Actualités Forex

Antipodean Currencies Slide Amid Risk Aversion

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Wednesday amidst risk aversion, as some traders looked to cash in on recent strength in the markets and booked some profits. The rising tensions in the Middle East and reports about China's extensive drills around Taiwan are also hurting market sentiment.
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European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer and producer prices are due from the UK on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for September. Inflation is expected to ease to 1.9 percent from 2.2 percent in August. Economists
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Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, as some traders looked to cash in on recent strength in the markets and booked some profits. The rising tensions in the Middle East and reports about China's extensive drills around Taiwan are also hurting market sentiment. Asian markets closed mostly higher on Tuesday.
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Sensex, Nifty Set To Follow Global Peers Lower

Sensex, Nifty Set To Follow Global Peers Lower

Indian shares look set to open on a tepid note Wednesday as investors react to weak cues from global markets and market regulator SEBI's decision hiking position limits for trading members in F&O contracts. Position limits are calculated on the notional value of a contract.
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Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is trading sharply lower on Wednesday, snapping a four-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 39,300 level, with weakness across all sectors led by index heavyweights and technology stocks.
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Thai Stock Market May Take Further Damage On Wednesday

Thai Stock Market May Take Further Damage On Wednesday

The Thai stock market on Tuesday ended the four-day winning streak in which it had improved almost 20 points or 1.4 percent. The Stock Exchange of Thailand now rests just above the 1,465-point plateau and the losses may accelerate on Wednesday. The global forecast for the Asian markets is negative thanks to a combination of weak economic and earnings news, while profit taking may also be in order. The European and U.S. markets were down and the Asian bourses are expected to follow that lead.
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Indonesia Stock Market Due For Profit Taking On Wednesday

Indonesia Stock Market Due For Profit Taking On Wednesday

The Indonesia stock market has tracked higher in three straight sessions, climbing more than 140 points or 1.9 percent along the way. The Jakarta Composite Index now rests just above the 7,625-point plateau although investors may lock in gains on Wednesday.
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Australian Market Modestly Lower

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday, giving up some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 falling below the 8,300 level, following the broadly negative cues from Wall Street overnight, with weakness in iron ore miners, energy and technology stocks were nearly offset by gains in gold miners and financial stocks.
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More Pain Predicted For Hong Kong Stock Market

More Pain Predicted For Hong Kong Stock Market

The Hong Kong stock market has moved lower in consecutive trading days, stumbling almost 850 points or 4 percent along the way. The Hang Seng Index now sits just shy of the 20,320-point plateau and it may take further damage again on Wednesday.
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China Bourse May Extend Tuesday's Losses

China Bourse May Extend Tuesday's Losses

The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just above the 3,200-point plateau and it may take further damage on Wednesday.
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