Forex News
Oil Drop Lifts Canadian Equities; Materials Stocks Up Sharply
Canadian equities rallied Monday as oil prices fell following U.S. President Donald Trump's remarks that military strikes on Iran were "highly unlikely." Materials and financials sectors led gains amid firm precious metals prices.
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2h 39min ago
Swiss Market Ends Notably Higher
The Switzerland market closed on a firm note on Monday, in line with markets across Europe, as a sharp drop in oil prices and softening bond yields helped underpin sentiment.
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3h 3min ago
European Markets Close On Firm Note As Oil Prices Fall Sharply
European markets closed on a firm note on Monday as a drop in oil prices and softening bond yields helped underpin sentiment. Higher precious metals prices lifted mining stocks, and some rating upgrades contributed as well to the move up north.
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3h 27min ago
U.S. Wholesale Inventories Climb More Than Expected In September
Wholesale inventories in the U.S. increased by more than expected in the month of September, according to a report released by the Commerce Department on Monday. The Commerce Department said wholesale inventories climbed by 0.7 percent in September after rising by an upwardly revised 0.6 percent in August.
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5h 50min ago
Jobs-led Rate Hike Worries Push Dollar Higher
The U.S. Dollar extended gains against major currencies during the week ended November 6 amidst a massive spike in non-farm payrolls in the U.S. The better-than-expected jobs data increased the headroom available to the Federal Reserve to raise rates, bolstering the greenback. The payrolls-driven rally more than offset the dollar's decline that followed the midterm election results.
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8h 20min ago
Canadian Market Likely To Open On Positive Note
Higher Canadian and U.S. futures combined with firm precious metals prices signal a positive start for Canadian equities Monday. Oil prices declined following remarks by U.S. President Donald Trump that renewed military strikes on Iran were "highly unlikely."
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8h 28min ago
U.S. Dollar Falls As European Shares Trade Higher
The U.S. dollar weakened against other major currencies in the European session on Monday, as the region's stocks traded higher heading into a high-stakes week defined by speeches from a slew of European Central Bank officials, the release of U.S. inflation prints, and the latest third quarter growth estimates from many countries that could influence expectations for monetary policy.
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8h 49min ago
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FTSE 100 Climbs Higher As Miners Post Strong Gains
The U.K. stock market's benchmark index FTSE 100 climbed higher on Monday, lifted by strong gains in the mining sector. Weak crude oil prices and softening bond yields boosted sentiment.
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9h 59min ago
CAC 40 Climbs Higher On Corporate News, Weak Oil Prices
France's equity benchmark CAC 40 moved higher on Monday, rebounding a bit from recent losses, as oil prices dropped and bond yields softened slightly.
Oil prices dropped following remarks by U.S. President Donald Trump that renewed military strikes on Iran were "highly unlikely" while talks to end their eight-month-old conflict continue.
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10h 11min ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Monday.
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10h 15min ago
UniCredit Lifts FY26 Profit View After Higher Q3; Plans Control Of Commerzbank; Stock Gains
Shares of UniCredit S.p.A. were gaining around 5 percent in Italian trading after the bank on Monday raised fiscal 2026 outlook after reporting strong growth in third-quarter profit and revenues. The Italian lender, which is in the process of full consolidation of Commerzbank AG, further said it is heading into 2027 with strong momentum, while confirming profit targets for fiscal 2028 and 2030.
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10h 19min ago
DAX Advances As Oil Prices Drop; Commerzbank, SAP Rise On Rating Upgrade
German stocks gained ground in positive territory Monday morning as weak oil prices and softening bond yields helped underpin sentiment.
Oil prices dropped following remarks by U.S. President Donald Trump that renewed military strikes on Iran were "highly unlikely" while talks to end their eight-month-old conflict continue.
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10h 38min ago
Indian Shares End Higher After Late-session Buying
Indian shares moved in a narrow range before ending marginally higher on Monday, tracking mixed cues from global markets.
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10h 47min ago
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