Forex Nyheter
China Exports Growth Eases Sharply In August
China's exports growth eased sharply in August reflecting weak global demand amid power shortages and heat waves dampening production, figures published by the General Administration of Customs revealed on Wednesday. Exports increased by less-than-expected 7.1 percent on a yearly basis in August. Economists had forecast the annual growth in shipments to ease to 12.8 percent from 18.0 percent.
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Bay Street Likely To Open Slightly Up; BoC Rate Decision In Focus
Canadian shares are likely to open slightly up, tracking marginally higher commodity prices. The focus will be on the Bank of Canada's interest rate decision, due shortly after the opening bell.
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REV Group Q3 Net Profit More Plunges; Trims FY22 Sales Outlook
REV Group, Inc. (REVG), a manufacturer of specialty vehicles, on Wednesday reported that net income for the third quarter plunged to $9.5 million or $0.16 per share from $23.7 million or $0.36 per share in the prior-year quarter.
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Target Says Brian Cornell Commits To Remain CEO For Approximately Three More Years
Target Corp. (TGT) announced Tuesday that Brian Cornell has committed to remain as CEO and lead the company for approximately three more years. With Cornell's commitment, Target's board of directors eliminated its retirement policy, which was designed to initiate a discussion regarding the possible retirement of its CEO at the age of 65.
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BioVie Announces Positive Topline Results From Phase 2 Trial Of NE3107 To Treat Alzheimer's Disease
Clinical-stage company BioVie Inc. (BIVI) announced Wednesday topline results from an investigator-Sponsored Phase 2 clinical trial of NE3107 for the treatment of Alzheimer's Disease (AD).
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Indian Shares End Slightly Lower Amid Weak Global Cues
Indian shares ended a tad lower on Wednesday, mirroring weak global cues as solid U.S. services data released overnight reinforced investor expectations for a more aggressive pace of FOMC rate hikes.
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European Shares Decline On Growth Worries
European stocks fell on Wednesday after data showed Chinese exports and imports lost momentum in August, adding to headwinds for the world's second-largest economy.
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more news
FTSE 100 Declines As Commodity Stocks Drag
U.K. stocks fell on Wednesday as weak Chinese data rekindled fears of an economic downturn in the world's second-largest economy.
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CA 40 Slips As Focus Turns To ECB
French stocks fell in cautious trade on Wednesday after official data showed Chinese exports growth slowed sharply in August amid softening global demand.
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DAX Dips On Weak Data
German stocks were moving lower on Wednesday after data showed Chinese exports and imports lost momentum in August, adding to headwinds for the world's second-largest economy.
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Asian Shares Slide On Recession Worries
Asian stocks hit a two-year low on Wednesday and the yen continued to decline, as solid U.S. services data released overnight reinforced investor expectations for a more aggressive pace of FOMC rate hikes.
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European Economics Preview: Germany Industrial Output Data Due
Industrial production from Germany and revised GDP data from the euro area are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis releases Germany's industrial output data for July. Economists forecast production to fall 0.5 percent on month, following a 0.4 percent rise in June.
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European Shares May Drift Lower As Growth Worries Mount
European stocks may open lower on Wednesday as global sentiment remains fragile amid concerns over aggressive Fed tightening, a worsening energy crisis in Europe and COVID-19 lockdowns in China.
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