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Actualités Forex
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Friday.
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Pound Falls As U.K. Economy Shrinks Unexpectedly
The British pound weakened against other major currencies in the European session on Friday, after the U.K. economy contracted marginally for the second straight month in October largely reflecting the fall in industrial production.
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German Exports Fall Most In 10 Months
Germany's exports declined at the fastest pace in ten months in October mainly due the double-digit fall in demand from the US and overall imports logged a marginal fall, data from Destatis revealed Friday. Exports fell 2.8 percent month-on-month in October, slower than the 1.8 percent decrease in September. Shipments were forecast to fall 2.0 percent.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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Sensex, Nifty End Sharply Higher After Volatility
Indian shares ended sharply higher on Friday after a highly volatile trading session.
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European Shares Lackluster As UK GDP Shrinks Again
European stocks traded flat to slightly higher on Friday but were on track to snap a three-week winning streak, heading into the Federal Reserve meeting next week.
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FTSE 100 Marginally Higher After Disappointing GDP Data
U.K. stocks traded higher on Friday as data showed Britain's economy shrank for a second month in October, in a blow to the Labour government's economic agenda.
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more news
UK Economy Shrinks In October
The UK economy contracted marginally for the second straight month in October largely reflecting the fall in industrial production, official data revealed Friday. Real gross domestic product shrank unexpectedly 0.1 percent in October, the same pace of decline as in September, the Office for National Statistics reported. GDP was forecast to grow 0.1 percent.
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CAC 40 Rises Ahead Of Decision On Next French PM
French stocks edged up slightly on Friday ahead of the appointment of a new prime minister.
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DAX Rises In Cautious Trade; Munich Re Shares Jump 5%
German stocks rose on Friday, a day after the European Central Bank (ECB) cut its three key interest rates by 25 basis points in the fourth reduction this year, and signaled it expects inflation to return to the target earlier.
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Asian Shares Mixed On Chinese Stimulus Disappointment
Asian stocks ended mixed on Friday after Chinese leaders pledged more stimulus measures during a two-day huddle of the Central Economic Work Conference in Beijing, a key economic meeting that sets policy priorities for the coming year.
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European Economic News Preview: UK GDP, Foreign Trade Data Due
Monthly GDP and foreign trade from the UK and final inflation from France and Spain are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. GDP is forecast to grow 0.1 percent on month in October, offsetting the 0.1 percent fall in September.
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European Shares Set To Drift Lower As China Optimism Fades
European stocks may drift lower at open on Friday after Chinese leaders wrapped up a two-day planning meeting in Beijing without giving details on stimulus.
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