro and Infineon posted some of the biggest gains on the European technology subsector after strong pre-orders for the latest iteration of iPhone. Tech stocks rose 0.4%, while the pan-European STOXX 600 index edged 0.1% higher. Early market action remained tepid ahead of the Fed’s policy statement at 2 p.m. EDT (18:00 GMT), where it is expected to reduce U.S. interest rates for the second time this...

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Hong Kong shares fall for third day

Wednesday, 18 September 2019 15:33 WIB HANG SENG Saham HongKong

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China stocks rose on Wednesday on expectations of lower borrowing costs at home and the United States, with a resumption of trade talks between Beijing and Washington aiding risk appetite. China's blue-chip CSI300 Index gained 0.5% to 3,910.08,...

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