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Dollar Remains Subdued Despite Strong Economic Data
The U.S. dollar turned in a subdued performance on Thursday despite some strong economic data, and prospects of the Federal Reserve holding interest rates higher in the near-term.
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vor 544 Tagen
New Zealand Retail Sales Slump 1.9% In Q4
The total volume of retail sales in New Zealand was down a seasonally adjusted 1.9 percent on quarter in the fourth quarter of 2023, Statistics New Zealand said - contracting for the eight straight quarter.
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vor 544 Tagen
TSX Ends On Firm Note
The Canadian market ended on a firm note on Thursday, led by gains in technology, healthcare, industrials and consumer staples sectors. Strong fourth quarter results and upbeat revenue guidance from U.S. chipmaker NVIDIA buoyed up technology stocks.
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vor 544 Tagen
New Zealand Retail Sales Data Due On Friday
New Zealand will on Friday release Q4 figures for retail sales, highlighting a modest day for Asia-Pacific economic activity.
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vor 544 Tagen
Swiss Market Ends Weak Again
The Switzerland market ended on a weak note on Thursday, extending recent losses, even as markets across Europe turned in a fine performance on strong earnings updates and fairly encouraging economic data.
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vor 545 Tagen
European Stocks Close On Firm Note As Investors Cheer Earnings, Economic Data
European stocks closed higher on Thursday with investors cheering some strong earnings updates, including U.S. tech major NVIDIA, which reported strong quarterly results and upbeat revenue guidance, in addition to digesting European and U.S. economic data.
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vor 545 Tagen
Canadian Market Up In Positive Territory; Technology, Healthcare Stocks Shine
The Canadian market is up firmly in positive territory a little past noon on Thursday, with technology stocks posting strong gains, tracking cues from Wall Street after NVIDIA reported strong quarterly results and upbeat revenue guidance.
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vor 545 Tagen
more news
U.S. Dollar Firms As Jobless Claims Fall Unexpectedly
The U.S. dollar climbed against its major counterparts in the New York session on Thursday, as a drop in weekly jobless claims suggested that the Federal Reserve is unlikely to rush to lower rates.
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vor 545 Tagen
ECB Minutes Reveal Consensus On Risk Of Cutting Policy Rates Too Early
European Central Bank policymakers agreed in their meeting late January that it was premature to discuss interest rate cuts now which could derail the return of inflation to the 2 percent target, minutes of the policy session held on January 24-25 showed Thursday.
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vor 545 Tagen
U.S. Existing Home Sales Show Significant Rebound In January
Existing home sales in the U.S. saw a significant rebound in the month of January, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales jumped by 3.1 percent to an annual rate of 4.00 million in January after falling by 0.8 percent to a revised rate of 3.88 million in December.
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vor 545 Tagen
Moderna Stock Up 6% As Q4 Results Top Estimates
Biotechnology company Moderna reported a profit for the fourth quarter that plunged from last year, reflecting a sharp drop in COVID-19 vaccines sales. However, both earnings per share and revenues for the quarter topped analysts' expectations. The company also reaffirmed its 2024 product sales outlook.
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vor 545 Tagen
Turkey Maintains Policy Rate At 45% Under New Governor
The Turkish central bank left its benchmark rate unchanged at the first policy meeting under the governorship of Fatih Karahan after a slew of rate hikes, and signaled that the rate will be maintained at the current level or will be tightened further in case of persistent deterioration in the inflation outlook.
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vor 545 Tagen
U.S. Weekly Jobless Claims Unexpectedly Dip To 201,000
A report released by the Labor Department on Thursday showed an unexpected dip in first-time claims for U.S. unemployment benefits in the week ended February 17th.
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vor 545 Tagen
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