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South Korea Shares May Find Traction On Wednesday
The South Korea stock market has finished lower in back-to-back sessions, sinking almost 60 points or 2.5 percent along the way. The KOSPI now rests just above the 2,425-point plateau although it's due for support on Wednesday.
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TSX Ends On Strong Note After Bright Session
The Canadian market ended on a bright note on Tuesday, lifted by gains in technology, materials, energy and financials sectors.
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South Korea Trade Data Due On Wednesday
South Korea will on Wednesday release January figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.
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Australia Manufacturing PMI Eases To 50.0 In January - Judo Bank
The manufacturing sector in Australia slipped into stagnation in January, the latest survey from Judo Bank revealed on Wednesday with a manufacturing PMI score of 50.0.
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Dollar Subdued Ahead Of Fed Policy
The U.S. dollar turned weak on Tuesday after staying a bit firm in the Asian session, as data showing a drop in the pace of labor costs helped raise expectations the Federal Reserve will soften its aggressive approach and slow the pace of interest rate hikes.
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U.S. Stocks Rally On Earnings, End On Buoyant Note
After a slightly cautious start, stocks climbed higher on Tuesday thanks to sustained buying across the board.
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New Zealand Jobless Rate Rises To 3.4% In Q4
The unemployment rate in New Zealand came in at a seasonally adjusted 3.4 percent in the fourth quarter of 2022, Statistics New Zealand said on Wednesday.
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U.S. Stocks Up In Positive Territory, Set To End On Firm Note
U.S. stocks are up firmly in positive territory Tuesday afternoon and look well on course to end the day's session on a firm note.
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Swiss Market Ends Notably Lower
The Switzerland stock market ended notably lower on Tuesday, weighed down by data showing a drop in Swiss retail sales, and amid caution ahead of interest rate decisions by the Federal Reserve, the Bank of England and the European Central Bank.
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European Stocks Close Broadly Lower Ahead Of Interest Rate Moves
European stocks closed broadly lower on Tuesday as the mood remained cautious and investors largely refrained from indulging in any significant buying ahead of interest rate decisions from the Federal Reserve, the Bank of England and the European Central Bank.
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Canadian Market Moderately Higher At Noon
The Canadian market is up in positive territory around noon on Tuesday, led by gains in technology and materials shares.
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Tighter Credit Standards, Weaker Loan Demand Suggest Bleak Investment Outlook In Eurozone
Further tightening in credit standards and weakening loan demand from households and businesses in the euro area suggest that the monetary transmission is in play in the real economy, which could prompt the European Central Bank to hit a pause on rate hikes in the coming months though the prospect of high inflation could damp such thoughts.
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Pound Down As Investors Await Fed Announcement
The pound depreciated against its major rivals in the European session on Tuesday, as investors awaited the Federal Reserve's policy decision for more clarity on the rate outlook.
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