Forex News
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday.
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48 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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48 days ago
China Service Sector Growth Softens In August
China's service sector continued to expand but the pace of expansion eased since July on softening incoming new business, a monthly survey compiled by S&P Global showed on Wednesday. The headline Caixin services Purchasing Managers' Index posted 51.6 in August, down from 52.1 in July and economists' forecast of 51.9. The index has remained above the threshold of 50.0 for the 20th straight month.
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49 days ago
European Shares Set To Extend Losses Amid Growth Jitters
European stocks are seen opening sharply lower on Wednesday as investors fret about the U.S. economic outlook and await more economic readings this week for clues on the Federal Reserve's rate-cutting cycle.
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49 days ago
European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite Purchasing Managers' survey results from the euro area and the UK are due on Wednesday, headlining a busy day for the European economic news. At 3.15 am ET, services PMI survey data is due from Spain. Economists forecast the index to rise to 54.8 in August from 53.9 in the previous month. At 3.45 am ET, Italy's services PMI survey results are due.
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49 days ago
Sensex, Nifty Follow Global Peers Lower On US Slowdown Worries
Indian shares followed global peers lower on Wednesday as weak manufacturing data added to concerns that the U.S. economy could be headed to a recession.
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49 days ago
Asian Markets Mostly Trade Sharply Lower
Asian stock markets are mostly trading sharply lower on Wednesday, following the sell-off on the Wall Street overnight, as markets in Australia, Japan, South Korea, Hong Kong, Singapore and Taiwan all tumbled. Weak commodity prices, concerns about global economic growth and uncertainty about the pace of U.S. interest rate cuts weighed on the markets. Asian markets closed mostly lower on Tuesday.
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49 days ago
more news
Sensex, Nifty Set To Follow Global Peers Lower
Indian shares look set to open lower on Wednesday, tracking a sharp sell-off in global markets as investors fret about an U.S. economic slowdown and look ahead to the release of all-important U.S. jobs data on Friday for potential clues to Federal Reserve rate cuts.
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49 days ago
Japanese Market Sharply Lower; Down 3%
The Japanese stock market is trading sharply lower on Wednesday, adding to the slight losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling more than 3 percent to below the 37,500 level, with weakness across all sectors led by index heavyweights and technology stocks.
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49 days ago
Thai Stock Market To Remain Rangebound On Wednesday
The Thai stock market has alternated between positive and negative finishes through the last six trading days in which it had picked up more than 40 points or 3 percent. The Stock Exchange of Thailand now sits just beneath the 1,365-point plateau and it figures to head south again on Wednesday.
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49 days ago
Hong Kong Private Sector PMI Falls To 49.4 - S&P Global
The private sector in Hong Kong continued to contract in August, and at a faster pace, the latest survey from S&P Global revealed on Wednesday with a PMI score of 49.4.
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49 days ago
China Services Sector Ebbs In August - Caixin
The services sector in China continued to expand in August, albeit at a slower pace, the latest survey from Caixin revealed on Wednesday with a services PMI score of 51.6.
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49 days ago
Australia GDP Expands 0.2% In Q2
Australia's gross domestic product expanded a seasonally adjusted 0.2 percent on quarter in the second quarter of 2024, the Australian Bureau of Statistics said on Wednesday - in line with expectations and accelerating from 0.1 percent in the previous quarter.
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49 days ago
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