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Forex News
German Private Sector Growth Picks Up
Germany's private sector growth picked up in February as services activity showed a steady expansion and manufacturing contracted at the slowest pace in two years, flash survey data from S&P Global revealed Friday. The flash composite output index came in at 51.0 in February, up from 50.5 in January. This was the highest reading in nine months and was above forecast of 50.8. A score above 50.0 i
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110 days ago
Pound Climbs On Robust U.K. Retail Sales Data
The British pound strengthened against other major currencies in the Asian session on Friday, as the U.K. retail sales expanded at the fastest pace in eight months in January due to the rebound in food store sales volume.
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110 days ago
FTSE 100 Up Marginally; Standard Chartered Rises On Results
U.K. stocks are mostly subdued Friday morning with investors making largely cautious moves while digesting data on the nation's manufacturing and services sector activity as well a report on retail sales.
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110 days ago
Sensex, Nifty End Lower; Auto Stocks Hit Hard
Indian shares closed lower on Friday, with auto and healthcare stocks suffering heavy losses due to concerns over U.S. President Donald Trump's tariff threats and continued foreign selling.
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110 days ago
CAC 40 Modestly Higher After PMI, Business Confidence Data
French stocks are modestly higher Friday morning with investors digesting French and Eurozone PMI readings, and continuing to track corporate earnings updates.
Tariff threats and geopolitical tensions weigh on sentiment and limit market's upside.
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110 days ago
French Private Sector Downturn Deepens
France's private sector registered a deeper contraction in February as the drag from the service sector intensified, survey results from S&P Global revealed Friday. The HCOB flash composite output index dropped unexpectedly to 44.5 in February from 47.6 in January. The score signaled the steepest fall since September 2023. The reading was seen at 48.0.
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110 days ago
Pound Climbs Against Majors
The British pound strengthened against other major currencies in the European session on Friday.
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110 days ago
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DAX Down Marginally In Cautious Trade
German stocks are moving in a narrow range in somewhat lackluster trade Friday morning with investors continuing to track earnings updates, and digesting German and Eurozone PMI data.
The focus is also on Germany's upcoming elections on Sunday.
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110 days ago
European Shares Mostly Higher With Flash PMI Readings In Focus
European stocks were slightly higher on Friday, with earnings and flash PMI readings in focus.
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110 days ago
Asian Shares Mixed; China, Hong Kong Stocks Surge On AI Optimism
Asian stocks ended mixed on Friday as tariff worries offset investor optimism over China's artificial intelligence potential.
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110 days ago
UK Retail Sales Growth At 8-Month High
UK retail sales expanded at the fastest pace in eight months in January due to the rebound in food store sales volume, the Office for National Statistics said Friday.
Retail sales volume increased 1.7 percent in January from December. The monthly growth confounded a revised fall of 0.6 percent in December.
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110 days ago
Japan Core Inflation At 19-Month High Raises Chances Of Rate Hike
Japan's core inflation accelerated to a 19-month high in January, bolstering the chances of another interest rate hike by the Bank of Japan. Core inflation that excludes fresh food rose more-than-expected to 3.2 percent from 3.0 percent in December, the Ministry of Internal Affairs and Communications said Friday. This was the fastest since June 2023 and was slightly above forecast of 3.1 percent.
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110 days ago
NZ Dollar Rises Amid Risk-on Mood
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday amid risk appetite, as traders seemed cautious and await clarity on U.S. President Donald Trump's trade policies and the outcome of Ukraine peace talks.
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110 days ago
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