Actualités Forex
South Korea Bourse May Run Out Of Steam
The South Korea stock market has moved higher in two straight sessions, collecting almost 70 points or 2.6 percent along the way. The KOSPI now sits just above the 2,745-point plateau although the rally may stall on Thursday.
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China Trade Data On Tap For Thursday
China will on Thursday see April results for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.
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TSX Snaps 5-day Winning Streak, Ends Marginally Down
After five successive days of gains, the Canadian market ended marginally down on Wednesday, recovering well after an early tumble thanks to some strong buying at select counters post mid afternoon.
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Dollar Stays Firm Against Major Counterparts
The U.S. dollar gained some ground against its major counterparts on Wednesday with traders assessing the likely move of the Federal Reserve with regard to interest rates, after recent economic data and hawkish comments from some Fed officials.
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U.S. Dollar Weakens Against Most Majors
The U.S. dollar lost ground against its most major counterparts in the New York session on Wednesday.
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Swiss Market Ends Higher For 4th Straight Day
The Switzerland market ended on a firm note on Wednesday, extending recent gains, amid continued optimism about interest rate cuts by several central banks, including the Swiss National Bank. Investors continued to react positively to some upbeat earnings updates as well.
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Canadian Dollar Firms Against Majors
The Canadian dollar strengthened against its major counterparts in the New York session on Wednesday.
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more news
European Stocks Close Higher Again On Earnings, Rate Cut Hopes
European stocks closed higher on Wednesday, turned in another positive performance after recent gains amid rising optimism about interest rate cuts by central banks in the second or third quarter of this year. Fairly encouraging batch of corporate earnings updates too helped underpin sentiment.
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Canadian Market Down In Negative Territory; Shopify Tanks On Weak Results
The Canadian market is notably lower Wednesday morning, weighed down by disappointing results from some big name companies, including Shopify Inc. A bit of uncertainty about the outlook for Fed interest rates also appear to be forcing investors into a defensive mood.
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Uber Q1 Net Loss Sharply Widens, Misses Estimates
Ride-hailing and delivery platform Uber Technologies, Inc. (UBER) reported Wednesday a net loss for the first quarter that sharply widened from last year, hurt by a huge net unrealized loss related to the revaluation of Uber's equity investments. Loss per share for the quarter missed analysts' expectations, while quarterly revenues topped it.
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U.S. Wholesale Inventories Decrease 0.4% In March, In Line With Estimates
The Commerce Department released a report on Wednesday showing a pullback by U.S. wholesale inventories in the month of March. The report said wholesale inventories fell by 0.4 percent in March after rising by 0.2 percent in February. The decrease by wholesale inventories matched economist estimates.
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U.S. Mortgage Applications Rebound By 2.6% In Week Ended 5/3
Mortgage applications in the U.S. saw a notable rebound in the week ended May 3rd, according to a report released by the Mortgage Bankers Association on Wednesday.
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CleanSpark Appoints Scott Garrison As COO And Taylor Monnig As CTO
Bitcoin Miner CleanSpark, Inc. (CLSK) announced Wednesday the appointments of Scott Garrison as chief operating officer and Taylor Monnig as chief technology officer. They are both promoted to new C-suite positions.
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