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Forex News
UK Economy Contracts Unexpectedly On Weaker Production
The UK economy logged an unexpected contraction at the start of the year on a sharp fall in production, official data revealed on Friday. Gross domestic product shrank 0.1 percent on a monthly basis in January, following a growth of 0.4 percent in December, the Office for National Statistics reported. GDP was expected to grow 0.1 percent.
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115 days ago
Asian Shares Advance As US Shutdown Worries Ease
Asian stocks ended mostly higher on Friday after U.S. Senate Minority Leader Chuck Schumer said he plans to vote for a Republican bill to fund the government through September, helping ease worries about a potential federal government shutdown.
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115 days ago
Yen Falls Amid Uncertainty Over BoJ Policy
The Japanese yen weakened against other major currencies in the Asian session on Friday, as the Bank of Japan (BoJ) is anticipated to keep interest rates steady next week as a way to evaluate the risks of escalating U.S. trade tensions.
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115 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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115 days ago
European Shares Seen Up As US Government Shutdown Worries Ease
European stocks are likely to open higher on Friday amid signs the U.S. may avert a looming government shutdown after Senate Democratic leader Chuck Schumer announced he's ready to start the process of considering a Republican-led government funding bill that has fiercely divided Democrats.
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115 days ago
Dr. Reddy's Labs Recalls Levetiracetam In Sodium Chloride Injection
Dr. Reddy's Laboratories Ltd. is recalling Levetiracetam in 0.75% Sodium Chloride Injection in the United States citing mislabeling of infusion bag, according to the U.S. Food and Drug Administration. The recall involves one Batch/Lot No: A1540076 of Levetiracetam in 0.75% Sodium Chloride Injection, 1,000 mg/100 mL (10 mg/mL) single-dose infusion bags to the consumer level.
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115 days ago
European Economic News Preview: UK GDP Data Due
Monthly GDP estimate, industrial production and foreign trade figures are due from the UK, headlining a busy day for the European economic news. At 3.00 AM ET, the Office for National Statistics releases UK GDP, industrial output and external trade data. The economy is forecast to grow 0.1 percent on a monthly basis in January, following a 0.4 percent gain in December.
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115 days ago
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Asian Markets Mixed Amid Tariff Concerns
Asian stock markets are trading mixed on Friday, following the broadly negative from Wall Street overnight, as traders remain cautious and concerned about global economic growth amid the ongoing trade war. Some traders also looked to pick up stocks at a bargain after the recent slump in the markets. Asian markets ended mostly lower on Thursday.
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115 days ago
Indian Markets Closed For Holi
Indian stock markets remain closed today for Holi.
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115 days ago
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Friday, snapping a four-session losing streak, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to stay just below the 7,800 level, with gains in iron ore miners and gold miners amid spiking metal prices.
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115 days ago
Thai Shares Tipped To Open To The Downside On Friday
The Thai stock market has finished lower in two straight sessions, slipping almost 30 points or 2.4 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,160-point plateau and it figures to open under pressure again on Friday.
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115 days ago
Japanese Market Notably Higher
Reversing the slight losses in the previous session, the Japanese market is notably higher on Friday, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 36,900 level, with gains across most sectors led by index heavyweights, exporters and technology stocks.
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115 days ago
Indonesia Bourse May Give Up 6,600-Point Level
The Indonesia stock market turned lower again on Thursday, one day after ending the two-day slide in which it had dropped almost 85 points or 1.3 percent. The Jakarta Composite Index now sits just beneath the 6,650-point plateau and it may take further damage on Friday.
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115 days ago
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