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Actualités Forex
Japan PMI Data Due On Tuesday
Japan will on Tuesday release preliminary April figures for the manufacturing and services PMIs from Jibun Bank, highlighting a modest day for Asia-Pacific economic activity. In March, their scores were 48.2 and 54.1, respectively.
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Dollar Turns In Mixed Performance Against Major Rivals Ahead Of Key Economic Data
The U.S. dollar turned in a mixed performance against its major counterparts on Monday as traders looked ahead to a slew of crucial U.S. economic data for more clarity about the outlook for interest rates.
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U.S. Stocks Close On Bright Note Despite Coming Off Day's Highs
U.S. stocks climbed higher on Monday with those from the technology sector turning in a fine performance, as traders indulged in some bargain hunting after recent losses. Easing worries about Middle East tensions helped underpin sentiment.
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Stocks Up Firmly In Positive Territory, Look Set To End On Firm Note
U.S. stocks are up firmly in positive territory Monday afternoon, recovering well from a mid-morning setback. The major averages are all notably higher with the Nasdaq slightly outperforming the Dow and the S&P 500.
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Swiss Market Ends Modestly Higher After Choppy Session
The Switzerland market ended on a positive note on Monday amid easing concerns about inflation and the outlook for interest rates. Easing fears of a wider Middle East conflict contributed as well to improved risk sentiment.
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European Stocks Close Higher As Geopolitical Concerns, Inflation Worries Fade Slightly
European stocks closed higher on Monday as geopolitical worries, concerns about inflation and interest rate outlook faded a bit.
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Pound Falls On BoE Rate Cut Hopes
The pound dropped against its major counterparts in the European session on Monday, as investors expect the Bank of England to start reducing interest rates in August following dovish comments from Bank of England Deputy Governor Ramsden last week.
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more news
Tesla Slashes Car Prices In China After US Cuts
Tesla Inc. has cut prices across its various models in China, after similar cuts in the United States, as the luxury electric car maker is struggling with slower demand and severe competition. On the Nasdaq Stock Exchange, Tesla shares were down 3.4 percent in the initial trading, at $142.05.
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War Clouds, Fed Hawks Helped Dollar Firm Up Last Week
An escalation in geopolitical tensions in the Middle East coupled with hawkish commentaries from Fed officials supported the Dollar during the week spanning April 15 to 19.
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DaVita Set To Achieve 100% Renewable Energy Consumption Goal By 2025
Kidney care services provider DaVita (DVA) said Monday it expects to match 100% of its electricity use across its global operations with renewable energy purchases by 2025. DaVita has contracted with ACCIONA Energía on a virtual power purchase agreement (PPA) facilitating the development of clean energy projects in Spain.
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Cognizant And Microsoft To Expand Partnership For Generative AI Adoption In Enterprises
Cognizant (CTSH) and Microsoft Corp. (MSFT) announced Monday an expanded partnership with the goal of making Microsoft's generative AI and Copilots available to millions of users, to transform enterprise business operations, enhance employee experiences and accelerate cross-industry innovation.
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Swiss Central Bank Lifts Minimum Reserve Requirement
The Swiss National Bank raised the minimum reserve requirement for domestic banks, which is set to reduce its payout. The SNB lifted the minimum reserve ratio to 4 percent from 2.5 percent. The bank also made changes to how it calculates the minimum reserve requirements.
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Vista Outdoor Says It Expects MNC Capital To Sweeten Offer Price
Vista Outdoor Inc. (VSTO) said Monday it is engaging in discussions with MNC Capital related to its March 25, 2024 unsolicited indication of interest pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $37.50 per Vista share.
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