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Actualités Forex
Sensex, Nifty Set For Gap-up Opening After Wall Street Rally
Indian shares look set to open sharply higher on Friday, tracking firm global cues and better-than-expected quarterly earnings from IT firms Infosys and MindTree.
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Japanese Market Rally Higher; Up 3%
The Japanese stock market is sharply higher on Friday, snapping a four-session losing streak, with the benchmark Nikkei 225 surging more than 800 points to break above the 27,000 mark, following the broadly positive cues from global markets overnight, with sharp gains across most sectors, led by exporters and technology stocks, despite US inflation data coming in hotter than expected in September.
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Australian Market Sharply Higher
The Australian stock market is sharply higher on Friday, recouping the slight losses in the previous session, with the benchmark S&P/ASX 200 moving above the 6,700 level, following the broadly positive cues from global markets overnight, with strong gains in energy and iron ore miner stocks amid a spike in crude oil and metal prices. Financial stocks are also gaining.
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Canadian Stocks Rebound After Early Setback; TSX Gains 2.2%
The Canadian market opened on a weak note on Thursday as hot U.S. inflation data raised concerns about aggressive rate hike by the Fed, but stocks recovered swiftly and then kept surging higher and higher to eventually end the session on a buoyant note.
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Dollar Fails To Hold Early Gains, Loses Ground Against Some Major Counterparts
After climbing higher Thursday morning following data showing a bigger than expected increase in U.S. consumer price inflation in the month of September, the U.S. dollar retreated and shed ground against most of its major counterparts.
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Swiss Market Ends Modestly Higher
The Switzerland stock market ended modestly higher on Thursday, recovering well after suffering a sharp setback around mid afternoon.
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European Stocks Stage Dramatic Recovery, Close Notably Higher
European stocks plunged sharply Thursday afternoon after data showing a bigger than expected increase in U.S. consumer price inflation raised concerns about more aggressive rate hikes by the Fed, but rebounded swiftly and ended the session with strong gains.
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more news
Dollar Advances As Hot U.S. Inflation Data Boosts Rate Hike Bets
The U.S. dollar gained ground against its most major counterparts in the European session on Thursday, as the nation's consumer prices increased more than expected in September, intensifying expectations for another 75-basis point rate hike by the Federal Reserve in November.
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Canadian Shares Rising Sharply In Late Morning Trade
The Canadian market is up firmly in positive territory Thursday morning, led by gains in energy stocks.
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Patterson Cos. Promotes CFO Don Zurbay To Replace Mark Walchirk As President And CEO
Patterson Companies, Inc. (PDCO) announced that its Board of Directors has appointed Don Zurbay, most recently Chief Financial Officer, as President and Chief Executive Officer. Zurbay has also been elected to the Board.
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U.S. Consumer Prices Rise More Than Expected, Core Price Growth Reaches 40-Year High
Consumer prices in the U.S. increased by more than expected in the month of September, according to a highly anticipated report released by the Labor Department on Thursday. The Labor Department said its consumer price index rose by 0.4 percent in September after inching up by 0.1 percent in August.
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U.S. Jobless Claims Inch Up Slightly More Than Expected To 228,000
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended October 8th. The Labor Department said initial jobless claims rose to 228,000, an increase of 9,000 from the previous week's unrevised level of 219,000. Economists had expected jobless claims to inch up to 225,000.
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Keurig Dr Pepper Conducts Strategic Realignment Of Supply Chain Structure
Beverage company Keurig Dr Pepper, Inc. (KDP) announced Thursday a strategic realignment of its supply chain structure, designed to strengthen focus, speed and accountability at the Business Unit level, while accelerating productivity across the enterprise.
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