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Forex News
Pound Falls On Weak U.K. Retail Sales Data
The British pound weakened against other major currencies in the early European session on Friday, after U.K. retail sales declined more than expected in May on weak food store sales.
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16 days ago
U.S. Dollar Falls As European Shares Traded Higher
The U.S. dollar weakened against other major currencies in the early European session on Friday, as the European stocks traded higher after U.S. President Donald Trump said he would decide within two weeks whether to authorize a direct U.S. military strike on Iran, citing a "substantial chance of negotiations."
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16 days ago
European Shares Seen Tad Higher As Trump Delays Decision On Iran Attack
European stocks may open on a positive note Friday after U.S. President Donald Trump said he would decide within two weeks whether to authorize a direct U.S. military strike on Iran, citing a "substantial chance of negotiations."
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16 days ago
European Economic News Preview: UK Retail Sales, Public Sector Finance Due
Retail sales and public sector finance from the UK and producer prices from Germany are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics publishes UK retail sales and public sector finance data. Retail sales are forecast to shrink 0.5 percent month-on-month in May, in contrast to the 1.2 percent increase in April.
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16 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Friday.
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16 days ago
China Holds Loan Prime Rates As Expected
The People's Bank of China left its benchmark interest rate unchanged on Friday after reducing it last month. The central bank maintained its one-year loan prime rate at 3.0 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent.
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16 days ago
Sensex, Nifty Open Higher In Cautious Trade
Indian shares opened on a positive note Friday after U.S. President Donald Trump said he will decide within two weeks whether to authorize a direct U.S. military strike on Iran.
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16 days ago
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Australian Market Extends Early Losses In Mid-market
The Australian market is extending its early loses in mid-market moves on Friday, adding to the losses in the previous three sessions, following he broadly negative cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,500 level, with weakness in iron ore miners and financial stocks and a mixed performance in all other sectors.
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16 days ago
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Friday, following the broadly negative cues from Europe and lack of cues from Wall Street overnight, as traders remain cautious amid escalation in hostilities between Israel and Iran after Israeli Prime Minister Benjamin Netanyahu ordered intensified strikes on Iran, targeting 'strategic' and 'government' sites in Tehran.
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16 days ago
Sensex, Nifty Seen Flat To Higher On Mixed Asian Cues
Indian shares may open flat to slightly higher on Friday, tracking mixed cues from other Asian markets.
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16 days ago
Japanese Market Modestly Higher
Reversing some of the losses in the previous session, the Japanese market is modestly higher on Friday after opening in the red, despite the broadly negative cues from European markets and lack of cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,550 level, with gains across most sectors led by index heavyweights, financial and technology stocks.
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16 days ago
Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Friday, extending the losses in the previous three sessions, following he broadly negative cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,500 level, with weakness in iron ore miners and financial stocks and a mixed performance in all other sectors.
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16 days ago
BoJ Minutes, Inflation Data Due On Friday
The Bank of Japan will on Friday release the minutes from its monetary policy meeting on April 30-May 1, highlighting a busy day for Asia-Pacific economic activity.
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16 days ago
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