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Actualités Forex
Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Friday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the psychological 8,000 mark, with weakness in financial and technology stocks partially offset by gains in energy and mining stocks.
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No Help Yet For Taiwan Stock Market
The Taiwan stock market has moved lower in two straight sessions, stumbling almost 325 points or 3.2 percent in that span. The Taiwan Stock Exchange now sits just above the 21,950-point plateau and it's tipped to open in the red again on Friday.
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Win Streak May End For Singapore Stock Market
The Singapore stock market has moved higher in four straight sessions, gathering more than 55 points or 1.5 percent in that span. The Straits Time Index now sits just above the 3,980-point plateau although it may run out of steam on Friday.
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Rally May Stall For Malaysia Stock Market
The Malaysia stock market has moved higher in three straight sessions, collecting more than 30 points or 2.2 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,535-point plateau although investors may lock in gains on Friday.
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Japan Stock Market May Open In The Red
The Japanese stock market on Thursday ended the two-day winning streak in which it had advanced more than 350 points or 0.9 percent. The Nikkei 225 now rests just beneath the 38,000-point plateau and it may extend its losses on Friday.
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KOSPI May Give Up Support At 2,600 Points
The South Korea stock market turned lower again on Thursday, on day after halting the two-day losing streak in which it had dropped almost 30 points or 1.2 percent. The KOSPI now sits just above the 2,600-point plateau and it may take further damage again on Friday.
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Tokyo Inflation Data Due On Friday
Japan will on Friday release March data for Tokyo-area inflation, highlighting a light day for Asia-Pacific economic activity. In February, overall Tokyo inflation was up 2.9 percent on year, while core CPI rose an annual 2.2 percent.
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more news
Dollar Drifts Lower On Trade War Concerns
The U.S. dollar drifted lower on Thursday after U.S. President Donald Trump announced new tariffs on auto and auto components imports, and added that he would impose far larger levies than currently planned if the EU and Canada collaborate to harm the U.S. economy.
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TSX Ends Flat As Investors Assess Potential Impact Of Fresh Tariffs
The Canadian market settled flat on Thursday as investors made cautious moves while assessing the impact of U.S. President Donald Trump's 25% tariffs on imported vehicles effective April 3rd, and the impending announcement of reciprocal tariffs.
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U.S. Dollar Falls Amid Tariff Worries
The U.S. dollar declined against its most major counterparts in the New York session on Thursday, following Trump's announcement of new tariffs on all auto imports.
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Swiss Market Ends Moderately Lower
The Switzerland market ended on a weak note on Thursday after staying well below the flat line right through the day's session, as U.S. President Donald Trump confirmed 25% tariffs on autos and auto components imported into America, effective next week.
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Trump's Tariffs On Auto Imports Hurt European Stocks
European stocks closed weak on Thursday after U.S. President Donald Trump confirmed 25% tariffs on autos and auto components imported into U.S.
Trump also posted on his Truth Social Platform that he will impose even steeper tariffs on the European Union and Canada if they collaborate to harm the U.S. economy.
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U.S. Pending Home Sales Rebound More Than Expected In February
Pending home sales in the U.S. saw a significant rebound in the month of February, the National Association of Realtors revealed in a report on Thursday. NAR said its pending home sales index surged by 2.0 percent to 72.0 in February after plunging 4.6 percent to an all-time low of 70.6 in January. Economists had expected pending home sales to jump by 1.5 percent.
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