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Actualités Forex
Australia Unemployment Data Due On Thursday
Australia will on Thursday release April figures for unemployment, headlining a modest day for Asia-Pacific economic activity.
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TSX Ends Modestly Higher
The Canadian market ended modestly higher on Wednesday thanks to strong gains in healthcare and energy sectors.
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Dollar Gains On Safe-haven Demand
The U.S. dollar firmed against some of its major counterparts on Wednesday on safe-haven demand as traders focused on the U.S. debt ceiling negotiations.
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Swiss Market Ends Moderately Lower
The Switzerland stock market ended moderately lower on Wednesday as worries about inflation and interest rates weighed on sentiment.
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European Stocks Close Broadly Lower
European stocks ended broadly lower on Wednesday as investors largely stayed cautious, digesting the latest batch of economic data and focusing on U.S. debt ceiling negotiations.
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Canadian Market Recovers After Weak Start, Down Marginally At Noon
The Canadian market is down marginally a little past noon on Wednesday with investors largely making cautious moves amid concerns about inflation and interest rates after data showed a bigger than expected increase in Canadian consumer prices in April.
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Target, TJX Q1 Earnings Top Estimates
Discount retailer Target Corp. and off-price retailer TJX Cos. Inc. reported Wednesday a profit for the first quarter that topped analysts' estimates. Profit declined 5.8 percent at Target, reflecting higher expenses and provision for income taxes, despite a 0.6 percent growth in revenues. Profit at TJX surged from last year, driven by improved gross margins and revenue growth.
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more news
U.S. Housing Starts Unexpectedly Rebound But Building Permits Extend Slump
New residential construction in the U.S. unexpectedly saw a significant rebound in the month of April, according to a report released by the Commerce Department on Wednesday. The report said housing starts jumped by 2.2 percent to an annual rate of 1.401 million in April after plunging by 4.5 percent to a revised rate of 1.371 million in March.
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DOJ Charges Former Apple Employee With Stealing Autonomous Car Tech
The U.S. Department of Justice has charged a former Apple software engineer with stealing the tech major's autonomous technology for an unnamed Chinese self-driving car company. Weibao Wang, who worked at Apple from 2016 to 2018, was charged with six counts of theft or attempted theft by prosecutors. He is found to have stolen the entire Project source code on Apple's autonomous technology,...
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U.S. Debt Ceiling Deadlock Boosts Dollar
The U.S. dollar was higher against its major counterparts in the European session on Wednesday, as a deadlock over raising the government's borrowing limit lifted the demand of the safe-haven currency.
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U.S. Housing Starts Unexpectedly Rebound In April
New residential construction in the U.S. unexpectedly saw a significant rebound in the month of April, according to a report released by the Commerce Department on Wednesday.
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Eurozone Inflation Accelerates As Expected
Eurozone inflation rose as estimated in April on higher food and energy prices, while core inflation slowed slightly, final data from Eurostat showed Wednesday. The harmonized index of consumer prices posted an annual growth of 7.0 percent in April, following a 6.9 percent rise in March. The rate was in line with the preliminary estimate released on May 2.
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Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note on Wednesday, tracking somewhat subdued European stocks and mixed commodities prices.
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