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Forex News
South Korea Trade Data Due On Tuesday
South Korea will on Tuesday release February figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
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112 days ago
Dollar Drifts Lower Against Major Counterparts
The U.S. dollar shed ground against its major counterparts on Monday, weighed down by largely disappointing economic data, including a report showing a less than expected increase in retail sales in the month of February.
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112 days ago
TSX Ends Nearly 1% Up; Metal, Energy Stocks Rally
Canadian stocks turned in a fine performance on Monday as investors looked past concerns about trade war, and chose to focus on upcoming central bank meetings and economic data.
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112 days ago
Canadian Market Stays Firm, Set To End On Strong Note
The Canadian market is up firmly in positive territory Monday afternoon and looks well on course to the day's session on a bright note. Energy, materials and real estate stocks are among the prominent gainers.
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112 days ago
U.S. Dollar Lower After Soft Retail Sales Data
The U.S. dollar fell against its most major counterparts in the New York session on Monday, following the release of weak retail sales data that boosted Fed rate cut expectations.
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112 days ago
Swiss Market Ends On Strong Note
After opening marginally up, the Switzerland market gained in strength as the day progressed on Monday, thanks to sustained buying at several counters, amid optimism about more monetary easing by central banks.
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112 days ago
European Stocks Close Higher Ahead Of Kep Political Events, Central Bank Meetings
European stocks closed higher on Monday with investors indulging in some selective buying ahead of central bank meetings and a crucial vote on a spending plan in Germany, while continuing to monitor the developments on Russia-Ukraine conflict.
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112 days ago
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U.S. Business Inventories Rise In Line With Estimates In January
Business inventories in the U.S. increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Monday. The Commerce Department said business inventories rose by 0.3 percent in January after dipping by 0.2 percent in December. The rebound matched expectations.
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112 days ago
U.S. Homebuilder Confidence Slumps To Seven-Month Low In March
A report released by the National Association of Home Builders on Monday showed a continued deterioration by U.S. homebuilder confidence in the month of March. The report said the NAHB/Wells Fargo Housing Market Index fell to 39 in March after slumping to 42 in February. Economists had expected the index to remain unchanged.
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112 days ago
New York Manufacturing Activity Drops Significantly In March
The Federal Reserve Bank of New York released a report on Monday showing regional manufacturing activity dropped significantly in the month of March. The New York Fed said its general business conditions index plunged to a negative 20.0 in March after jumping to a positive 5.7 in February, with a negative reading indicating contraction. Economists had expected the index to fall to a negative 1.9.
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112 days ago
U.S. Retail Sales Rebound In February But Much Less Than Expected
After reporting a notable decrease by U.S. retail sales in the previous month, the Commerce Department released a report on Monday showing a modest rebound by retail sales in the month of February. The Commerce Department said retail sales rose by 0.2 percent in February after tumbling by a revised 1.2 percent in January. Economists had expected retail sales to climb by 0.7 percent.
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112 days ago
Dollar Weakens With Cooling Inflation
The U.S. dollar extended losses against major currencies during the week ended March 14 amidst a larger-than-expected softening in consumer price inflation as well as producer price inflation.
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112 days ago
New York Manufacturing Index Plunges Much More Than Expected In March
The Federal Reserve Bank of New York released a report on Monday showing regional manufacturing activity dropped significantly in the month of March.
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112 days ago
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