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Noticias de Forex
Mild Selling Pressure Predicted For Singapore Shares
The Singapore stock market has tracked lower in four straight sessions, stumbling more than 115 points or 3.8 percent along the way. The Straits Times Index now sits just above the 3,050-point plateau and it's looking at another soft start again on Tuesday.
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Little Movement Expected For Malaysia Stock Market
The Malaysia stock market has moved lower in three straight sessions, slipping almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,440-point plateau and it may remain stuck in neutral again on Tuesday.
The global forecast offers little clarity with few catalysts head of data later in the week, although treasury yields continue to be active. The European and U.S. markets were mixed and flat and the Asian markets figure to follow suit.
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Steady Start Seen For South Korea Shares
The South Korea stock market has finished lower in three straight sessions, stumbling almost 110 points or 4.3 percent in that span. The KOSPI now sits just above the 2,355-point plateau although it may stop the bleeding on Tuesday.
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Japan Manufacturing PMI Data Due On Tuesday
Japan will on Tuesday see preliminary October results for the manufacturing and services PMIs from Jibun Bank, highlighting a light day for Asia-Pacific economic activity. In September, their scores were 48.5 and 53.8, respectively.
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TSX Ends Weak For 4th Straight Day
The Canadian market ended on a negative note for a fourth straight session as stocks fell on Monday as weak commodity prices triggered sustained selling in energy and materials shares.
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Dollar Loses Ground Against Major Counterparts
After staying subdued during the Asian and European sessions on Monday, the U.S. dollar slipped into the red in the New York session, and continues to trade weak as bond yields dropped.
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Canadian Market Pares Some Gains After Strong Rebound
The Canadian market rallied sharply after opening with a negative gap Monday morning, and despite paring gains in afternoon trades, is up marginally as communications, utilities and consumer staples stocks manage to hold on to a significant portion of their gains.
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Swiss Market Ends Lower For 8th Straight Day
The Switzerland stock market ended weak on Monday, losing ground for the eighth consecutive day, as investors stayed wary of making significant moves.
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European Stocks Recover From Early Weakness, Close On Mixed Note
European stocks closed on a mixed note on Monday, recovering well after a weak start and a subsequent fall to lower levels. The mood remained cautious with investors continuing to monitor the developments on the geopolitical front and assessing global economic situation.
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U.S. Dollar Retreats Against Some Majors
The U.S. dollar retreated against some of major counterparts in the European session on Monday.
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Citizens Financial Services Q3 EPS Declines
Citizens Financial Services, Inc. (CZFS), parent company of First Citizens Community Bank, announced Monday that net income for the third quarter was $7.55 million or $1.61 per share, compared to $7.54 million or $1.88 per share in the prior-year quarter.
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Academy Sports And Outdoors Promotes Sam Johnson To Succeed Michael Mullican As President
Academy Sports and Outdoors, Inc. (ASO) announced Friday that, effective on October 23, 2023, Sam Johnson, Executive Vice President (EVP) of Retail Operations, will become President, succeeding Michael Mullican, who recently informed the company that he is stepping down to pursue other personal and professional opportunities.
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Disc Medicine CFO Joanne Bryce To Leave Company
Biopharmaceutical company Disc Medicine, Inc. (IRON) announced Monday that Chief Financial Officer Joanne Bryce plans to leave the company.
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