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Actualités Forex
Renewed Support Anticipated For Taiwan Stock Market
The Taiwan stock market headed south again on Monday, one session after snapping the four-day losing streak in which it had retreated more than 1,080 points or 7.5 percent. The Taiwan Stock Exchange now rests just beneath the 12,970-point plateau although it's likely to bounce higher again on Tuesday.
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Singapore Bourse May Stop The Bleeding On Tuesday
The Singapore stock market has finished lower in eight straight sessions, sinking more than 135 points or 4.4 percent to a fresh 19-month closing low. The Straits Times Index now rests just above the 3,015-point plateau although it may finally find support on Tuesday.
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Malaysia Bourse May Challenge Resistance At 1,400 Points
The Malaysia stock market has finished higher in back-to-back sessions, gathering more than a dozen points or 0.9 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,385-point plateau and it's tipped to open in the green again on Tuesday.
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Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in two straight sessions, collecting almost 60 points or 2.7 percent along the way. The KOSPI now rests just beneath the 2,220-point plateau and it may extend its gains again on Tuesday.
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New Zealand Consumer Prices Rise 7.2% On Year In Q3
Consumer prices in New Zealand were up 7.2 percent on year in the third quarter of 2022, Statistics New Zealand said on Tuesday.
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New Zealand Inflation Data Due On Tuesday
New Zealand will on Tuesday release Q3 figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
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TSX Ends Sharply Higher
The Canadian market opened with a strong positive gap on Monday and stayed firm right through the session thanks to sustained buying across the board.
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Dollar Drifts Lower Against Other Major Currencies
The U.S. dollar drifted lower on Monday as the Sterling gained in strength against other major currencies after the new British Finance Minister Jeremy Hunt announced that the government would withdraw almost all tax measures of economic plan to support fiscal sustainability.
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Swiss Market Ends Sharply Higher On All-round Buying
Shrugging off some somewhat sluggish movements early on in the session, the Switzerland stock market kept surging higher and higher on Monday as buying interest gathered momentum, and eventually ended the day's session on a buoyant note.
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European Stocks Close Notably Higher On Bargain Hunting
European stocks closed notably higher on Monday, reacting to new British finance minister Jereme Hunt's decision to scrap most of the policies announced in Prime Minister Liz Truss's budget on September 23.
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UK Chancellor Hunt Reverses Tax Measures From 'Mini-budget'
UK's new Chancellor of the Exchequer Jeremy Hunt reversed almost all of the tax measures announced by his predecessor Kwasi Kwarteng in the 'mini-budget' on September 23, which attracted severe criticism for Prime Minister Liz Truss' government and caused a turmoil in the financial markets.
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Canadian Shares Rising Sharply On Bargain Hunting
Canadian shares are up sharply around noon on Monday with investors indulging in some hectic bargain hunting across the board, finding values a bit attractive after recent sharp losses.
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Yen Weakens Amid Risk Appetite
The Japanese yen dropped against its major opponents in the European session on Monday, as European stocks rose after an announcement from new U.K. finance minister Jeremy Hunt that the government would scrap almost all tax measures in the mini-budget to provide economic stability.
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