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Forex News
European Economic News Preview: Germany Factory Orders Data Due
Factory orders from Germany and final composite Purchasing Managers' survey results from the euro area are the top economic news due on Wednesday. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for September. Orders are forecast to rise 1.6 percent on month after falling 5.8 percent in August.
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247 days ago
European Shares Poised To Open Mixed As Trump Extends Lead In Swing States
European stocks may open on a mixed note Wednesday as investors ponder over what a Trump presidency could mean for the region. A proposed 10 percent U.S. tariffs risk hitting European exports like autos and chemicals.
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247 days ago
India Services Growth Strengthens In October
India's services activity growth recovered from September's ten-month low on sharper expansion in output and new business, final data from S&P Global showed on Wednesday.
The HSBC final services Purchasing Managers' Index registered 58.5 in October, up from 57.7 in September. The flash score was 57.9. New business growth accelerated from a ten-month low seen in September.
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247 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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247 days ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid optimism over the U.S. presidential election as early results show Republican candidate Donald Trump surging ahead of Democratic candidate Kamala Harris. Traders also remain cautious ahead of the US Fed's interest rate decision tomorrow.
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247 days ago
Sensex, Nifty Seen Opening Up As US Election Results Trickle In
Indian shares are likely to open a tad higher on Wednesday as new U.S. data signaled a solid economy and Republican candidate Donald Trump surged ahead of Democratic candidate Kamala Harris in the early U.S. presidential election results.
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247 days ago
Japanese Market Notably Higher
The Japanese stock market is trading sharply higher on Wednesday, adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 39,000 mark, with gains across most sectors led by financial and technology stocks.
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247 days ago
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Additional Support Predicted For Thai Stock Market
The Thai stock market on Tuesday snapped the two-day slide in which it had eased just over 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just above the 1,480-point plateau and it's tipped to open higher again on Wednesday.
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247 days ago
Indonesia Bourse May Crack Resistance At 7,500 Points
The Indonesia stock market on Tuesday ended the two-day slide in which it had slumped almost 100 points or 1.4 percent. The Jakarta Composite Index now rests just above the 7,490-point plateau and it may extend its gains on Wednesday.
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247 days ago
Australian Market Significantly Higher
Australian shares are trading significantly higher on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 moving a tad above the 8,200 level, following the broadly positive cues from Wall Street overnight, with gains across all sectors led by technology and financial stocks.
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247 days ago
Higher Open Predicted For Hong Kong Stock Market
The Hong Kong stock market has moved higher in three straight sessions, advancing almost 700 points or 3.4 percent along the way. The Hang Seng Index now sits just above the 21,000-point plateau and it's got a positive lead again for Wednesday's trade.
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247 days ago
China Stock Market Has Firm Lead For Wednesday's Trade
The China stock market has moved higher in two consecutive trading days, accelerating more than 110 points or 3.3 percent in that span. The Shanghai Composite now sits just above the 3,385-point plateau and it's expected to open higher again on Wednesday.
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247 days ago
Japan Services PMI Falls To 49.7 In October - Jibun
The services sector in Japan fell into contraction territory in October, the latest survey from Jibun Bank revealed on Wednesday with a services PMI of 49.7.
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247 days ago
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