Forex Nyheter
Little Movement Expected For Malaysia Stock Market
The Malaysia stock market on Tuesday wrote a finish to the six-day losing streak in which it had stumbled more than 35 points or 2.3 percent. The Kuala Lumpur Composite Index now sits just above the 1,615-point plateau and it's likely to hold steady in that neighborhood again on Wednesday.
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KOSPI May Run Out Of Steam On Wednesday
The South Korea stock market has moved higher in three straight sessions, advancing more than 35 points or 1.4 percent along the way. The KOSPI now sits just above the 2,615-point plateau although it may spin its wheels on Wednesday.
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TSX Ends Slightly Down After Cautious Session
After a weak start and a subsequent modest upmove, the Canadian market retreated Tuesday morning and spent the rest of the day's session in negative territory as investors digested quarterly earnings updates from Canadian and U.S. companies and awaited some crucial economic data for directional cues.
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Australia Inflation Data Due On Wednesday
Australia will on Wednesday release Q3 figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
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Dollar Struggles For Direction Ahead Of Key Economic Data
The U.S. dollar moved higher in the New York session on Tuesday but gave up gains and struggled for direction with investors digesting a mixed batch of economic data, and looked ahead for more for clues on the Federal Reserve's monetary policy move next week.
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Swiss Market Ends Notably Lower
Save for a few minutes at the start, the Switzerland market remained in negative territory on Tuesday as investors reacted to a slew of earnings updates, and looked ahead to some key economic data from the U.S.
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European Stocks Close Lower As Investors Digest Results, Eye Fresh Economic Data
European stocks closed lower on Tuesday with investors digesting a slew of earnings reports from European and U.S. companies, and looking ahead to some crucial economic data due later in the week.
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more news
Pound Advances Ahead Of Budget
The pound climbed against its major counterparts in the New York session on Tuesday ahead of the budget announcement due on Wednesday.
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U.S. Job Openings Decrease To 7.44 Million In September
The Labor Department released a report on Tuesday showing a decrease by job openings in the U.S. in the month of September.
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U.S. Consumer Confidence Improves Much More Than Expected In October
A report released by the Conference Board on Tuesday showed a substantial improvement by U.S. consumer confidence in the month of October. The Conference Board said its consumer confidence index surged to 108.7 in October after tumbling to a revised 99.2 in September. Economists had expected the consumer confidence index to inch up to 99.1 from the 98.7 originally reported for the previous month.
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Xerox Shares Hit On Cautious Outlook After Q3 Miss Street
Shares of Xerox Holdings Corp. were plunging around 21 percent in the early morning trading on the Nasdaq, as the workplace technology company trimmed its fiscal 2024 margin and revenue forecast, after reporting a hefty loss in its third quarter, compared to prior year's profit, with weak revenues. Adjusted earnings and top line missed market estimates.
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Novartis Lifts FY24 Outlook After Q3 Beats Market; But Stock Down
Swiss drug major Novartis AG on Tuesday raised its core operating income and sales guidance for fiscal 2024 after reporting significantly higher profit in its third quarter, driven by sales growth in key drugs. The third-quarter core earnings and topline beat market estimates. Meanwhile, the shares were losing around 3 percent in the Swiss trading as well as in early morning trading on the NYSE.
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UK Mortgage Approvals At 25-Month High
UK mortgage approvals increased to the highest level in more than two years in September suggesting renewed confidence in the housing market, official data revealed Tuesday. Mortgage approvals for house purchases, an indicator of future borrowing, rose by 700 to 65,600 in September, the Bank of England reported. This was the highest since August 2022.
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