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Actualités Forex
Sensex, Nifty Extend Sell-off For Sixth Day; Pharma Stocks Shine
Indian shares ended a volatile session notably lower on Wednesday, mirroring weak global cues, rising Treasury yields and a soaring dollar after a slew of Fed officials said they need to keep raising rates to restore price stability.
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European Shares Slump As Risk Appetite Wanes
European stocks tumbled on Wednesday as investors fretted about energy shortages and Britain's radical tax cuts to spur growth.
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FTSE 100 Extends Losses Amid Criticism Over Tax Cuts
U.K. stocks fell on Wednesday to extend losses from the previous session amid concerns that interest rates may soon rise sharply.
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CAC 40 Declines On Growth Concerns
French stocks fell sharply on Wednesday, with concerns about energy shortages and spiraling inflation keeping investors nervous.
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DAX Tumbles As Consumer Confidence Slumps
German stocks tumbled on Wednesday, with renewed energy concerns and weak consumer confidence data weighing on sentiment.
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Asian Shares Retreat On Recession Fears
Asian stocks tumbled on Wednesday as hawkish Fed talk added to worries about a looming recession. Concerns over Europe's energy crisis and unfunded U.K. tax cuts also kept investors nervous.
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U.S. Dollar Advances As White House Dismisses Possibility Of Currency Accord
The U.S. dollar was higher against its major counterparts in the Asian session on Wednesday, as the White House Economic Adviser Brian Deese remarked that a global accord to adjust the value of the U.S. currency is unlikely to happen for the time being.
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more news
German Consumer Sentiment To Slide Again On High Inflation: GfK
Germany's consumer sentiment is set to fall again to a fresh record low in October as high inflation amid rising energy prices hit income expectations, and in turn, consumer spending, survey results from the market research group GfK showed on Wednesday. The consumer confidence index plunged to -42.5 in October from revised -36.8 in the previous month. The score was also weaker than the economi
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European Shares Poised For Tepid Start As Recession Risks Loom
European stocks are seen opening lower on Wednesday after a series of unusual leaks on two natural gas pipelines running from Russia under the Baltic Sea to Germany triggered concerns about sabotage.
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European Economics Preview: Germany GfK Consumer Confidence Due
Consumer confidence data from Germany and France are the only major reports due on Wednesday. At 2.00 am ET, the market research group GfK is slated to issue consumer sentiment survey data for October. The sentiment index is seen at -39.0 versus -36.5 in September.
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Sensex, Nifty Tumble On Fed Rate Hike Worries
Indian shares opened sharply lower on Wednesday, tracking weak global markets and a rising dollar after comments from Federal Reserve Bank of St. Louis President James Bullard and San Francisco Federal Reserve Bank President Mary Daly underscored the need for tighter policy.
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Asian Markets Tumbling On Recession Fears
Asian stock markets are mostly lower on Wednesday, following the mixed to negative cues from global markets overnight, as traders are cautious and remained worried that efforts by central banks around the world to curb inflation may trigger a global recession. Uncertainty due to the ongoing conflict in Ukraine is also weighing on market sentiment. Asian Markets closed mostly higher on Tuesday.
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Sensex, Nifty Set For Steep Sell-off As Dollar Resumes Rally
Indian shares look set to open on a tepid note Wednesday as markets price in slower growth in the near term because of higher interest rates and inflation.
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