Actualités Forex
KOSPI May Challenge Resistance At 2,500 Points
The South Korea stock market bounced higher again on Wednesday, one day after halting the six-day winning streak in which it had advanced more than 55 points or 2.4 percent. The KOSPI now rests just above the 2,460-point plateau and it's tipped to add to its winnings on Thursday.
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Australia Trade Data On Tap For Thursday
Australia will on Thursday release June figures for imports, exports and trade balance, highlighting a very light day for Asia-Pacific economic activity.
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TSX Ends Modestly Higher; Technology Stocks Rally
The Canadian market closed higher on Wednesday, led by gains in technology, healthcare and financials sectors.
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Dollar Climbs Higher On Solid Data, Hawkish Fed Comments
The U.S. dollar firmed against most of its major rivals on Wednesday, as bond yields rose after some Fed officials suggested the possibility of more aggressive rate hikes to combat inflation.
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Japanese Yen Weakens Amid Upbeat Economic Data
The Japanese yen fell against its major counterparts in the New York session on Wednesday, as recession concerns receded following strong U.S. services sector activity for July.
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Canadian Shares Turning In Mixed Performance
Canadian stocks are turning in a mixed performance on Wednesday with investors tracking earnings announcements, the trend in commodities markets, geopolitical news, and looking ahead to upcoming U.S. non-farm payroll data.
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Swiss Market Closes Modestly Higher
After opening weak and languishing in negative territory till a couple of hours past noon, the Switzerland stock market gradually moved higher on Wednesday and finally settled with modest gains.
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European Stocks Shrug Off Weak Start, Close On Firm Note
European stocks shrugged off a weak start and moved higher as the session progressed on Wednesday to eventually close with fairly solid gains.
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U.S. Dollar Higher On Hawkish Fed Comments
The U.S. dollar climbed against its major counterparts in the New York session on Wednesday, as U.S. treasury yields rose in the wake of comments from Fed officials suggesting the possibility of further aggressive interest rate hikes to control inflation.
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U.S. Factory Orders Jump Much More Than Expected In June
New orders for U.S. manufactured goods showed a significant increase in the month of June, according to a report released by the Commerce Department on Wednesday. The report showed factory orders shot up by 2.0 percent in June after surging by an upwardly revised 1.8 percent in May.
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U.S. Services Index Unexpectedly Rebounds From Two-Year Low In July
A report released by the Institute for Supply Management on Wednesday showed an unexpected acceleration in the pace of growth in U.S. services sector activity in the month of July. The ISM said its services PMI rose to 56.7 in July from 55.3 in June, with a reading above 50 indicating growth in the sector.
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AmerisourceBergen Q3 Results Top Estimates
AmerisourceBergen Corp. (ABC) on Wednesday reported that net income attributable to the company for the third quarter surged to $406.96 million or $1.92 per share from $292.12 million or $1.40 per share in the prior-year quarter.
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Ford July Total U.S. Sales Up 36.6%
Ford Motor Co. (F) said Wednesday that total U.S. sales for the month of July 2022 increased 36.6 percent to 163,942 vehicles from 120,053 vehicles in the same month last year. Ford's July retail sales were also up 52.3 percent.
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