Berita Forex

Bay Street Eyes U.S. Data; Technology Stocks Likely To Rise On Strong U.S. Tech Earnings

Key U.S. economic data, including non-farm payrolls employment, factory orders, and the University of Michigan's report on consumer confidence, are set to determine the trend on Wall Street and Bay Street in early trades on Friday. Technology stocks are likely to fare reasonably well thanks to strong results from Meta Platforms, Amazon Inc., and Apple Inc.

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Bristol-Myers Squibb Guides FY24 Adj. EPS Above Estimates As Q4 Results Top Estimates - Update

While reporting financial results for the fourth quarter on Friday, biopharmaceutical company Bristol-Myers Squibb Co. (BMY) initiated its adjusted earnings and revenue growth guidance for the full-year 2024.

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Regeneron Pharma Q4 Results Top Estimates - Update

Regeneron Pharmaceuticals, Inc. (REGN) reported on Friday that net income for the fourth quarter declined 3 percent to $1.16 billion or $10.19 per share from $1.20 billion or $10.50 per share in the prior-year quarter.

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Amazon Unveils Rufus AI Shopping Assistant

Amazon announced the launch of Rufus, a new generative AI-powered conversational shopping assistant, aiming to help customers make more informed purchase decisions. Rufus has been launched in beta to a small subset of customers in Amazon's mobile app. It will progressively roll out to additional U.S. customers in the coming weeks. The new shopping assistant is trained on Amazon's product catalo

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Sensex, Nifty Advance Led By PSUs

Indian shares rose notably on Friday as signs of a cooling U.S. economy pressured bond yields and bolstered expectations of potential rate cuts by the Federal Reserve.

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European Shares Inch Higher Ahead Of US Jobs Data

European stocks were seeing modest gains in cautious trade on Friday, a day after the Bank of England signaled that it will likely lower borrowing costs this year for the first time since 2020.

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FTSE 100 Rises On Rate Cut Hopes

U.K. stocks advanced on Friday, a day after the Bank of England opened the door to interest rate cuts, saying it is looking for "more evidence" that inflation would continue falling.

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CAC 40 Gains As Industrial Output Extends Rebound

French stocks traded higher on Friday while the dollar and bond yields retreated ahead of the U.S. nonfarm payrolls survey results due later in the day.

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DAX Gains Ahead Of US Jobs Report

German stocks rose on Friday as global bond yields dipped after the release of weak U.S. labor market data overnight.

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Asian Shares Mostly Higher; Chinese Markets Slump On Economic Recovery Concerns

Asian stocks advanced on Friday after Meta and Amazon delivered forecast beating results.

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Antipodean Currencies Rises As Asian Shares Traded Higher

The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Friday, after Asian stock markets traded higher, following the broadly positive cues from Wall Street overnight, with the markets rebounding as investors shrugged off the U.S. Fed's indication that an interest rate cut in March is unlikely after a sell-off on Wednesday. Markets in South Korea, Hong Kong, Singapore and Australia were up well above 1 percent.

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