Actualités Forex
South Korea Stocks May See Profit Taking On Tuesday
The South Korea stock market has climbed higher in four straight sessions, advancing more than 130 points or 5.8 percent along the way. The KOSPI now rests just above the 2,350-point plateau although investors may cash in on Tuesday.
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TSX Ends Modestly Higher
After opening modestly higher and moving up further Monday morning, the Canadian market kept paring gains past noon as the mood turned cautious following some slightly hawkish comments from a couple of Fed officials.
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Japan Household Spending Data Due On Tuesday
Japan will on Tuesday release November numbers for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to fall 0.5 percent on month and rise 0.5 percent on year after gaining 1.1 percent on month and 1.2 percent on year in October.
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Dollar Sheds Ground On Hopes Fed Will Slow Down Pace Of Policy Tightening
The U.S. dollar shed ground against most of its major counterparts on Monday with investors betting on a slower pace of policy tightening by the Federal Reserve following data showing a slower pace of wage growth in December.
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U.S. Stocks Fail To Hold Early Gains, End On Mixed Note
U.S. stocks failed to hold gains and ended on a mixed note on Monday as the mood turned cautious past mid afternoon after some Fed officials said the central bank will have to keep raising rates.
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Canadian Market Holding In Positive Territory; Technology Stocks Rally
Canadian shares are holding in positive territory Monday afternoon, led by gains in technology sector thanks to a drop in bond prices amid bets the Fed will slow its pace of monetary tightening.
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U.S. Stocks Up Firmly In Positive Territory; Tech Stocks Outperform
U.S. stocks are up firmly in positive territory Monday afternoon with the technology sector turning in a fine performance after bond yields dropped amid bets the Federal Reserve will slow down the pace of its interest rate hikes in the coming months.
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more news
Swiss Market Ends On Firm Note On Positive Global Cues
The Switzerland stock market ended on a firm note on Monday, in line with markets across Europe, as the mood remained fairly bullish on hopes the Federal Reserve will slow down the pace of its interest rate hikes following last week's data showing a contraction in U.S. service sector activity.
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European Stocks Close Higher On China Reopening Optimism, Easing Rate Concerns
European stocks closed higher on Monday, extending recent gains, as optimism surrounding China's reopening and expectations of slower interest rate hikes by the U.S. Federal Reserve.
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U.S. Dollar Weakens Amid Expectations For Less Aggressive Fed
The U.S. dollar lost ground against its major counterparts in the European session on Monday, as investors bet on a slower pace of policy tightening by the Federal Reserve in the wake of a lower than expected wage growth in December.
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Novavax Appoints John Jacobs To Succeed Stanley Erck As President And CEO
Biotechnology company Novavax, Inc. (NVAX) announced that John Jacobs will succeed Stanley Erck as President and Chief Executive Officer and a member of the Board of Directors, effective as of January 23, 2023. Erck will serve as an advisor to the Company for the next fifteen months to enable a smooth transition.
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Calithera Biosciences Board Of Directors Determine Dissolution Of Company
Calithera Biosciences, Inc. (CALA) announced Monday that its Board of Directors has determined, after extensive consideration of potential strategic alternatives, that it is in the best interests of its shareholders to dissolve the Company and liquidate its assets, following an orderly wind down of the company's operations.
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MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO
The Board of Directors of electronic trading platform MarketAxess Holdings Inc. (MKTX) announced Monday that, effective April 3, 2023, Chairman and Chief Executive Officer Richard McVey will become Executive Chairman and President and Chief Operating Officer Chris Concannon will be promoted to Chief Executive Officer. Concannon will also continue to serve as a director on the Company's Board.
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