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Noticias de Forex
Community Bank System Q3 Profit Rises, Meets View
Community Bank System Inc. (CBU) reported Monday that its third quarter net income increased to $48.69 million or $0.90 per share from $45.34 million or $0.83 per share in the prior-year quarter. Excluding item, operating earnings were also $0.90 per share.
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Eurozone Private Sector Slips Into Deep Downturn
The euro area private activity slipped into a deep downturn in October as both manufacturing and services sectors contracted at faster rates, flash survey results from S&P Global showed Monday. The S&P Global composite output index fell to a 23-month low of 47.1 in October from 48.1 in the previous month. The reading was also below economists' forecast of 47.5.
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European Shares Mixed As Investors React To Weak PMI Reports
European stocks were mostly higher on Monday amid hopes for a Fed pause in policy tightening.
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Euro Mixed After Eurozone PMI Data
The euro traded mixed against its major counterparts in the European session on Monday, following the release of private sector survey results from the euro area.
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FTSE 100 Slips Into Red With Leadership Contest In Focus
U.K. stocks slipped into the red on Monday, as former chancellor Rishi Sunak closed in on becoming the new prime minister after the withdrawal of Boris Johnson from the Tory leadership race on Sunday night.
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CAC 40 Edges Higher On Hopes Of Easing Fed Policy
French stocks were seeing modest gains on Monday amid hopes that the U.S. Federal Reserve could slow its pace of interest rate hikes early next year.
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DAX Edges Higher In Cautious Trade
German stocks rose on Monday, though the upside remained capped after a survey showed the country's economic downturn deepened in October as a result of higher energy costs.
The flash S&P Global composite purchasing managers' index slipped to 44.1 from 45.7 in September, the lowest since May 2020, when the country was under a COVID lockdown. The flash services PMI fell to 44.9 from 45.0.
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Philips Posts Q3 Loss, Warns On Q4 Sales; Cuts Around 4,000 Jobs
Shares of Philips Electronics NV were losing around 3 percent in the morning trading in Amsterdam as well as in pre-market activity on the NYSE after the Dutch consumer electronics giant reported a loss in its third quarter, compared to prior year's profit, with weak orders. Looking ahead for the fourth quarter, Philips expects a mid-single-digit comparable sales decline.
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Asian Shares Mixed As China's Xi Begins 3rd Term
Asian markets ended mixed on Monday, with Chinese and Hong Kong stocks suffering heavy losses, as China's Communist Party ended its 20th National Congress over the weekend with no signs of a significant change in the zero-COVID policy that has crimped business and trade.
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Euro Little Changed After Eurozone PMI Data
At 4.00 am ET Monday, Eurozone S&P flash PMI survey results have been released. The euro changed little against its major rivals after the data.
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Euro Mixed Ahead Of Eurozone PMI Data
At 4.00 am ET Monday, Eurozone S&P flash PMI survey results are due. The composite indicator is seen at 47.5 in October, down from 48.1 in the prior month.
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Euro Drops After German PMI Data
At 3.30 am ET Monday, Germany flash PMI data has been released. The euro declined against its major rivals after the data.
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Euro Mixed Ahead Of German PMI Data
At 3.30 am ET Monday, Germany flash PMI data is due. Economists expect the composite PMI to drop slightly to 45.3 from 45.7 a month ago.
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