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Forex News
Continued Support Called For South Korea Shares
The South Korea stock market has moved higher in three straight sessions, collecting more than 60 points or 2.4 percent along the way. The KOSPI now sits just beneath the 2,630-point plateau and it's got a solid lead again for Thursday's trade.
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3 days ago
New Zealand GDP Gains 0.7% In Q4
New Zealand's gross domestic product expanded a seasonally adjusted 0.7 percent on quarter in the fourth quarter of 2024, Statistics New Zealand said on Thursday.
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3 days ago
Australia Unemployment Data Due On Thursday
Australia will on Thursday release February figures for unemployment, highlighting a busy day for Asia-Pacific economic activity.
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3 days ago
Dollar Pares Some Gains After Fed Policy Announcement
The U.S. dollar pared some gains Wednesday afternoon after the Federal Reserve, which left interest rate unchanged, signaled two quarter percentage point cuts this year.
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3 days ago
TSX Rises Past 25k Mark, Ends 1.5% Up
The Canadian market ended on a buoyant note on Wednesday with its benchmark S&P/TSX Composite Index climbing past 25,000 mark thanks to strong gains in technology, consumer staples, energy and financials sectors.
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3 days ago
Swiss Market Ends Marginally Down
Save for a few minutes around mid morning, and for a brief while in the final hour, the Switzerland market remained in negative territory on Wednesday as investors stayed reluctant to make significant moves ahead of policy announcements from the Federal Bank and Swiss National Bank.
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3 days ago
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Wednesday with investors largely making cautious moves ahead of the Federal Reserve's policy announcement. Geopolitical tensions and worries about outlook for growth due to U.S. tariffs and threats of more levies weighed on sentiment.
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3 days ago
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Fed Leaves Interest Rates Unchanged, Still Sees Rate Cuts This Year
In an almost universally expected move, the Federal Reserve on Wednesday announced its decision to once again leave interest rates unchanged, but projections signaled the central bank is still likely to lower rates later this year. The Fed said it decided to maintain the target range for the federal funds rate at 4.25 to 4.50 percent.
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3 days ago
U.S. Dollar Higher Ahead Of Fed Decision
The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, ahead of the Federal Reserve's monetary policy announcement, due shortly.
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3 days ago
Canadian Market Up Firmly In Positive Territory; Technology Stocks Up Sharply
The Canadian market is up firmly in positive territory in early afternoon trades on Wednesday with stocks from technology, energy and consumer staples sectors moving higher on strong buying support.
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3 days ago
Vonovia FY24 Net Loss Narrows; Sees Growth Ahead
German real estate major Vonovia SE reported Wednesday a net loss in its fiscal 2024, but significantly narrower than last year, mainly with growth in revenues. The company also announced higher dividend, and its fiscal 2025 outlook, expecting higher adjusted EBITDA, a key earnings metric. The company added that it is very confident as it looks ahead to this year and beyond, with the development..
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4 days ago
FDA Launches Operation Stork Speed To Review Infant Formulas
The U.S. Food and Drug Administration, along with the U.S. Department of Health and Human Services or HHS, launched an initiative to expand options for safe, reliable, and nutritious infant formula, the sole source of nutrition for infants as an alternative to human milk. Under the leadership of U.S. Health Secretary Robert F. Kennedy Jr., the initiative, named "Operation Stork Speed,"...
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4 days ago
Eurozone Inflation Eases To 2.3%
Eurozone inflation eased more than initially estimated to a three-month low in February, as sluggish economic activity impeded price pressures, official data revealed on Wednesday. The harmonized index of consumer prices rose 2.3 percent on a yearly basis in February, slower than the 2.5 percent increase in January, final data from Eurostat showed. The February rate was revised down from 2.4 perc
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4 days ago
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