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Actualités Forex
Overbought KOSPI Tipped To Open In The Green
The South Korea stock market has finished higher in seven straight sessions, rallying almost 150 points or 5.7 percent along the way. The KOSPI now sits just above the 2,670-point plateau and it's expected too at least open higher on Thursday.
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Australia Unemployment Data Due On Thursday
Australia will on Thursday release January figures for unemployment, highlighting a modest day for Asia-Pacific economic activity.
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Dollar Extends Gains Against Major Counterparts
The U.S. dollar firmed against most of its major counterparts on Wednesday as traders digested the minutes from the Federal Reserve's most recent policy meeting, and continued to assess the potential impact of higher tariffs proposed by President Donald Trump.
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South Korea Producer Prices Climb 0.6% In January
Producer prices in South Korea were up 0.6 percent on month in January, the Bank of Korea said on Thursday - accelerating from 0.4 percent in December.
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U.S. Dollar Retreats Against Swiss Franc
The U.S. dollar pulled back against the Swiss franc in the New York session on Wednesday.
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Fed Officials Want Further Progress On Inflation Before Cutting Rates
Provided the U.S. economy remains near maximum employment, the minutes of the Federal Reserve's latest monetary policy meeting revealed officials want to see further progress on inflation before they consider resuming lowering interest rates.
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U.S. Dollar Advances Against Most Majors
The U.S. dollar climbed against its most major counterparts in the New York session on Wednesday.
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more news
Swiss Market Ends Moderately Lower
Save for a few minutes at the start, the Switzerland market languished in negative territory right through the day's session on Wednesday, as tariff concerns, geopolitical tensions and uncertainty about global growth outlook rendered the mood bearish.
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European Markets Close Notably Lower On Tariff Concerns, Hot UK Inflation Data
European stocks closed lower on Wednesday as disappointing quarterly updates, U.S. President Donald Trump's fresh tariff threats, and hot inflation data from the U.K. weighed on sentiment.
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Canadian Market Remains Weak Despite Coming Off Early Lows
The Canadian market is down in negative territory around noon on Wednesday, with stocks from technology, financials, real estate and materials sectors under pressure. The mood is cautious with investors assessing U.S. President Donald Trump's threat of tariffs on semiconductors, automobile and pharma products.
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U.S. Housing Starts Pull Back Sharply Off Eleven-Month High In January
After reporting a substantial increase by new residential construction in the U.S. in the previous month, the Commerce Department released a report on Wednesday showing housing starts pulled back by more than expected in the month of January. The Commerce Department said housing starts plunged by 9.8 percent to an annual rate of 1.366 million in January.
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U.S. Housing Starts Pull Back More Than Expected In January
After reporting a substantial increase by new residential construction in the U.S. in the previous month, the Commerce Department released a report on Wednesday showing housing starts pulled back by more than expected in the month of January.
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Bay Street Likely To Open On Mixed Note
Canadian stocks are likely to open on a mixed note Wednesday morning with investors tracking commodity prices and reacting to a quarterly earnings announcements. Worries about fresh tariff threats by U.S. President Donald Trump are likely to weigh on sentiment.
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