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Overbought Singapore Stock Market Called Higher Again On Monday
The Singapore stock market has moved higher in five straight sessions, collecting more than 80 points or 2.7 percent along the way. The Straits Times Index now sits just above the 3,130-point plateau and it's got a positive lead again for Monday's trade.
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vor 662 Tagen
Malaysia Bourse May Add To Its Winnings On Monday
The Malaysia stock market has moved higher in back-to-back sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,450-point plateau and it's tipped to see additional support on Monday.
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vor 662 Tagen
Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in three straight sessions, gathering more than 90 points or 3.8 percent along the way. The KOSPI now sits just beneath the 2,370-point plateau and it's expected to add to its winnings again on Monday.
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vor 662 Tagen
BoJ Minutes Due On Monday
The Bank of Japan will on Monday release the minutes from its Sept. 21 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.
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vor 662 Tagen
U.S. Dollar Moves Sharply Lower Following Jobs Data
The value of the U.S. dollar has shown a significant move to the downside during trading on Friday, extending the sharp pullback seen on Thursday. The U.S. dollar index has tumbled 1.03 points or 1.0 percent or 105.09, falling to its lowest levels in well over a month.
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vor 664 Tagen
Softer-than-expected Nonfarm Payrolls Data Pulls Down U.S. Dollar
The U.S. dollar fell against its major counterparts in the New York session on Friday, as a weaker-than-expected nonfarm payrolls data for October bolstered hopes of a halt to monetary tightening by the Federal Reserve.
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vor 664 Tagen
U.S. Service Sector Growth Slows More Than Expected In October
A report released by the Institute for Supply Management on Friday showed a bigger than expected slowdown in the pace of growth in U.S. service sector activity in the month of October. The ISM said its services PMI fell to 51.8 in October from 53.6 in September, although a reading above 50 still indicates growth. Economists had expected the index to edge down to 53.0.
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vor 664 Tagen
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U.S. Job Growth Falls Short Of Estimates In October
After reporting much stronger than expected job growth in the previous month, the Labor Department released a report on Friday showing U.S. employment rose by less than expected in the month of October. The closely watched report said employment climbed by 150,000 jobs in October after jumping by a revised 297,000 jobs in September. Economists had expected employment to increase by 180,000 jobs.
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vor 664 Tagen
Tobacco, E-Cigarette Use Among High School Students Drop: FDA, CDC
Overall tobacco product use among U.S. high school students declined in 2023, primarily attributable to reduced e-cigarette use, the U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC said, citing the 2023 National Youth Tobacco Survey or NYTS. Meanwhile, there was an increase in current overall tobacco product use and multiple tobacco product use...
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vor 664 Tagen
U.S. Employment Climbs Less Than Expected In October
After reporting much stronger than expected job growth in the previous month, the Labor Department released a report on Friday showing U.S. employment rose by less than expected in the month of October.
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vor 664 Tagen
Bay Street Likely To Open On Subdued Note; Canadian, U.S. Jobs Data In Focus
Although slightly sluggish Canadian and U.S. futures, and subdued European stocks point to a muted start on Bay Street Friday morning, Canadian and U.S. jobs data hold the key for the market's direction.
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vor 664 Tagen
Euro Higher On Bets Of Peak Interest Rates
The euro climbed against its major counterparts in the European session on Friday, as weak U.S. economic data released overnight spurred bets that the Federal Reserve was done with its rate hikes for the year.
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vor 664 Tagen
Societe Generale Q3 Profit Hit By French Retail Issues
French financial service provider Societe Generale S.A. reported Friday a sharp drop in its third-quarter profit amid weak revenues. According to the company, the net result was penalized by the negative effect of short-term hedges on net interest income in French retail, the impact of which peaked in the third quarter.
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vor 664 Tagen
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