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Forex News
Japan Core Machine Orders Climb 5.5% In April
The value of core machine orders in Japan was up a seasonally adjusted 5.5 percent on month in April, the Cabinet Office said on Thursday, coming in at 900.0 billion yen.
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700 days ago
Japan Has Y1,372.5 Billion Trade Deficit In May
Japan posted a seasonally adjusted merchandise trade deficit of 1,362.5 billion yen in May, the Ministry of Finance said on Thursday.
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700 days ago
Singapore Shares May Inch Higher Again On Thursday
The Singapore stock market ticked higher again on Wednesday, one day after halting the three-day winning streak in which it had collected more than 15 points or 0.5 percent. The Straits Times Index now sits just beneath the 3,220-point plateau and it may continue to see mild upside on Thursday.
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700 days ago
Malaysia Stock Market Likely Rangebound On Thursday
The Malaysia stock market bounced higher again on Wednesday, one day after snapping the two-day winning streak in which it had gathered almost a dozen points or 0.9 percent. The Kuala Lumpur Composite Index now rests just above the 1,385-point plateau and it's likely to remain in that neighborhood again on Thursday.
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700 days ago
New Zealand GDP Slips 0.1% In Q1
New Zealand's gross domestic product contracted 0.1 percent on quarter in the first quarter of 2023, Statistics New Zealand said on Thursday, keeping the kiwi economy in recession.
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700 days ago
Tech Shares May Boost South Korea Stock Market
The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day winning streak in which it had advanced more than 45 points or 1.8 percent. The KOSPI now sits just beneath the 2,620-point plateau and it may inch higher again on Thursday.
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700 days ago
TSX Ends Marginally Up
The Canadian market ended marginally up on Wednesday, lifted by gains in technology, consumer discretionary and industrials sectors.
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700 days ago
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Dollar Mostly Subdued Against Major Counterparts
The U.S. dollar turned in a weak performance against its major counterparts on Wednesday despite the Federal Reserve forecasting additional increases later this year.
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700 days ago
Australia Unemployment Data Due On Thursday
Australia will on Thursday release unemployment figures for May, headlining a busy day in Asia-Pacific economic activity. The jobless rate is expected to hold steady at 3.7 percent, with the addition of 15,000 jobs following the loss of 4,300 jobs in April. The participation rate also is seen unchanged at 66.7 percent.
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700 days ago
Canadian Market Modestly Lower In Cautious Trade
Canadian stocks are turning in a mixed performance Wednesday afternoon with investors digesting recent economic data from the U.S., and the Federal Reserve's decision to hold rates steady, pausing after hiking rates in the previous ten meetings.
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700 days ago
Fed Leaves Interest Rates Unchanged But Forecasts Further Increases
Following ten consecutive interest rate hikes, the Federal Reserve on Wednesday announced its widely expected decision to pause its rate increases. The Fed said it has decided to maintain the target range for the federal funds rate at 5 to 5.25 percent, marking the first time the central bank has left rates unchanged since January 2022.
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700 days ago
Swiss Market Ends Weak
The Switzerland stock market ended weak on Wednesday, bucking the positive trend seen across Europe.
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700 days ago
European Stocks Close Higher On Strong Economic Data
European stocks closed higher on Wednesday thanks to encouraging data from Germany and the U.K., and on hopes the Federal Reserve will pause its interest rate hikes after data showed a moderation in U.S. consumer price inflation in the month of May.
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700 days ago
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