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Forex News
Central Banks In Tightening Mode Over High Inflation, Recession Worries
Global central banks unleashed a large amount of policy tightening this week, led by the Federal Reserve that delivered a bigger-than-expected 75 basis points hike on Wednesday, as policymakers across the world are increasingly worried about the persistence of runaway inflation and the prospect of a recession.
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1080 days ago
Bay Street Likely To Open On Positive Note
Canadian shares are likely to open on a positive note Friday morning, tracking firm European markets. The market is also likely to see some hectic bargain hunting after the terrible setback in the previous session.
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1080 days ago
Allegiant Travel May Capacity Rises 17.1%
While reporting preliminary passenger traffic results for May 2022 on Friday, integrated travel company Allegiant Travel Co. (ALGT) said it carried 1.47 million passengers in May 2022, up 40.0 percent from 1.05 million passengers in May 2021.
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1080 days ago
TE Connectivity Approves Addl. $1.5 Bln Share Repurchase Program
Industrial technology firm TE Connectivity Ltd. (TEL) announced Friday that its board of directors has authorized an increase in its share repurchase program by an additional $1.5 billion.
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1081 days ago
Centene Raises FY22 Outlook; Boosts Share Buyback
Ahead of its virtual investor meeting later on Friday, healthcare company Centene Corp. (CNC) increased its full-year 2022 adjusted earnings guidance range by $0.15 to a new range of $5.55 to $5.70 per share and increased its Premium and Service Revenues guidance range by $2.0 billion to a new range of $134.3 billion to $136.3 billion.
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1081 days ago
Sensex, Nifty Extend Losses For Sixth Day
Indian shares fell for a sixth straight session on Friday as concerns persisted about global monetary tightening and its impact on capital flows.
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1081 days ago
European Shares Rebound On China Optimism
European stocks advanced on Friday after China's cabinet vowed to act decisively in ramping up support for the ailing economy.
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1081 days ago
more news
FTSE 100 Rises Despite Tesco's Inflation Warning
U.K. stocks advanced on Friday, a day after the Bank of England stuck to its gradual increases in interest rates and said it was ready to act "forcefully" to stamp out dangers posed by rising inflationary pressures.
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1081 days ago
CAC 40 Climbs As Biden Says US Can Avert Recession
French stocks advanced on Friday amid optimism that China's economy is poised for a steady recovery from the COVID-19 impact.
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1081 days ago
DAX Rises On China Stimulus Hopes
German stocks traded higher on Friday after China's cabinet vowed to act decisively in ramping up support for the ailing economy.
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1081 days ago
Asian Shares Mixed After China's Stimulus Vow
Asian stocks ended broadly lower on Friday, even as mainland Chinese and Hong Kong markets rallied after China's cabinet pledged more policy steps to help the world's second-largest economy recover from the COVID-19 pandemic.
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1081 days ago
Bank Of Japan Maintains Ultra Loose Policy Stance
The Bank of Japan maintained its ultra-expansionary policy stance on Friday and affirmed that it will not hesitate to take additional easing measures when necessary, thus going against the trend of raising interest rates adopted by its peers. The central bank left the policy rate unchanged at -0.10 percent as expected.
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1081 days ago
Japanese Yen Rebounds From BoJ-led Decline
In the Asian session on Friday, the Japanese yen that weakened against its key counterparts following the Bank of Japan's decision to keep its ultra-expansionary policy stance unchanged erased its losses in a short while.
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1081 days ago
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