Actualités Forex
Taiwan Shares Expected To Return To The Downside On Friday
Ahead of two days off because of Typhoon Krathon, the Taiwan stock market had ended the two-day slide in which it had dropped more than 630 points or 2.9 percent. The Taiwan Stock Exchange now rests just above the 22,390-point plateau and it's looking at a soft start upon its return on Friday.
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Singapore Bourse May Extend Thursday's Losses
The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the four-day losing streak in which it had slumped more than 65 points or 1.8 percent. The Straits Times Index now sits just above the 3,575-point plateau and it's likely to open under pressure again on Friday.
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Malaysia Stock Market Tipped To Open In The Red
The Malaysia stock market has moved lower in back-to-back sessions, dropping almost 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,640-point plateau and it may take further damage again on Friday.
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Losing Streak May Continue For South Korea Shares
Ahead of Thursday's holiday for National Day, the South Korea stock market had finished lower in three straight sessions, stumbling almost 110 points or 4.2 percent along the way. The KOSPI now sits just above the 2,560-point plateau and it may extend its losses on Friday.
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Canadian Market Ends On Weak Note; Energy Stocks Move Higher
The Canadian market ended weak on Thursday, weighed down by losses in real estate, materials and utilities sectors. However, the downside was just marginal thanks to strong and sustained buying at several counters in the energy sector.
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Australia Home Loan Data Due On Friday
Australia will on Friday release August figures for new home loans, highlighting a light day for Asia-Pacific economic activity. In July, overall home loans were up 2.9 percent on month, while investment lending climbed 5.4 percent.
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Dollar Rises Against Major Counterparts Ahead Of Jobs Data
The U.S. dollar climbed higher on Thursday as data showing a stronger than expected jump in U.S. service sector activity in the month of September dimmed prospects of any aggressive reduction in interest rate cuts by the Federal Reserve in the coming months.
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more news
Swiss Market Ends Notably Lower
After edging up slightly at the start, the Switzerland market slipped and languished in negative territory right through the trading session on Thursday, as worries about geopolitical tensions and some weak euro area economic data rendered the mood bearish.
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U.S. Dollar Extends Gains As Solid PMI Data Reduces Prospects Of Aggressive Rate Cut
The U.S. dollar extended gains against its major counterparts in the New York session on Thursday, as the nation's service sector activity climbed more than expected in September, reducing the likelihood of a 50 basis point rate cut by the Federal Reserve at the meeting in November.
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European Stocks Close Weak On Geopolitical Tensions, Weak Euro Area Economic Data
European stocks closed lower on Thursday as rising tensions in the Middle East and uncertainty about China's growth outlook despite the recent stimulus measures weighed on investor sentiment. Weak Euro area private sector data hurt as well.
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Canadian Shares Slightly Weak In Cautious Trade
Canadian shares are down in negative territory on Thursday, weighed down by concerns about tensions in the Middle East, and data showing another contraction in Canadian services sector activity. Gains in energy stocks thanks to higher oil prices, help limit the market's downside.
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U.S. Factory Orders Unexpectedly Dip 0.2% In August
A report released by the Commerce Department on Thursday unexpectedly showed a modest pullback by new orders for U.S. manufactured goods in the month of August. The Commerce Department said factory orders dipped by 0.2 percent in August after surging by a slightly downwardly revised 4.9 percent in July. Economists had expected factory orders to rise by 0.2 percent.
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U.S. Services Index Jumps To Highest Level In Well Over A Year In September
A reading on U.S. service sector activity climbed by much more than expected in the month of September, reaching its highest level in well over a year, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI shot up to 54.9 in September from 51.5 in August, with a reading above 50 indicating growth.
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