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Actualités Forex
FTSE 100 Rises As Burberry Announces New Turnaround Plan
U.K. stocks eked out modest gains Thursday on the back of upbeat earnings news.
The benchmark FTSE 100 was up 12 points, or 0.2 percent, at 8,042 after finishing marginally higher on Wednesday.
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CAC 40 Marginally Higher Ahead Of Growth Data
French stocks edged up slightly on Thursday ahead of Eurozone growth data due later in the day.
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DAX Rises On Upbeat Earnings
German stocks advanced on Thursday as investors reacted to upbeat earnings news and awaited Eurozone GDP later in the day.
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Asian Shares Mixed As China Concerns Persist
Asian stocks saw muted gains on Thursday, though Chinese and Hong Kong markets tumbled on worries of a possible trade war between China and the United States in the wake of Donald Trump's return to the White House.
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Antipodean Currency's Slide Amid Risk Aversion
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday, as traders fretted about the impact of U.S. President-elect Donald Trump's proposed tariffs on inflation and interest rates. The U.S. dollar also strengthened against major currencies in the region.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Thursday.
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NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
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European Economic News Preview: Eurozone GDP, Industrial Output Data Due
Flash GDP and industrial production from the euro area and the account of the monetary policy meeting from the European Central Bank are the top economic news due on Thursday. At 3.00 am ET, Spain's INE is scheduled to issue final inflation data for October. The flash estimate showed that consumer price inflation rose to 1.8 percent from 1.5 percent in the previous month.
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KFC Files Against Church's Texas Chicken Over 'Original Recipe' Ads
Fast-food restaurant chain KFC, owned by Yum! Brands, has sued rival Church's Texas Chicken in federal court for allegedly violating its trademark rights by using "Original Recipe" phrase in its ads. In a filing with the U.S. District Court for the Eastern District of Texas, the fried chicken chain complained that the use of phrase in ads for Church's fried chicken is likely to create confusion..
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European Shares Seen Tad Higher At Open
European stocks are seen opening a tad higher on Thursday as in-line U.S. CPI data supported the case for another interest rate cut by the Federal Reserve next month.
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Sensex, Nifty Marginally Higher In Early Trade
Indian shares held steady on Thursday after recent string of heavy losses amid U.S. policy uncertainty and the ongoing FII selloff.
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