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Actualités Forex
South Korea Retail Sales Sink 1.8% In November
The value of retail sales in South Korea was down a seasonally adjusted 1.8 percent on month in November, Statistics Korea said on Thursday.
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Singapore Shares May Run Out Of Steam On Thursday
The Singapore stock market has ticked higher in consecutive trading days, collecting almost 10 points or 0.3 percent along the way. The Straits Times Index now rests just above the 3,265-point plateau although it may be stuck in neutral on Thursday.
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Malaysia Stock Market Due For Consolidation On Thursday
The Malaysia stock market has moved higher in four straight sessions, gathering almost 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,480-point plateau although it may run out of steam on Thursday.
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More Pain Anticipated For South Korea Shares
The South Korea stock market on Wednesday wrote a finish to the two-day winning streak in which it had picked up almost 20 points or 0.6 percent. The KOSPI now sits just above the 2,280-point plateau and it's expected to open under pressure again on Thursday.
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TSX Ends Notably Lower On Recession Fears
The Canadian market ended notably lower on Wednesday with shares from across several sectors losing ground on sustained selling pressure.
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South Korea Industrial Production Data Due On Thursday
South Korea will on Thursday release November numbers for industrial production, highlighting a modest day for Asia-Pacific economic activity.
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Dollar Rises Against Major Counterparts
The U.S. dollar climbed higher against most of its major counterparts on Wednesday, after bond yields rose on hopes the Chinese economy will see decent growth following the loosening of Covid-19 curbs.
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Swiss Market Ends On Weak Note After Choppy Session
After swinging between gains and losses and moving in a tight range around the flat line, Swiss stocks drifted down in the closing minutes to end modestly lower on Wednesday.
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European Markets Close Lower On Growth Worries
European stocks closed broadly lower on Wednesday with investors weighing the near term prospects for the markets amid high borrowing costs and slowing growth, and largely staying reluctant to make purchases.
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Canadian Stocks Firmly Down In Negative Territory At Noon
The Canadian market is down firmly in negative territory around noon on Wednesday with stocks from across several sectors reeling under sustained selling pressure
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Australian, NZ Dollars Higher On Improved Risk Sentiment
The Australian and NZ dollars climbed against their major counterparts in the European session on Wednesday, as China's move to drop more COVID-19 restrictions fuelled hopes for a rebound in the economic growth.
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U.S. Pending Home Sales Unexpectedly Show Another Steep Drop In November
A report released by the National Association of Realtors on Wednesday unexpectedly showed a continued slump in U.S. pending home sales in the month of November. NAR said its pending home sales index tumbled by 4.0 percent to 73.9 in November after plunging by 4.7 percent to a revised 77.0 in October.
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Bay Street Likely To Open With Positive Bias
The Canadian market, where trading is set to resume after a long holiday break, is likely to open with a positive bias on Wednesday, tracking somewhat steady European markets.
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