Forex News
European Economics Preview: Germany GfK Consumer Confidence Due
Consumer confidence data from Germany and France are the only major reports due on Wednesday. At 2.00 am ET, the market research group GfK is slated to issue consumer sentiment survey data for October. The sentiment index is seen at -39.0 versus -36.5 in September.
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841 days ago
Sensex, Nifty Tumble On Fed Rate Hike Worries
Indian shares opened sharply lower on Wednesday, tracking weak global markets and a rising dollar after comments from Federal Reserve Bank of St. Louis President James Bullard and San Francisco Federal Reserve Bank President Mary Daly underscored the need for tighter policy.
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841 days ago
Asian Markets Tumbling On Recession Fears
Asian stock markets are mostly lower on Wednesday, following the mixed to negative cues from global markets overnight, as traders are cautious and remained worried that efforts by central banks around the world to curb inflation may trigger a global recession. Uncertainty due to the ongoing conflict in Ukraine is also weighing on market sentiment. Asian Markets closed mostly higher on Tuesday.
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841 days ago
Sensex, Nifty Set For Steep Sell-off As Dollar Resumes Rally
Indian shares look set to open on a tepid note Wednesday as markets price in slower growth in the near term because of higher interest rates and inflation.
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841 days ago
Japanese Market Tumbling
The Japanese stock market is sharply lower on Wednesday, giving up the small gains in the previous session, with the Nikkei 225 falling 600 points to below the 26,000 mark, following the mixed cues from Wall Street overnight, with weakness across all sectors as trades react to the release of the minutes from the Bank of Japan's monetary policy meeting.
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841 days ago
Steady Start Eyed For Thai Stock Market
The Thai stock market has finished lower in three straight sessions, slipping almost 35 points or 2.3 percent along the way. The Stock Exchange of Thailand now rests just above the 1,610-point plateau although it may find traction on Wednesday.
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841 days ago
Higher Open Called For Indonesia Stock Market
The Indonesia stock market has finished lower in three straight sessions, sinking more than 100 points 1.4 percent along the way. The Jakarta Composite Index now rests just above the 7,110-point plateau although it may halt its slide on Wednesday.
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841 days ago
more news
Australia Retail Sales Rise 0.6% On Month In August
The value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in August, the Australian Bureau of Statistics said on Wednesday - coming in at A$34.881 billion.
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841 days ago
Australian Market Slightly Higher
The Australian stock market is slightly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving a tod above the 6,500 level, following the mixed cues from Wall Street overnight, with energy and resource stocks continuing their rebound from the recent heavy losses amid a spike in commodity prices.
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841 days ago
Mild Upside Predicted For Hong Kong Shares
The Hong Kong stock market on Tuesday ended the four-day losing streak in which it had plummeted more than 925 points or 5 percent to an 11-year closing low. The Hang Seng Index now sits just above the 17,860-point plateau and it may add to its winnings on Wednesday.
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841 days ago
China Stock Market May Test Resistance At 3,100 Points
The China stock market on Tuesday ended the four-day losing streak in which it had dropped more than 70 points or 2.4 percent. The Shanghai Composite Index now sits just above the 3,090-point plateau and it's likely to remain in that neighborhood again on Wednesday.
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841 days ago
Taiwan Stock Market May Add To Its Winnings On Wednesday
The Taiwan stock market on Tuesday snapped the four-day losing streak in which it had tumbled more than 760 points or 6.4 percent. The Taiwan Stock Exchange now rests just above the 13,825-point plateau and it's tipped to open slightly higher again on Wednesday,
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841 days ago
BoJ Minutes: Japan Economy Picking Up Steam
Members of the Bank of Japan's Monetary Policy Board agree that the country's economy is trending higher as the effects of COVID-19 wane, minutes from the bank's meeting on July 20 and 21 revealed on Wednesday.
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841 days ago
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