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Actualités Forex
Swiss Franc Falls Against Majors
The Swiss franc weakened against other major currencies in the pre-European session on Monday.
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European Markets Seen Opening With A Positive Bias
European stock markets are seen opening on a positive note on Monday amidst relief at the stable geopolitical conditions in the Middle East.
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European Economic News Preview: Eurozone Consumer Confidence Data Due
Consumer sentiment survey data from the euro area and monthly report from Bundesbank are the only major economic reports due on Monday. At 6.00 am ET, Germany's central bank is scheduled to issue monthly report for October. At 8.00 am ET, money supply data is due from Poland.
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Sensex, Nifty Extending Losses To 4th Straight Day
Indian shares are down in negative territory Monday morning, extending recent losses, weighed down by weak global cues amid rising bond yields, and geopolitical tensions.
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Asian Markets Track Global Markets Lower
Global equities remained under pressure from rising bond yields, concerns over the outlook for interest rates and an escalating conflict in the Middle East. Asian stock markets are also trading mostly lower, following the broadly negative cues from global markets on Friday, with the US Fed signaling rates will remain higher for longer than previously anticipated.
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Sensex, Nifty Likely To Open With Positive Bias
Higher GIFTY Nifty points to a positive start for Indian shares Monday morning. Geopolitical tensions amid an escalation in the Israel-Hamas war may weigh on sentiment.
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Japanese Market Modestly Lower
Extending the losses in the previous two sessions, the Japanese stock market is modestly lower on Monday, following the broadly negative cues from global markets on Friday. The Nikkei 225 is falling below the 31,200 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.
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Australian Market Significantly Lower
The Australian stock market is significantly lower on Monday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 falling well below the 6,900 level to 12-month lows, following the broadly negative cues from global markets on Friday, with declines in mining and energy stocks amid weaker commodity prices, partially offset by some gains in technology stocks.
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Renewed Selling Pressure Predicted For Indonesia Stock Market
The Indonesia stock market on Friday wrote a finish to the two-day slide in which it had lost more than 90 points or 1.3 percent. The Jakarta Composite Index now sits just beneath the 6,850-point plateau although it's expected to head south again on Monday.
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No Relief Yet For China Stock Market
The China stock market has moved lower in three straight sessions, sliding more than 100 points or 3.4 percent along the way. The Shanghai Composite Index now rests just above the 2,980-point plateau and it's expected to extend its losses again on Monday.
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Losses May Accelerate For Taiwan Stock Market
The Taiwan stock market headed south again on Friday, one session after snapping the four-day losing streak in which it had stumbled more than 385 points or 2.4 percent. The Taiwan Stock Exchange now sits just above the 16,440-point plateau and it's expected to open in the red again on Monday.
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Singapore Shares Expected To Open In The Red
The Singapore stock market has tracked lower in three straight sessions, stumbling more than 90 points or 3 percent along the way. The Straits Times Index now sits just above the 3,075-point plateau and it's expected to open under pressure again on Monday.
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Malaysia Shares May Take Further Damage On Monday
The Malaysia stock market has moved lower in back-to-back sessions, slipping more than 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,440-point plateau and the losses may accelerate on Monday.
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