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Germany Factory Orders Fall Most Since Onset Of Pandemic
German factory orders posted the biggest decline since the onset of the coronavirus pandemic in 2020, suggesting that manufacturing weighed on the economic activity in the first quarter. Factory orders decreased by a more-than-expected 10.7 percent month-on-month in March, offsetting the revised 4.5 percent increase in February, data released by Destatis showed on Friday. Orders were forecast to
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China Service Sector Logs Robust Growth
China's service sector registered another strong growth in April underpinned by the rise in output as the impact of the pandemic continued to fade. The Caixin services Purchasing Managers' Index fell to 56.4 in April from 57.8 in March, survey data from S&P Global showed on Friday. A reading above the neutral 50.0 indicates expansion.
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825 hari yang lalu
European Economic News Preview: Germany Factory Orders Data Due
Factory orders and construction Purchasing Managers' survey results from Germany are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for March. Orders are forecast to fall 2.2 percent on a monthly basis in March, reversing the 4.8 percent rise in February.
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825 hari yang lalu
European Shares Seen Up As Apple Earnings Beat Expectations
European stocks are likely to open higher on Friday after Apple's fiscal second-quarter earnings beat market expectations.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Friday.
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826 hari yang lalu
Sensex, Nifty Follow Global Peers Lower; HDFC Twins Lead Losses
Indian shares opened lower on Friday, tracking weak global markets amid signs that turmoil in the U.S. banking sector is deepening.
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826 hari yang lalu
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against its most major currencies in the Asian session on Friday.
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826 hari yang lalu
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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826 hari yang lalu
Asian Markets Track Global Markets Lower
Asian stock markets are mostly lower on Friday, following the broadly negative cues from global markets overnight, amid renewed concerns about the health of the U.S. banking sector after lenders PacWest Bancorp and First Horizon said they were reviewing their options. Continued uncertainty about the outlook for interest rates also weighed following the US Fed's tenth straight rate hike.
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826 hari yang lalu
Sensex, Nifty To Open On Cautious Note As US Bank Worries Mount
Indian shares may open a tad lower on Friday, tracking weak cues from the U.S. and European markets.
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826 hari yang lalu
Australian Market Slightly Lower
The Australian stock market is slightly lower in choppy trading on Friday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 staying below the 7,200 level, following the broadly negative cues from global markets overnight, with losses in heavyweight iron ore miners amid weaker commodity prices.
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826 hari yang lalu
Indonesia Shares Expected To Open Under Pressure On Friday
The Indonesia stock market on Thursday ended the three-day slide in which it had dropped more than 130 points or 1.9 percent. The Jakarta Composite Index now rests just beneath the 6,850-point plateau and it's looking at a soft start again on Friday.
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826 hari yang lalu
Hong Kong Stock Market: Resistance At 20,000 Points
The Hong Kong stock market bounced higher again on Thursday, one day after halting the four-day winning streak in which it had gained more than 310 points or 1.6 percent. The Hang Seng Index now sits just beneath the 19,950-point plateau although it's tipped to open in the red on Friday.
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826 hari yang lalu
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