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Forex News
Higher Open Anticipated For China Stock Market
The China stock market on Wednesday ended the four-day winning streak in which it had gathered almost 85 points or 2.6 percent. The Shanghai Composite Index now rests just above the 3,230-point plateau although it's expected to open higher again on Thursday.
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1062 days ago
Taiwan Stock Market Tipped To Open In The Green
The Taiwan stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day slide in which it had slumped more than 250 points or 1.7 percent. The Taiwan Stock Exchange now rests just beneath the 14,940-point plateau although it's likely to see renewed strength again on Thursday.
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1062 days ago
Singapore GDP Slips 0.2% In Q2
Singapore's gross domestic product was down a seasonally adjusted 0.2 percent on quarter in the second quarter of 2022, the Ministry of Trade and Industry said on Thursday.
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1062 days ago
Additional Support Predicted For Singapore Stock Market
The Singapore stock market bounced higher again on Wednesday, one session after snapping the five-day winning streak in which it had climbed more than 70 points or 2.2 percent. The Straits Times Index now rests just above the 3,285-point plateau and it may add to its winnings on Thursday.
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1062 days ago
Malaysia Bourse Likely To Reclaim 1,500-Point Mark
The Malaysia stock market headed south again on Wednesday, one day after ending the two-day slide in which it had fallen almost a dozen points or 0.8 percent. The Kuala Lumpur Composite Index new rests just above the 1,490-point plateau although it figures to bounce higher again on Thursday.
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1062 days ago
South Korea Stock Market May Reverse Wednesday's Losses
The South Korea stock market on Wednesday snapped the five-day winning streak in which it had climbed more than 60 points or 2.4 percent. The KOSPI now rests just above the 2,480-point plateau although it's predicted to rebound again on Thursday.
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1062 days ago
Singapore GDP Data Due On Thursday
Singapore will on Friday release final Q2 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is called flat on quarter and up 4.8 percent on year after rising 0.7 percent on quarter and 3.7 percent on year in the previous three months.
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1062 days ago
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TSX Ends Sharply Higher On Soft U.S. Inflation Data
The Canadian market ended sharply higher on Wednesday as investors picked up stocks across the board, reacting positively to data from U.S. Labor Department that showed consumer prices came in flat in the month of July.
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1062 days ago
Dollar Loses Ground As Rate Hike Expectations Fade After Tame Inflation Data
The U.S. dollar drifted lower against its major rivals on Wednesday as data showing the nation's consumer inflation slowed more than expected in July, raising speculation that the central bank will be less aggressive with regard to interest rate hike in September.
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1062 days ago
Swiss Market Recovers After Weak Spell, Ends On Positive Note
The Switzerland stock market ended modestly higher on Wednesday, tracking positive global cues after data from U.S. Labor Department showed consumer price inflation in the world's largest economy came in flat in the month of July.
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1062 days ago
European Stocks Close Higher On Soft U.S. Inflation Data
European stocks closed higher on Wednesday amid easing worries about aggressive monetary tightening by the Federal Reserve after data from the Labor Department showed consumer price inflation in the U.S. slowed more than expected in the month of July.
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1062 days ago
Canadian Market Up Sharply On Soft U.S. Inflation Data; Technology Stocks Rally
The Canadian market is up sharply Wednesday morning, with investors reacting positively to data from the U.S. Labor Department that showed consumer prices came in flat in the month of July.
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1062 days ago
U.S. Wholesale Inventories Jump Slightly Less Than Expected In June
A report released by the Commerce Department on Wednesday showed a continued surge in U.S. wholesale inventories in the month of June. The Commerce Department said wholesale inventories shot up by 1.8 percent in June after leaping by an upwardly revised 1.9 percent in May.
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1062 days ago
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