Actualités Forex
FTSE 100 Modestly Lower As Reform UK Overtakes Conservatives In Opinion Poll
U.K. stocks were slightly lower on Friday after Nigel Farage's Reform UK has surpassed Prime Minister Rishi Sunak's Conservatives in a YouGov poll.
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CAC 40 Extends Losses On Political Uncertainty, Inflation Concerns
French stocks tumbled on Friday to extend losses from the previous session as investors fretted about the political situation in the country.
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Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Friday.
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DAX Drifts Lower Amid EU Uncertainty; Banks Lead Losses
German stocks traded lower on Friday amid uncertainty over China's response to EU tariffs on Chinese electric vehicles.
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Asian Shares Mixed In Cautious Trade
Asian stocks ended mixed on Friday after Beijing slammed EU tariffs on Chinese electric vehicles as protectionist behavior and indicated it would take countermeasures in an escalating trade dispute.
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Tesla Stockholders Approve Elon Musk's $56 Bln Pay Package, Moving To Texas
Elon Musk, the founder and CEO of Tesla Inc., turned victorious after shareholders approved two major resolutions during Thursday's annual general meeting, including his $56 billion pay package, which was voided by a Delaware judge earlier this year. The luxury electric car maker's shareholders also approved a resolution to move its incorporation to Texas, the base of its largest U.S. factory.
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Yen Slides As BOJ Delays Bond Purchase Reduction
The Japanese yen weakened against other major currencies in the Asian session on Friday, after the Bank of Japan announced its interest rate to remain steady and announced plans to reduce bond buying in the future.
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more news
Bank Of Japan Delays Bond Purchase Reduction
The Bank of Japan delayed its normalization of policy on Friday as policymakers decided to unveil a detailed plan for reducing its bond purchase programme at its upcoming meeting in July. At the June meeting, the policy board governed by Ueda Kazuo, decided to conduct purchases of Japanese government bonds, CP, and corporate bonds in accordance with the decision made at the March meeting.
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Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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European Shares Seen Tad Higher On US Inflation Relief
European stocks are likely to open on a positive note Friday amid signs that price pressures may be easing in the United States.
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European Economic News Preview: Eurozone Foreign Trade Data Due
Foreign trade from the euro area and final consumer prices from France are the top economic news due on Friday. At 2.45 am ET, France's statistical office INSEE is slated to issue final consumer prices and harmonized consumer price data. The flash estimate showed that consumer price inflation held steady at 2.2 percent in May.
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Sensex, Nifty Modestly Lower; IT Stocks Decline On Profit Taking
Indian shares opened a tad lower on Friday after three straight sessions of gains.
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Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Friday, following the mixed cues from Wall Street overnight, amid fading hopes of a series of rate cuts by the US Fed after the central bank officials conservatively forecast just one rate cut this year in the post meeting comments. They said inflation has eased substantially in recent months but still remains too high.
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