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Actualités Forex
UK Economy Logs Stronger Than Estimated Growth
The UK economy registered a stronger than estimated recovery in the first half of the year despite high inflation and tighter monetary policy. Gross domestic product registered a sequential growth of 0.2 percent in the second quarter, which was unchanged from the first estimate, the Office for National Statistics reported Friday.
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AbbVie Says Phase 3 CANOVA Trial Fails To Meet Primary Endpoint
AbbVie (ABBV) announced Friday data from its Phase 3 CANOVA study evaluating the safety and efficacy of venetoclax (VENCLEXTA®/ VENCLYXTO®) plus dexamethasone (VenDex) for patients with t(11;14)-positive relapsed or refractory (R/R) multiple myeloma who have received two or more prior treatments.
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Sensex, Nifty End With Solid Gains On Firm Global Cues; IT Stocks Underperform
Indian shares ended with solid gains on Friday, tracking positive cues from global markets.
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Reports Say Microsoft Considered Selling Bing To Apple To Replace Google
Microsoft Corp. was in talks with Apple Inc. around 2020 for a possible sale of its Bing search engine, Bloomberg reported citing people with knowledge of the matter. Microsoft executives met with Apple officers, but the talks never reached an advanced stage, the report said. Apple is said to have had concerns about Bing's ability to compete with Google in quality and capabilities.
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European Shares Rally As Inflation Concerns Ease
European shares rose on Friday to extend gains from the previous session after data showed Eurozone inflation hit a two-year low in September - supporting expectations that the European Central Bank will keep interest rates on hold.
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FTSE 100 Gains As GDP Data Offers Relief
U.K. stocks advanced on Friday after data showed the economy grew stronger than expected in the first quarter.
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CAC 40 Rallies After Softer Inflation Data
French stocks rallied on Friday after data showed French inflation unexpectedly slowed in September as a result of easing food prices.
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more news
DAX Gains Ahead Of Key Inflation Readings
German stocks advanced on Friday ahead of Eurozone inflation data and the U.S. personal spending figures later in the day.
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Friday.
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Asian Shares Mostly Higher In Thin Holiday Trade
Asian stocks ended mostly higher on Friday, with Hong Kong leading regional gains. Trading volumes were thin due to holidays in mainland China and South Korea.
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Antipodean Currencies Advance As Asian Shares Traded Higher, Yen Slides
Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as Asian stock markets traded higher amid China's Golden week holiday. Traders are indulging in bargain hunting as they picked up stocks at reduced levels following recent weakness even as concerns remain about interest rates and the outlook for global economic growth.
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European Economic News Preview: Eurozone Inflation Data Due
Flash inflation from the euro area and unemployment from Germany are the top economic data due on Friday, headlining a hectic day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue revised UK GDP data for the second quarter. The statistical office is set to confirm 0.2 percent sequential growth.
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European Shares To Open On Steady Note With Inflation Data In Focus
European stocks are likely to open higher on Friday as Treasury yields stalled and the dollar came off 10-month highs, giving comfort to investors who were concerned about inflation and a potential U.S. government shutdown.
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