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South Korea Shares May Turn Lower Again
The South Korea stock market on Monday halted the three-day losing streak in which it had stumbled almost 75 points or 2.9 percent. The KOSPI now sits just beneath the 2,590-point plateau, although it may hand back those gains on Tuesday.
The global forecast for the Asian markets is flat to lower ahead of the U.S. presidential election and the Federal Reserve rate decision this week. The European and U.S. markets were down and the Asian bourses are tipped to open in similar fashion.
The KOSPI finished sharply higher on Monday following gains from the technology stocks and industrials, while the financials and chemical companies were mixed.
For the day, the index rallied 46.61 points or 1.83 percent to finish at the daily high of 2,588.97 after trading as low as 2,542.68. Volume was 367.8 million shares worth 7.9 trillion won. There were 619 gainers and 254 decliners.
Among the actives, Shinhan Financial collected 0.93 percent, while KB Financial slumped 1.20 percent, Hana Financial retreated 1.31 percent, Samsung Electronics added 0.69 percent, Samsung SDI jumped 1.81 percent, LG Electronics improved 1.65 percent, SK Hynix surged 6.46 percent, Naver spiked 3.01 percent, LG Chem climbed 1.73 percent, Lotte Chemical dropped 0.97 percent, SK Innovation lost 0.57 percent, POSCO rallied 2.37 percent, SK Telecom dipped 0.18 percent, KEPCO rose 0.22 percent, Hyundai Motor strengthened 1.41 percent, Kia Motors accelerated 3.29 percent and Hyundai Mobis was unchanged.
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vor 20 Tagen
Australia Interest Rate Decision Due On Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate steady at 4.35 percent.
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vor 20 Tagen
Canadian Markets Ends Flat
After a weak start and a subsequent swift recovery that resulted in a brief spell in positive territory, the Canadian market fell into the red around late morning on Monday, and finally ended the day's session on a flat note.
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vor 20 Tagen
Dollar Slips Against Major Counterparts Ahead Of US Presidential Election
The U.S. dollar shed ground on Monday with traders unwinding some long positions ahead of the presidential election. Traders are also eying the Federal Reserve's monetary policy announcement, due on Thursday.
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vor 20 Tagen
Canadian Shares Turning In Mixed Performance; TSX Down Marginally
Canadian stocks are turning in a mixed performance on Monday with investors looking ahead to the U.S. Presidential election on Tuesday and the Federal Reserve's monetary policy announcement. Energy stocks are faring well thanks to higher oil prices.
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vor 20 Tagen
Swiss Market Ends Moderately Lower
After opening marginally down, the Switzerland market looked for direction till about a couple of hours past noon on Monday, and then edged down and closed moderately lower due to heavy selling at a few counters.
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vor 20 Tagen
Canadian Dollar Advances As Oil Prices Gain
The Canadian dollar climbed against its major counterparts in the New York session on Monday, as oil prices rose after OPEC+ agreed to push back its December production increase by at least a month, prioritizing price support over regaining market share.
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vor 20 Tagen
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European Stocks Close Broadly Lower After Cautious Session
European stocks closed broadly lower on Monday, as investors largely stayed cautious and refrained from making big moves ahead of U.S. Presidential election, and the Federal Reserve's monetary policy announcement, due on Tuesday and Wednesday, respectively.
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vor 20 Tagen
Eurozone Investor Sentiment Improves For Second Month - Sentix
Investor confidence in the euro area strengthened for a second straight month in November amid a modest improvement in the economic data from Germany and optimism about the outcome of the presidential election in the U.S., while markets continue to look for some solid stimulus news from China, results of the closely watched Sentix survey showed on Monday.
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vor 20 Tagen
U.S. Factory Orders Decrease In Line With Estimates In September
New orders for U.S. manufactured goods declined in line with economist estimates in the month of September, according to a report released by the Commerce Department on Monday. The Commerce Department said factory orders fell by 0.5 percent in September, matching expectations.
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vor 20 Tagen
Dollar Index Edges Up As Markets Eye Vote And Fed
Currency market movements during the week ended November 1 were dominated by uncertainty surrounding the U.S. Presidential election as well as the Fed's impending interest rate review.
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vor 20 Tagen
Bay Street Likely To Open On Positive Note
The Canadian market is likely to open on a firm note Monday morning with energy stocks finding support on rising crude oil prices. With U.S. presidential election happening on Tuesday and the Federal Reserve's monetary policy announcement due on Wednesday, the mood in the market is likely to be a bit cautious.
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vor 20 Tagen
Sensex Drops 942 Points; Nifty Ends Below 24,000
Indian shares tumbled on Monday, as heightened tensions in the Middle East along with anxiety ahead of this week's U.S. presidential election and the Federal Reserve's interest-rate decision dented investors' appetite for risk.
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vor 20 Tagen
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