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Forex News
South Korea Shares Poised To Halt Losing Streak
The South Korea stock market has finished lower in three straight sessions, stumbling more than 160 points or 6.4 percent in that span. The KOSPI now sits just above the 2,480-point plateau although it may stop the bleeding on Tuesday.
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3 days ago
Australia Manufacturing Sector Accelerates In March - S&P Global
The manufacturing sector in Australia continued to expand in March, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 52.1.
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3 days ago
Australia Rate Decision On Tap For Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate steady at 4.10 percent.
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3 days ago
Swiss Franc Weakens Against Most Majors
The Swiss franc fell against its most major counterparts in the New York session on Monday.
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3 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar advanced against its major counterparts in the New York session on Monday.
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3 days ago
Swiss Market Ends Sharply Lower
The Switzerland market ended sharply lower on Monday, in line with markets across Europe, as concerns about new tariffs and their impact on global economic growth rendered the mood extremely bearish.
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3 days ago
European Stocks Close Lower On Trade War Fears
European stocks closed on a weak note on Monday after languishing in the red right through the day's session amid rising fears of a global trade war.
U.S. President Donald Trump said in an interview on Sunday that he will likely impose duties on "essentially all" of the U.S.'s trading partners.
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3 days ago
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German Inflation At 4-Month Low Adds To ECB Rate Cut Hopes
Consumer price inflation in Germany slowed in March to its lowest level in four months as services cost growth eased further and energy prices fell at a steeper rate, boosting hopes that the European Central Bank will continue cutting interest rates this month.
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3 days ago
Canadian Market Recovers After Weak Start; TSX Modestly Higher
After opening with a negative gap and falling further in early trades, the Canadian market emerged into positive territory on Monday, led by gains in consumer staples, energy, communications and consumer discretionary sectors.
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3 days ago
UK Mortgage Approvals Fall Slightly; Consumer Credit Drops
UK mortgage approvals for house purchase decreased slightly in February, as changes in stamp duty from April 1 softened housing market activity, while consumer credit decreased from the last month, official data showed on Monday. Mortgage approvals for house purchases decreased 600 to 65,500 in February, the Bank of England reported. This followed a decrease of 400 in January.
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3 days ago
Bay Street Looks Headed For Weak Start
Canadian shares look headed for a weak start Monday morning, tracking a sell-off in global markets amid fears U.S. President Donald Trump's economic policies and possible retaliatory actions by targeted countries will fuel inflation, keep interest rates higher and drag down global economic growth.
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3 days ago
Dollar Edges Down Despite PCE Inflation Uptick
The Dollar Index edged lower during the week ended March 28, amidst turbulence related to trade tariffs and the release of hotter-than-expected PCE-based inflation readings.
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3 days ago
FTSE Notably Lower As Trade War Fears Hurt Sentiment
U.K. stocks are down firmly in negative territory on Monday, tracking weak global markets amid rising fears of a global trade war after the U.S. President Donald Trump said he will likely impose duties on "essentially all" of the U.S.'s trading partners.
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3 days ago
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