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Forex News
Sensex, Nifty Seen Opening On Flat Note
Indian shares may open on a flat note Thursday, tracking weak cues from U.S. markets amid escalating U.S.-China trade tensions and a deteriorating outlook for global trade.
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53 days ago
Japanese Market Modestly Higher
The Japanese market is trading modestly higher on Thursday, reversing some of the losses in the previous session, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 34,000 mark, with a mixed performance across most sectors as uncertainty surrounding US President Donald Trump's trade policies continue to weigh on the market.
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53 days ago
Australian Market Slightly Higher
The Australian market is trading slightly higher on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 7,800 level, with gains mining and energy stocks partially offset by weakness in technology and financial stocks.
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53 days ago
Euro Rises To 5-day High Against Canadian Dollar
The euro advanced against the Canadian dollar in the New York session on Wednesday.
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53 days ago
Pound Drops Against Majors
The pound weakened against its major counterparts in the New York session on Wednesday.
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53 days ago
Swiss Market Ends Slightly Weak
The Switzerland market settled marginally down on Wednesday after languishing in negative territory right through the day's trading session.
Renewed worries about trade tensions rendered the mood cautious, deterring investors from picking up stocks.
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53 days ago
European Stocks Close On Mixed Note After Cautious Session
European stocks recovered from early weakness and settled on a mixed note on Wednesday with investors largely making cautious moves amid renewed concerns about trade tensions following export restrictions on Nvidia's AI chips to China, and U.S. President Donald Trump's order for an investigation into potential tariffs on critical mineral imports.
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53 days ago
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Energy, Materials Stocks Lift Canadian Market; BoC Holds Rates
Canadian stocks are up in positive territory Wednesday morning, led by gains in energy, communications and materials sectors. Stocks from real estate and utilities sections are also doing well.
Renewed worries about trade tensions weigh on sentiment, but higher commodity prices prompt investors to pick up resources stocks. Investors are also digesting the Bank of Canada's interest rate decision.
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53 days ago
U.S. Business Inventories Rise In Line With Estimates In February
A report released by the Commerce Department on Wednesday showed business inventories in the U.S. increased in line with economist estimates in the month of February. The Commerce Department said business inventories rose by 0.2 percent in February after climbing by 0.3 percent in January.
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54 days ago
U.S. Homebuilder Confidence Unexpectedly Inches Higher In April
The National Association of Home Builders released a report on Wednesday unexpectedly showing a slight improvement by U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index inched up to 40 in April after falling to 39 in March. Economists had expected the index to dip to 37.
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54 days ago
U.S. Industrial Production Falls 0.3% In March As Utilities Output Plummets
Reflecting a steep drop by utilities output, the Federal Reserve released a report on Wednesday showing U.S. industrial production decreased by slightly more than expected in the month of March. The Fed said industrial production fell by 0.3 percent in March after climbing by an upwardly revised 0.8 percent in February.
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54 days ago
Nvidia Sees $5.5 Bln Charge As US Restricts Chip Sales To China; Shares Down
Shares of Nvidia Corp. were losing around 6 percent in early morning trade on Wednesday on the Nasdaq, after the artificial intelligence chipmaker said that it would take $5.5 billion in charges after the U.S. government barred exports of its H20 AI chip to China, a key market.
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54 days ago
Bank Of Canada Leaves Interest Rates Unchanged Amid Tariff Uncertainty
Following a series of interest rate cuts over the past several months, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged. The Bank of Canada said it decided to maintain its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.
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54 days ago
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