Actualités Forex
Boeing To Cut About 2000 Finance, HR Jobs In 2023
Boeing Co. plans to cut about 2,000 jobs this year primarily in finance and human resources through a combination of attrition and layoffs, reports said. With the planned cuts, the aerospace and defense major aims to simplify its corporate structure as it focuses on engineering and manufacturing. The company reportedly would outsource some jobs overseas, mainly to India-based Tata Consulting...
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CAC 40 Little Changed As BNP Paribas Misses Q4 Expectations
French stocks were largely steady on Tuesday, as BNP Paribas raised its 2025 targets and announced a 5 billion-euro share buyback program in 2023, despite posting a lower-than-expected profit in the fourth quarter.
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Philippine Inflation Rises To 8.7%, Highest Since December 2008
The Philippines' consumer price inflation accelerated unexpectedly at the start of the year to the highest level in just over fourteen years, largely driven by higher costs for utilities and food products, data from the Philippine Statistical Authority showed on Tuesday, raising the likelihood of yet another rate hike from the central bank next week.
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DAX Edges Lower On Interest-rate Concerns
German stocks edged lower on Tuesday as investors fretted about the impact of higher interest rates on economic growth.
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Asian Shares Mixed Ahead Of Powell's Speech
Asian stocks ended mixed on Tuesday and the dollar rally paused as investors assessed the outlook for growth and interest rates in developed economies.
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Australian Dollar Firms As RBA Hikes Rate By 25 Bps; Signals More Increases
The Australian dollar spiked up against its major counterparts in the Asian session on Tuesday, as the Reserve Bank of Australia raised its benchmark rate by a quarter-point and signaled further hikes amid growing price pressures.
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Australia Lifts Rate By 25 Bps, Signals More Hikes On Cards
Australia's central bank raised its benchmark rate by a quarter-point and tweaked its forward guidance triggering expectations for more hikes. At the first board meeting of the year, the Reserve Bank of Australia policymakers decided to lift the cash rate target by 25 basis points to 3.35 percent. The rate decision came in line with expectations.
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more news
European Economic News Preview: Germany Industrial Output Data Due
Industrial production from Germany and house prices from the UK are the top economic news due on Tuesday. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for December. Production is expected to fall 0.7 percent on month, reversing a 0.2 percent rise in November.
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European Shares Set For Positive Opening
European stocks are likely to open on a positive note Tuesday despite lingering worries about higher interest rates.
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Sensex, Nifty Give Up Early Gains
Indian shares gave up early gains to trade lower on Tuesday, tracking mixed cues from global markets and ahead of the Reserve Bank of India's monetary policy decision due Wednesday.
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remain cautious and continued to refrain from creating fresh long positions. They are likely to keep an eye on remarks by US Federal Reserve Chair Jerome Powell later in the day for additional clues about the outlook for further rate hikes.
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Sensex, Nifty Seen Slightly Higher At Open
Indian shares look set to open higher on Tuesday, though volatility cannot be ruled out ahead of the Reserve Bank of India's monetary policy decision due Wednesday and an ongoing sell-off in Adani Group stocks.
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Thai Stock Market May Extend Monday's Losses
The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen almost 10 points or 0.6 percent. The Stock Exchange of Thailand now rests just above the 1,680-point plateau and the losses may accelerate on Tuesday.
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