Actualités Forex
European Economic News Preview: Germany ZEW Economic Sentiment Data Due
Economic confidence from Germany and public sector finances from the UK are due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, the Office for National Statistics releases UK public sector finance data for February. Public sector net borrowing is seen at GBP 10.1 billion compared to a surplus of GBP 6.24 billion in January.
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European Shares Seen Up In Cautious Trade As Fed Meeting Gets Underway
European stocks are seen opening on a positive note Tuesday amid growing bets that global central banks will adopt a less hawkish stance in the face of a potential bank breakdown.
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Sensex, Nifty Tad Higher In Cautious Trade
Indian shares were a tad higher in early trade on Tuesday as fears of a banking crisis eased, and investors awaited the Federal Reserve's interest-rate decision.
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Australian Dollar Slides Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.
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Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Tuesday, following the positive cues from global markets overnight, as traders reacted to the latest efforts to address turmoil in the global banking sector, including UBS' state-backed acquisition of Credit Suisse , and the US Fed joining with other global central banks to take coordinated action to enhance banks' access to U.S. dollar liquidity.
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Sensex, Nifty Set For Positive Start As Bank Worries Ease
Indian shares are seen opening higher on Tuesday as investors react to positive global cues and await the outcome of a two-day policy meeting of the Federal Reserve that gets underway later today.
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more news
Thai Stock Market Poised To Bounce Higher Again On Tuesday
The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had stumbled more than 90 points or 5.7 percent. The Stock Exchange of Thailand now rests just above the 1,555-point plateau although it's expected to find renewed support on Tuesday.
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Indonesia Stock Market Tipped To Open In The Green
The Indonesia stock market headed south again on Monday, one session after ending the three-day losing streak in which it had stumbled almost 220 points or 3.3 percent along the way. The Jakarta Composite Index now sits just above the 6,610-point plateau although it's likely to move higher again on Tuesday.
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Australian Market Sharply Higher
The Australian stock market sharply higher on Tuesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 staying just below the 7,000 mark, following the broadly positive cues from global markets overnight, with gains across most sectors, led by financial stocks, as traders reacted positively to the latest efforts made to address the turmoil in the global banking sector.
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Higher Open Called For Hong Kong Stock Market
The Hong Kong stock market has alternated between positive and negative finishes through the last six trading days since the end of the four-day losing streak in which it had plummeted almost 1,300 points or 6.4 percent. The Hang Seng Index now sits just beneath the 19,520-point plateau although it figures to open in the green again on Tuesday.
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China Stock Market Tipped To Reclaim Monday's Losses
The China stock market has alternated between positive and negative finishes through the last six trading days since the end of the five-day losing streak in which it had surrendered almost 100 points or 2.8 percent. The Shanghai Composite Index now sits just beneath the 3,235-point plateau and it figures to bounce higher again on Tuesday.
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RBA Minutes: Policy Tightening Is Warranted
Members of the Reserve Bank of Australia's Monetary Policy Board acknowledged that inflation is expected to remain above the bank's target range for at least the next two years, minutes from the board's March 7 meeting revealed on Tuesday - so the decision to tighten policy was warranted.
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