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Forex News
Swiss Market Ends Sharply Lower On Tariff Concerns
The Switzerland market ended sharply lower on Monday as stocks reeled under sustained selling pressure right through the day's session amid growing fears of a global recession due to the ongoing trade war.
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96 days ago
European Stocks Close Sharply Lower As Recession Fears Weigh
European stocks nosedived soon after the opening bell Monday morning, and despite recovering some lost ground subsequently and even managing to move closer to the flat line around late afternoon, failed to find support and eventually ended the day's session on a very weak note.
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96 days ago
Canadian Market Remains Firmly Down In Negative Territory
The Canadian market remains sharply down in negative territory a little past noon on Monday despite coming off early low. A sell-off in global markets amid rising fears of a recession due to the impact of U.S. tariffs and a sharp reaction by China, has rendered the mood bearish on Bay Street as well.
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96 days ago
Jobs Data Limits Dollar's Losses Amid Tariff, PMI Shocks
A larger-than expected addition to non-farm payrolls curtailed the dollar's losses in a week marked by global chaos on the trade front and weak economic data from the U.S.
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96 days ago
German Exports Rise Ahead Of Trump's Reciprocal Tariffs; Industrial Output Falls
Germany's exports grew the most in four months in February as U.S. importers frontloaded orders ahead of the imposition of new tariffs by the Trump administration, while industrial production declined more than expected in February indicating more challenges ahead for the economy. Exports grew 1.8 percent month-on-month in February, following stagnation in January, Destatis reported.
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96 days ago
Eurozone Sentix Investor Confidence Weakest Since 2023
Euro area investor confidence deteriorated to the lowest level in one-and-a-half years in April as expectations logged the second sharpest fall on record, results of the monthly survey by the behavioral research institute Sentix showed on Monday. The investor confidence index fell more-than-expected to -19.5 in April from -2.9 in March. The decline was much severe than the expected slump to -8.9.
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96 days ago
Bay Street Likely To Open Notably Lower
Canadian shares look headed for a gap down opening on Monday, tracking a sell-off in global markets amid rising fears of a global trade war and recession after China reacted strongly to U.S. President Donald Trump's sweeping tariffs on goods imported into the U.S.
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97 days ago
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FTSE 100 Down More Than 4% After Dismal Start
U.K. stocks are reeling under a severe bout of selling pressure on Monday, mirroring the sell-off in global markets amid rising fears of a recession due to U.S. President Donald Trump's tariffs on almost all goods imported into America, and China's retaliatory move in reaction to the U.S.'s move.
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97 days ago
CAC 40 Down Deep In The Red After Plunging To 17-month Lows
French stocks tanked to a seventeen-month low in early trades on Monday before staging a modest recovery.
The mood is quite bearish once again amid rising fears of a global recession following U.S. President Donald Trump's announcement of sweeping tariffs on goods from all nations, and China's retaliation with its set of levies on U.S. products.
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97 days ago
Sensex, Nifty Plunge Nearly 3% Amid Global Rout
Indian shares nosedived on Monday, mirroring a global selloff amid concerns that a potential global trade war could fuel inflation and dent economic growth.
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97 days ago
Eurozone Retail Sales Rise For First Time In 5 Months
Eurozone retail sales grew for the first time in five months in February but the pace of growth was weaker than expected, official data revealed Monday. Retail trade increased 0.3 percent month-on-month in February, after remaining flat in the previous three months. Although this was the first increase since September, the rate was slower than the forecast of 0.5 percent.
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97 days ago
DAX Down Nearly 7% As Recession Fears Grip Market
German stocks are bleeding profusely on Monday, taking a severe hammering once again following U.S. President Donald Trump's "reciprocal tariffs" proposal and the retaliation by the Chinese government continuing to heighten fears of a global recession.
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97 days ago
Swiss Franc Rises Amid Risk-Off Mood
The safe-haven Swiss franc strengthened against other major currencies in the European session on Monday, as European stock markets traded lower after reports suggested the European Union is gearing up to impose retaliatory tariffs on the United States.
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97 days ago
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